![\"\"](\"\/wp-content\/uploads\/IADA.jpg\")
<\/figure><\/div>\n\n\n\n“This past year, IADA instigated a heightened awareness\nof the importance of dealer and broker professionalism to the buyers and\nsellers of aircraft, which has already resulted in crisper ethical transactions\nacross the industry,” said IADA Executive Director Wayne Starling.\n“IADA’s dealers are simply the best in the industry with a renewed\nemphasis on the level of professionalism executed by the aircraft brokers that\nwork for them.” <\/p>\n\n\n\n
Verified Search Portal<\/strong><\/p>\n\n\n\n Key among the strides made in 2019 was the creation and\nsuccessful operation of AircraftExchange.com, an exclusive IADA online aircraft\nlisting service that only features aircraft for sale that have been IADA\nvalidated, eliminating time consuming distractions from the buying and selling\nprocess. In less than a year since its inception, the www.AircraftExchange.com\nsearch portal handled more than $3.8 billion in aircraft sales covering\napproximately 400 aircraft. <\/p>\n\n\n\n Currently the site lists hundreds of verified aircraft for\nsale listed exclusively by IADA dealers. Efforts are already underway in 2020\nto expand the reach and accessibility of this aircraft search portal as it\nbecomes the go-to source for the best aircraft on the market represented by the\nbest dealers the industry can offer.<\/p>\n\n\n\n The portal targets high net worth individuals and C-suite\nexecutives. These transaction decision makers and influencers have found that\nthe site offers a sophisticated, cutting-edge user experience replete with\nunique proprietary features and an intuitive approach for buyers and sellers.\nBuyers can create a confidential dashboard with their preferred aircraft\nfiltered by desired features, including aircraft class, age, and cost.<\/p>\n\n\n\n Dealer Accreditations, Broker Certifications<\/strong><\/p>\n\n\n\n Also during 2019, IADA conceived and implemented the\nindustry’s first aircraft dealer accreditation process and created a\ncertification program for brokers that elevated the level of qualifications and\nprofessionalism available to aircraft buyers and sellers. <\/p>\n\n\n\n IADA engaged Joseph Allan Aviation Consulting to oversee the\nextensive processes to accredit dealers and certify their brokers to ensure\nobjectivity in meeting the highest industry standards required to become a\nmember of the world’s most trusted organization of aircraft transaction\nexperts. Similar stringent qualifications are now required of the industry\nexperts who provide products and services to the industry in order for them to\nbecome verified affiliate members of the organization.<\/p>\n\n\n\n IADA Growth<\/strong><\/p>\n\n\n\n Following IADA’s fall meeting, the organization added\nseveral accredited aircraft dealers to its ranks and increased the number of\ncertified aircraft brokers by 50. There are now 42 brokers in addition to five\nnew aircraft manufacturers that are members of IADA.<\/p>\n\n\n\n Represented at the fall meeting were more than 60 additional\ncompanies that are verified providers of products and services to the pre-owned\naircraft transaction industry. They brought the total companies in attendance\nat the fall meeting to more than 100. <\/p>\n\n\n\n IADA’s aircraft dealers exhibited more than 10 pre-owned\nbusiness jets at the 2019 NBAA Business Aviation Convention and Exhibition\n(NBAA-BACE) in Las Vegas, Nev. These aircraft joined dozens of others on\ndisplay by new aircraft manufacturers that are also IADA-accredited aircraft\ndealers.<\/p>\n\n\n\n For a complete list of IADA’s dealers go to www.IADA.aero.\nFor a list of IADA’s newest brokers go to\nhttps:\/\/iada.aero\/certified-brokers-recent. For a complete list of IADA’s\ncertified brokers go to: https:\/\/iada.aero\/certified-brokers. <\/p>\n\n\n\n IADA Foundation Active in 2019<\/strong><\/p>\n\n\n\n In 2019 the IADA foundation received approval from the\nInternal Revenue Service (IRS) as a tax-exempt 501 (c) (3) public charitable\norganization. The new designation by the IRS permits IADA to expand its\ninitiatives inside and outside the industry while its business aviation\nscholarships build a cadre of business aviation professionals for the future.