When I think about the second quarter, my first thought is always “Conference Season.” Typically, the stretch from mid-March to Memorial Day is busy with industry conferences and seminars.
Whether it’s the National Aircraft Finance Association Annual Conference, the International Aircraft Dealers Association Spring Meeting or NBAA Tax Seminar, there’s always something going on.
When we gather at these industry events, there’s certainly plenty to talk about. Following are just a few of the topics regarding privacy, tariffs and transaction trends.
Privacy News
One item of note is that the FAA announced that aircraft owners will now have the ability to keep their registration information private from the public view.
While this a positive step for privacy, it raises several questions when it comes to aircraft transactions:
- How do you validate the aircraft title if the public cannot view ownership details?
- Am I permitted to submit a privacy request on behalf of a buyer during closing?
- How will lenders and insurers adapt to reduced transparency?
While this added privacy layer is beneficial for owners, this change may introduce unforeseen complications, much like the ongoing tariff discussion.
Tariffs: The Endless Debate
Speaking of tariffs—are you already as weary of the topic as I am?
Recently, here at Aero-Space Reports, we just experienced a canceled transaction with a Canadian-owned aircraft due to buyer uncertainty about tariff impacts. Will this become a trend or remain an isolated case?
While many predict negative industry effects, tangible impacts on my transactions remain minimal.Â
Transaction Trends
Here’s a surprising data point: Q2 consistently outpaces Q4 in the number of closed transactions for us. While December is the busiest month, April and May follow closely behind. One reason for the Q2 surge is that it’s the only time of year when both the piston and jet markets hit simultaneously.
Warmer weather, approaching school breaks and travel for sports or vacations drive this activity, making Q2 both rewarding and demanding.
Looking Ahead
For those attending industry events, I’m eager to connect and hear your perspectives on these evolving challenges.
At Aero-Space Reports, we remain committed to navigating these shifts while prioritizing customer service.Â
And, if you see me at a conference, don’t hesitate to say hello—let’s discuss how we can tackle these changes together.