NARA members involved in 50% of all transactions in 2015
The National Aircraft Resale Association (NARA) were involved in 50% of the pre-owned business jet transaction market in 2015 (per JETNET).
NARA broker and dealer members represent 5% of more than 1,000 aircraft brokers worldwide.
“I am proud to represent the best and the brightest group of aircraft sales professionals as well as our growing number of Products and Services Members. We founded NARA with just 12 members, and now we boast nearly 100.”
Johnny Foster, NARA chairman and president & CEO of OGARAJETS said: “I am proud to represent the best and the brightest group of aircraft sales professionals as well as our growing number of Products and Services Members. We founded NARA with just 12 members, and now we boast nearly 100.”
“We have not only survived multiple economic challenges but our broker and dealer membership continues to dominate the pre-owned business jet sales market. The NARA website consistently showcases more than 400 NARA aircraft listings as well as our new video, designed to educate aircraft buyers about the advantages of working with a NARA certified broker/dealer,” added Foster.
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The aircraft broker/dealer community has no license requirements to conduct transactions, and it can be difficult for aircraft buyers to know who they can trust when it comes to purchasing, selling, financing or maintaining a business jet, especially in today’s market. Member companies must follow a strict NARA code of ethics, and the broker/dealer members must pass a certification process to assure the highest standards when buying and selling previously owned aircraft.