The National Aircraft Resale Association (NARA) is well represented this week at EBACE in Geneva, with approximately 25 NARA member organizations exhibiting and 60 representatives from NARA companies attending.
NARA brokers represent approximately 60 percent of the used aircraft market but only compromise just 3 percent of total brokers. Some represent buyers while others represent sellers.
Some of the NARA member brokers, service, and equipment providers that are exhibiting at EBACE include Aircraft Bluebook (Booth T107), Amstat (Booth V115), Aviation Manuals (Booth J35e), Aviation Partners (Booth Y33), Banyan Air Service (Booth 89), Clay Lacy Aviation (Booth D89), Duncan Aviation (Booth E89), Exclusive Aviation/Fargo Jet Service (Booth E89), Guardian Jet Booth (Y125), Honeywell (Booth Y139), Jetcraft (Static Display 21), JetNet (Booth W127), JSSI (Booth A89), QS Partners (Booth Z109), Satcom Direct (Booth W115), Skyservice Business Aviation (Booth R108), and Western Aircraft (Booth T101). Those attending, but not exhibiting, include Cutter Aviation and Hatt & Associates.
All of these companies follow the NARA 14-point code of ethics and work to promote growth and public understanding of the aircraft resale industry. NARA itself is working to standardize transactions through letters of intent, requirements, and certifications.
“This huge turnout of business aircraft expertise to Europe reflects the heated markets we are experiencing across the globe and especially...in the U.S.," said Brian Proctor, NARA chairman. “The NARA contingent seems to be particularly busy keeping up with a high business aircraft sales volume that we haven't seen in some time in the U.S., but Europe, the Middle East, and Asian markets are also busy."
