Jetrader - Winter 2015 - 16

ISTAT Europe:

A High-Flying Success
Attendance soars as veterans and
first-timers converge in Prague

Y

By Julie Ahlgren

Year after year, aviation professionals from
around the globe converge to discuss market trends, hear updates from manufacturers, catch up with old friends and make new
ones at ISTAT Europe. With 1,200 in attendance, this year's event did not disappoint.
ISTAT Europe was held 4-6 October at
the Hilton Prague and featured a heavyhitting lineup of speakers, as well as several
networking opportunities. The conference
kicked off on Sunday with walking tours and
the ISTAT NewGen Event held at the historic
U Flek beer garden. This event is one of the
newest additions to the schedule and allows
the younger generation of professionals a
special time to gather together and meet
industry veterans. The receptions, one on
Sunday night sponsored by Vedder Price
and another on Monday hosted by Boeing,
buzzed with excitement as attendees and
guests filled the room and conversation
flowed into the evening. And to cap off the
networking experiences, ISTAT went out
with flair at the gala event at Zofin Palace,
a stunning architectural masterpiece on a
private island in Prague.

"We've added 700 new members this
year," said ISTAT President Marc Allinson
during his opening address. "Amazing
response. We're going all around the world
with our events." An on-site poll revealed
that 27 percent of the audience was firsttime ISTAT Europe attendees, and 93 percent of the audience responded that they
would attend another ISTAT Europe conference. Overall satisfaction of the event was
high, with 94 percent responding that the
overall conference experience was either
"excellent" or "good."
Allinson also thanked ISTAT Executive
Director Ron Pietrzak for his years of
dedicated service to ISTAT. "He lives and
breathes ISTAT," Allinson said of Pietrzak,
who will retire at the end of the year. Julie
Wichlin was introduced as ISTAT's incoming
executive director.
The potential capacity glut and rising production rates were hot topics
of debate throughout the conference.
Audience response during the economists
panel revealed that 37 percent of the audience believed that the capacity glut will

be realized by 2018. During this highly
attended panel, economists from IATA,
Ascend and Oxford Economics shared their
current outlook and forecasts for the industry. Peter Morris, chief economist, Ascend,
agreed that there was some reason for concern related to twin-aisle aircraft but also
expressed trust in the current production
rates and forecasts. "Manufacturers are not
in the business of shooting themselves in
the foot. ... I just don't see a huge capacity glut coming down the pipeline in which
the machinery is pumping out aircraft even
though the demand isn't there. There's a
lag that's involved in the order book, and
manufacturers can calibrate accordingly,"
he said.
Andrew Matters, senior economist, IATA,
said he is expecting 2015 to be a year of
record profits for the industry, with an
IATA expectation of overall global industry
profitability of $29.3 billion for 2015. He
was careful to note that "It is this sort
of performance that the industry needs
to be generating on a more regular basis.
This needs to become more the norm

ASK THE AUDIENCE
Below are results from audience surveys taken during the presentations at ISTAT Europe. The results provide an interesting look
at the state of the industry and the opinions of the conference attendees regarding important industry topics.
Will a significant rise in interest rates impact
aircraft CMV regardless of age?

Too early to tell
13%

Maybe, it depends on
what fuel is doing
at the time
21%
No
15%

The impact of rising interest rates will be

Yes
64%

Neutral overall
22%

A net positive for
the leasing sector
31%

A net negative for
the leasing sector
34%

16 The official publication of the International Society of Transport Aircraft Trading

When will interest rates start increasing to a level that
will affect financing availability and airline behavior?

2019 or beyond
31%

By the end of 2016
28%

By the end of 2017
41%



Jetrader - Winter 2015

Table of Contents for the Digital Edition of Jetrader - Winter 2015

A Message from the President
Calendar/News
Q&A: John Grant, Senior Analyst, OAG
ISTAT Europe: A High-Flying Success
The ISTAT Quarterback
State of the Regions: Asia & Middle East
Old Guys Rule
ISTAT Foundation Sponsors Herb Kelleher Trophy
Trend Watching
Aviation History
Aircraft Appraisals
ISTAT Foundation
Advertiser.com
Advertiser Index
Jetrader - Winter 2015 - cover1
Jetrader - Winter 2015 - cover2
Jetrader - Winter 2015 - 3
Jetrader - Winter 2015 - 4
Jetrader - Winter 2015 - 5
Jetrader - Winter 2015 - 6
Jetrader - Winter 2015 - A Message from the President
Jetrader - Winter 2015 - 8
Jetrader - Winter 2015 - 9
Jetrader - Winter 2015 - Calendar/News
Jetrader - Winter 2015 - 11
Jetrader - Winter 2015 - Q&A: John Grant, Senior Analyst, OAG
Jetrader - Winter 2015 - 13
Jetrader - Winter 2015 - 14
Jetrader - Winter 2015 - 15
Jetrader - Winter 2015 - ISTAT Europe: A High-Flying Success
Jetrader - Winter 2015 - 17
Jetrader - Winter 2015 - 18
Jetrader - Winter 2015 - 19
Jetrader - Winter 2015 - 20
Jetrader - Winter 2015 - 21
Jetrader - Winter 2015 - 22
Jetrader - Winter 2015 - 23
Jetrader - Winter 2015 - 24
Jetrader - Winter 2015 - 25
Jetrader - Winter 2015 - 26
Jetrader - Winter 2015 - 27
Jetrader - Winter 2015 - The ISTAT Quarterback
Jetrader - Winter 2015 - 29
Jetrader - Winter 2015 - 30
Jetrader - Winter 2015 - 31
Jetrader - Winter 2015 - State of the Regions: Asia & Middle East
Jetrader - Winter 2015 - 33
Jetrader - Winter 2015 - Old Guys Rule
Jetrader - Winter 2015 - 35
Jetrader - Winter 2015 - 36
Jetrader - Winter 2015 - 37
Jetrader - Winter 2015 - ISTAT Foundation Sponsors Herb Kelleher Trophy
Jetrader - Winter 2015 - 39
Jetrader - Winter 2015 - Trend Watching
Jetrader - Winter 2015 - 41
Jetrader - Winter 2015 - Aviation History
Jetrader - Winter 2015 - 43
Jetrader - Winter 2015 - 44
Jetrader - Winter 2015 - Aircraft Appraisals
Jetrader - Winter 2015 - 46
Jetrader - Winter 2015 - ISTAT Foundation
Jetrader - Winter 2015 - 48
Jetrader - Winter 2015 - 49
Jetrader - Winter 2015 - Advertiser Index
Jetrader - Winter 2015 - cover3
Jetrader - Winter 2015 - cover4
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