Jetrader - Autumn 2016 - 66

ISTAT foundation The ISTAT Foundation Scholarship Program: FOSTERING THE FUTURE of AVIATION T By Peter Huijbers, ISTAT Foundation Scholarship Committee Chairman The ISTAT Foundation was founded in 1994 to support individuals and institutions that promote the advancement of commercial aviation and humanitarianism. Funding for programs is provided by annual grants from ISTAT and contributions from individuals and companies. The Foundation supports five giving programs: Scholarships, Internships, ISTAT University, Grants and Humanitarian Aid. The ISTAT Foundation Scholarship Program, the largest of the giving programs, has awarded nearly $2,300,000 in scholarships to over 290 students in 21 countries since 2006. Results from the 2016 ISTAT Foundation Scholarship Program The ISTAT Foundation Scholarship Committee has completed the review of nearly 70 candidate applications. This year, the Foundation has awarded $345,000 in scholarships to support 49 students pursuing aviation-related degrees; scheduled to be awarded later this year are the Norman C.T. Liu Asia Scholarships and ISTAT University Scholarships. In total, the Foundation is expected to award over 70 scholarships in 2016, a record year. Scholarships are divided into two categories: ISTAT Scholarships and Named Scholarships. This year, the Foundation has allocated $217,000 in support of funding student scholarships, known as ISTAT Scholarships. To supplement ISTAT Scholarships, the Foundation awards Named Scholarships. Named Scholarships are those specific to a donor or in remembrance of an industry figure. In order for a student to qualify for a Named Scholarship, they must meet the requirements set by the individual donor (e.g., geographical, area of study, university-specific). The annual funding provided by Named Scholarships in 2016 totals $171,000. The Named Scholarships include: * Jon Batchelor Scholarship Award * GECAS Africa Scholarship Award * Hafthor Hafsteinsson Scholarship Award * Norman C.T. Liu Asia Scholarship Award [new in 2016] * Michael Metcalf Scholarship Award * Joseph Nadol Memorial Scholarship Award * Gilbert W. Speed Memorial Scholarship Award * Steven Udvar-Hazy Scholarship Award * ISTAT University Scholarship Award [new in 2016] * ISTAT Foundation/Omni Air International Scholarship Award * ISTAT Foundation/Diane K. Ballweg Scholarship Award * ISTAT Foundation/Jon Batchelor Scholarship Award New Developments in the ISTAT Foundation Scholarship Program For the past two years, the ISTAT Foundation Scholarship Committee has worked diligently to further develop the Scholarship Program. One of the most significant changes was the retiming of the 66 The official publication of the International Society of Transport Aircraft Trading Scholarship Program. In previous years, applications were submitted, scored and awarded in the fourth quarter of the year. After surveying nearly 200 partnered universities, it was agreed to hold the program in the second quarter of the year as the preferred program timing. Since 2015, the Scholarship Program has taken place between 1 March (applications open) and 1 May (application deadline). The Scholarship Committee is tasked with the review and scoring of the applications in June, with awards distributed by early July. The Foundation's Named Scholarships are a significant part of the growth driver for the Scholarship Program. This year, the Foundation welcomed the addition of the Norman C.T. Liu Asia Scholarship in support of students in aviation-related programs at universities in Asia. As the Scholarship Program continues to grow, the Committee is faced with ensuring candidates maintain high academic excellence and show great potential to be successful members of the aviation industry. As such, the Committee aims to increase its international reach. Since 2012, the number of scholarship recipients outside of the United States has increased from 30 to 50 percent. This year, the Committee developed a new award tier structure with the intention of supporting the highest performing students and students in emerging countries on a long-term basis. This was implemented as part of a larger strategic plan to position the ISTAT Foundation Scholarship Program

