IADA Open To New Dealer Applicants | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne Unmanned-
Alt. Wednesdays

Airborne Flight Training-Alt. Wednesdays

Airborne Unlimited-
Friday

Airborne Special Programs!

Airborne On ANN

Airborne Unlimited--05.27.20

Airborne-Unmanned--05.28.20

NEW! Airborne-Flight Training--05.20.20

Airborne Unlimited--05.29.20

Airborne's Annual April 1st Episode

Airborne-YouTube

Airborne Unlimited--05.27.20

Airborne-Unmanned--05.28.20

NEW! Airborne-Flight Training--05.20.20

Airborne Unlimited--05.29.20

The 2020 Avionics Innovation Preview!

Wed, Jul 10, 2019

IADA Open To New Dealer Applicants

Prospective Dealers Must Meet 'Rigorous' Requirements

The International Aircraft Dealers Association (IADA) is accepting applications to become accredited member dealers through July 31, 2019.

To become eligible for accreditation and membership dealers must meet rigorous standards including being in business for at least five years, averaging 10 transactions annually, have at least three brokers in the firm, be recommended by three IADA member dealers, and ultimately approved by a majority of IADA dealers. Other requirements include signing the IADA Code of Ethics annually, list inventory on www.AircraftExchange.com, carry sufficient liability and errors and omissions insurance, and complete annual ethics and compliance training.

"No doubt, IADA's minimum requirements are extremely rigorous and by design are the reason that the organization is now driving the aircraft transaction industry to the highest standards, which are in the very best interests of aircraft buyers and sellers," said IADA Executive Director Wayne Starling. "We have engaged Joseph Allan Aviation Consulting, an independent third-party agency, to administer the process, ensuring the highest standards and that our dealers are the most respected and experienced professional experts in the transaction industry."

The Joseph Allan firm will contact the three sponsors listed on the application for feedback and IADA will announce new member applicants and ask the current membership to provide written feedback regarding applicants to Joseph Allan. Information obtained by Joseph Allan during the comment period will be sent to the IADA Membership Committee.

The IADA Membership Committee will review membership comments and make a recommendation to the IADA Board of Directors. If the IADA Board of Directors votes to approve an application after reviewing the IADA Membership Committee recommendation, then the dealer applicant will proceed to the next step in the process. Dealers are reaccredited every three years.

While only three percent of all aircraft dealers merit IADA accreditation, they handle more than 50 percent of the used business jet transactions. IADA represents a variety of product and aviation services that also operate with the highest professional standards in the industry.

(Source: IADA news release)

FMI: www.IADA.aero

Advertisement

More News

NASA and SpaceX Maintain Target For May 30 Demo-2 Launch

NASA Continues to Monitor Weather, Cross Fingers, Keep Rabbit's Foot Close By... NASA and SpaceX continue planning toward a Saturday, May 30, launch attempt of NASA’s SpaceX >[...]

Congo Airways Converts Embraer E175 Order to E190-E2 Jets

Currently 189 Embraer Aircraft Operating In Africa Congo Airways have converted the firm order made in December 2019 for two E175 aircraft, with purchase rights for two more, into >[...]

EAA Advises EPA Against Need for Evaluation or Regulation of Avgas Component

EAA Made Clear That The Public Has Limited To No Exposure To EDB In Concentrated Form EAA recommended the EPA not designate an integral component of avgas, ethylene dibromide (EDB)>[...]

EHang Granted Approval To Use EHang 216 Passenger-Grade Aav For Air Logistics Pu

Trial Air Logistics Services Using the EHang 216 Starting Soon EHang has obtained the world’s first commercial pilot operation approval to use passenger-grade autonomous aeri>[...]

Pulselite Bird Strike Prevention System STC Expanded to Include Bell 429 and 505

Pulselite System Has Been Proven To Significantly Reduce Bird Strikes Precise Flight has expanded its Supplemental Type Certificate (STC) from the FAA for the Pulselite Bird Strike>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2020 Web Development & Design by Pauli Systems, LC