The International Aircraft Dealers Association (IADA) partnered with Jetquity to offer association clients a program to safeguard business aircraft buyers.
Content Body
The International Aircraft Dealers Association (IADA) has partnered with Jetquity to exclusively offer association clients a program designed to safeguard business aircraft buyers. Its new Residual Value Guarantee Program aims to protect aircraft buyers against volatility by agreeing to purchase aircraft at preset prices, established using algorithms and AI.
"We do a residual value guarantee for preowned and brand-new aircraft. How the program works is it's a five-year program. So when someone purchases an aircraft, we work with the broker and with the client and we map out their future value," explained Jetquity CEO managing partner Asad Rahman.
"So after five years, we say that this is gonna be your future value based on your usage and based on where you're flying to, where the aircraft is based, and the type of the aircraft, and for that future value, we say that we will purchase the aircraft back from you at that set value for a premium."
“We are very pleased with this agreement to expand our Residual Value Guarantee Program to the powerhouse IADA international resale network,” added Rahman. “We have found that IADA-accredited dealers are the world’s best experts in helping their aviation clients.”
Jetquity has 80 deals with aircraft buyers and is financially backed by a collection of Middle Eastern family offices, sovereign wealth funds, and U.S. institutions.
“Going forward, Jetquity’s Residual Value Guarantee Program will be available to aircraft buyers using the services of IADA-accredited dealers and certified brokers,” said IADA chairman Phil Winters.
IADA,, Jetquity Partner on Business Jet Value Program
Newsletter Body
The International Aircraft Dealers Association (IADA) has partnered with Jetquity to exclusively offer association clients a program designed to safeguard business aircraft buyers. Its new Residual Value Guarantee Program aims to protect aircraft buyers against volatility by agreeing to purchase aircraft at preset prices, established using algorithms and AI.
"We do a residual value guarantee for preowned and brand-new aircraft. How the program works is it's a five-year program. So when someone purchases an aircraft, we work with the broker and with the client and we map out their future value," explained Jetquity CEO managing partner Asad Rahman.
"So after five years, we say that this is gonna be your future value based on your usage and based on where you're flying to, where the aircraft is based, and the type of the aircraft, and for that future value, we say that we will purchase the aircraft back from you at that set value for a premium."
“We are very pleased with this agreement to expand our Residual Value Guarantee Program to the powerhouse IADA international resale network,” added Rahman. “We have found that IADA-accredited dealers are the world’s best experts in helping their aviation clients.”