Table of Contents for the Digital Edition of Jetrader - Autumn 2016

A Message from the President
Calendar/News
Q&A: Mike Williams, Jetaire Group
Wish Upon a Star
Sunshine, Rain and Mixed Feelings
ISTAT’s 2016 Farnborough Airshow Chalet and Reception Continue to Achieve Record Attendance
Legal Status of Aircraft Engines and Effects on Financing and Leasing Transactions
Survival of the Fittest
Weathering Economic Gusts: Copa Airlines’ Pedro Heilbron Advocates Flexibility and Smart Growth
5 Places to Visit While Attending the ISTAT Latin America Forum
From the ISTAT Photo Archives
From the Jetrader Editorial Archives
Aviation History
Aircraft Appraisals
ISTAT Foundation
Advertiser Index
Advertiser.com
Jetrader - Autumn 2016 - cover1
Jetrader - Autumn 2016 - cover2
Jetrader - Autumn 2016 - 3
Jetrader - Autumn 2016 - 4
Jetrader - Autumn 2016 - 5
Jetrader - Autumn 2016 - 6
Jetrader - Autumn 2016 - A Message from the President
Jetrader - Autumn 2016 - 8
Jetrader - Autumn 2016 - 9
Jetrader - Autumn 2016 - Calendar/News
Jetrader - Autumn 2016 - 11
Jetrader - Autumn 2016 - Q&A: Mike Williams, Jetaire Group
Jetrader - Autumn 2016 - 13
Jetrader - Autumn 2016 - 14
Jetrader - Autumn 2016 - 15
Jetrader - Autumn 2016 - Wish Upon a Star
Jetrader - Autumn 2016 - 17
Jetrader - Autumn 2016 - Sunshine, Rain and Mixed Feelings
Jetrader - Autumn 2016 - 19
Jetrader - Autumn 2016 - 20
Jetrader - Autumn 2016 - 21
Jetrader - Autumn 2016 - 22
Jetrader - Autumn 2016 - 23
Jetrader - Autumn 2016 - ISTAT’s 2016 Farnborough Airshow Chalet and Reception Continue to Achieve Record Attendance
Jetrader - Autumn 2016 - 25
Jetrader - Autumn 2016 - 26
Jetrader - Autumn 2016 - 27
Jetrader - Autumn 2016 - 28
Jetrader - Autumn 2016 - 29
Jetrader - Autumn 2016 - 30
Jetrader - Autumn 2016 - 31
Jetrader - Autumn 2016 - Legal Status of Aircraft Engines and Effects on Financing and Leasing Transactions
Jetrader - Autumn 2016 - 33
Jetrader - Autumn 2016 - 34
Jetrader - Autumn 2016 - 35
Jetrader - Autumn 2016 - 36
Jetrader - Autumn 2016 - 37
Jetrader - Autumn 2016 - Survival of the Fittest
Jetrader - Autumn 2016 - 39
Jetrader - Autumn 2016 - 40
Jetrader - Autumn 2016 - 41
Jetrader - Autumn 2016 - 42
Jetrader - Autumn 2016 - 43
Jetrader - Autumn 2016 - Weathering Economic Gusts: Copa Airlines’ Pedro Heilbron Advocates Flexibility and Smart Growth
Jetrader - Autumn 2016 - 45
Jetrader - Autumn 2016 - 5 Places to Visit While Attending the ISTAT Latin America Forum
Jetrader - Autumn 2016 - 47
Jetrader - Autumn 2016 - 48
Jetrader - Autumn 2016 - 49
Jetrader - Autumn 2016 - From the ISTAT Photo Archives
Jetrader - Autumn 2016 - 51
Jetrader - Autumn 2016 - 52
Jetrader - Autumn 2016 - 53
Jetrader - Autumn 2016 - From the Jetrader Editorial Archives
Jetrader - Autumn 2016 - 55
Jetrader - Autumn 2016 - 56
Jetrader - Autumn 2016 - 57
Jetrader - Autumn 2016 - Aviation History
Jetrader - Autumn 2016 - 59
Jetrader - Autumn 2016 - 60
Jetrader - Autumn 2016 - 61
Jetrader - Autumn 2016 - 62
Jetrader - Autumn 2016 - Aircraft Appraisals
Jetrader - Autumn 2016 - 64
Jetrader - Autumn 2016 - 65
Jetrader - Autumn 2016 - ISTAT Foundation
Jetrader - Autumn 2016 - 67
Jetrader - Autumn 2016 - 68
Jetrader - Autumn 2016 - Advertiser Index
Jetrader - Autumn 2016 - Advertiser.com
Jetrader - Autumn 2016 - cover3
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