NAICS Code 423860-02 - Aircraft Brokers (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Business Phone Number
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  • Employee Count
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Looking for more companies? See NAICS 423860 - Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers - 1,535 companies, 12,650 emails.

NAICS Code 423860-02 Description (8-Digit)

Aircraft Brokers (Wholesale) are companies that specialize in the wholesale distribution of aircraft. These companies act as intermediaries between aircraft manufacturers and buyers, facilitating the purchase and sale of aircraft. They provide a range of services to their clients, including market analysis, aircraft valuation, and negotiation of purchase and sale agreements. Aircraft Brokers (Wholesale) work with a variety of clients, including airlines, corporations, governments, and private individuals.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423860 page

Tools

Tools commonly used in the Aircraft Brokers (Wholesale) industry for day-to-day tasks and operations.

  • Aircraft valuation software
  • Market analysis tools
  • Customer relationship management (CRM) software
  • Sales and marketing automation tools
  • Financial analysis software
  • Contract management software
  • Aviation industry news and analysis sources
  • Aircraft maintenance and repair software
  • Aviation safety and compliance tools
  • Aviation insurance and risk management software

Industry Examples of Aircraft Brokers (Wholesale)

Common products and services typical of NAICS Code 423860-02, illustrating the main business activities and contributions to the market.

  • Commercial airliners
  • Private jets
  • Helicopters
  • Military aircraft
  • Cargo planes
  • Business aircraft
  • Regional aircraft
  • Amphibious aircraft
  • Agricultural aircraft
  • Gliders

History

A concise historical narrative of NAICS Code 423860-02 covering global milestones and recent developments within the United States.

  • The Aircraft Brokers (Wholesale) industry has a long history dating back to the early 20th century when the first commercial airlines were established. The industry has since grown and evolved with the development of new technologies and advancements in aviation. Notable milestones include the introduction of jet engines in the 1950s, the deregulation of the airline industry in the 1970s, and the rise of low-cost carriers in the 1990s. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which has led to a decline in air travel and a decrease in demand for aircraft. However, the industry is expected to recover as air travel resumes and the demand for aircraft increases. In the United States, the Aircraft Brokers (Wholesale) industry has a more recent history, with the first aircraft brokerages established in the 1980s. The industry has since grown and become more competitive, with the emergence of new players and the adoption of new technologies. Notable advancements include the use of online platforms for aircraft sales and the development of new financing options for aircraft purchases. The industry has also faced challenges in recent years, including the 2008 financial crisis and the COVID-19 pandemic, which have led to a decline in demand for aircraft and a decrease in sales. Despite these challenges, the industry is expected to continue to grow in the coming years as the demand for air travel increases and the global economy recovers.