<\/p>\n\n\n\n IADA Foundation by-laws prescribe that the organization can\nprovide business aviation scholarships, education, learning, and leadership\nopportunities. The organization can work through other organizations, including\nthe National Business Aviation Association (NBAA), University of Virginia\nDarden School of Business, and Georgia State University, in addition to funding\nspeakers at IADA annual meetings.<\/p>\n\n\n\n In addition, IADA will be permitted to make contributions\nfor aviation related disaster relief and aviation related philanthropic causes\nthrough the NBAA Humanitarian Emergency Response Operator Database, Angel\nFlight and Corporate Angel Network.<\/p>\n\n\n\n Leadership for 2020 and Beyond<\/strong><\/p>\n\n\n\n IADA has tapped into its membership for the overall\ngovernance to lead the organization into the next decade. IADA has named QS\nPartners Managing Partner Paul Kirby as the aircraft dealer organization’s new\nChairman of the Board for 2020-2021. He replaces outgoing Chairman Brian\nProctor, Mente Group President and Chief Executive Officer, who led the\norganization in 2018-2019.<\/p>\n\n\n\n Joining Kirby as an officer on the Board of Directors of the\nglobal aircraft transaction organization is Vice Chairman Peter Antonenko,\nChief Operating Officer of Jetcraft. IADA’s Treasurer is David Monacell,\nExecutive Vice President of CFS Jets. Joe Carfagna Jr., President of Leading\nEdge Aviation Solutions, is IADA’s Secretary.<\/p>\n\n\n\n Joining the officers as board members are Meisner Aircraft\nVice President Chris Meisner, Guardian Jet Vice President of Sales Doc Dwyer,\nand Avpro Inc. Managing Partner Chris Ellis. IADA’s OEM President on the board\nis Michael Amalfitano, Sr., the President and CEO of Embraer Executive Jets.<\/p>\n\n\n\n The IADA Board of Directors also includes John Prock,\nDirector of Aircraft Asset Management for Banc of America Leasing, as Chairman\nof the Products and Services Member Advisory Council, and PNC Aviation Finance\nSenior Vice President and National Sales Manager Keith Hayes, 1st Vice Chairman\nof the Products and Services Member Advisory Council. Joining Prock and Hayes\non the Member Advisory Council are 2nd Vice Chairman Andrew Young, General\nManager of AMSTAT and Secretary Tobias Kleitman, President of TVPX.<\/p>\n\n\n\n IADA is a professional trade association formed more than 25\nyears ago, promoting the growth and public understanding of the aircraft resale\nindustry. IADA now offers the world’s only accreditation program for dealer\norganizations and the only certification program for individual brokers. The\nprocess delivers high standards of ethical business and transparency regarding\naircraft transactions, leading to a more efficient and reliable marketplace.\nFor more info about IADA go to www.IADA.aero.<\/p>\n","protected":false},"excerpt":{"rendered":" The International Aircraft Dealers Association (IADA) experienced significant progress in 2019 in several important areas, along with robust growth, as it advanced the organization’s commitment to transparency and integrity in used aircraft transactions. Central to IADA’s initiatives in 2019 was a focus on self-regulating the industry to make transactions more ethical and seamless for buyers […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[],"class_list":["post-14520","post","type-post","status-publish","format-standard","hentry","category-international-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/14520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=14520"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/14520\/revisions"}],"predecessor-version":[{"id":14524,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/14520\/revisions\/14524"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=14520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=14520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=14520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"\/wp-content\/uploads\/IADA-Vegas-meeting-1-1024x576.jpg\")
<\/figure><\/div>\n\n\n\n![\"\"](\"\/wp-content\/uploads\/Paul-Kirby-2.jpg\")