Jetrader -May/June 2013 - 30

ISTAT foundation
Todd Freeman,
Chairman
ISTAT Foundation
I am very pleased and honored to assume
the position of ISTAT Foundation chair
and I look forward to working with ISTAT
members around the world to continue the
good work of the ISTAT Foundation. First
and foremost, I want to thank outgoing
Foundation Chair Warren Willits for all his
contributions. His dedication and commitment to the foundation are evident to all
who know him. As vice chairman, he will
be a great resource and will help ensure
continuity for the foundation.
I would also like to thank our outgoing foundation trustees for their service:
Dean Gerber, Tom Heimsoth, Vito La Forgia,
Ken Perich, David Sutton and John Vitale.
They have been generous with their time
and have made many meaningful contributions to the foundation. Our new board
members bring increased diversity to
the ISTAT Foundation leadership. We are
delighted to welcome Damon D’Agostino,
Mark Dunnachie, Mary Ellen Jones, Mike
Platt, Murrae Ross-Eskell and Rod Sheridan.
We look forward to their contributions
during their two-year terms.
The ISTAT Americas 2013 gathering
was outstanding in many respects, as is
highlighted in this edition of Jetrader. If

you attended, I hope you were able to
hear Warren’s foundation update and meet
some of the impressive ISTAT scholars.
Several former scholarship winners, now
employed in our industry, were also in
attendance. These successful scholars are a
clear testament to the development pipeline
that the foundation has created for these
young leaders.
The foundation continues its focus
on scholarships, grants, internships and
support for humanitarian activities. More
recently, under Warren’s leadership, the
foundation has been exploring a new
education and development initiative called
ISTAT University. We’ll provide more information on this exciting new focus area as
the new plan takes shape over the next
few months.
The success of all of these foundation initiatives relies on funding. We are
grateful for the $335,000 giant check we
received from ISTAT at the gala dinner
event. But that is only a portion of our
funding. We are also grateful for the support of our Foundation Roundtable sponsors: Apollo Aviation Group, Rolls-Royce,
FedEx, Bristol Associates, Inc., Aircastle,
Royal Aero GmbH, ATR Marketing, Inc.,
GECAS and GE Aviation, Embraer, Steven
Udvar-Hazy, Vedder Price P.C., DVB Bank SE,
Jetscape Inc., Katten Muchin Rosenman LLP,
Bombardier Aerospace, Airbus, Guggenheim
Aviation Partners, Ltd., VX Capital Partners,
CIT Aerospace, AWAS and The Batchelor
Foundation. Our golf sponsors included

AerCap, AVITAS, Inc., RESIDCO, AeroDirect,
Inc., AerSale, Jet Midwest, Infinity Aviation
Capital, LLC, Marana Aerospace Solutions,
FedEx Aviation Services, Q Aviation, GA
Telesis, Asset Finance Legal Counsel and
Avmax Aircraft Leasing Inc. I should also
thank Rolls-Royce for their silent auction
yacht donation. We were able to raise
$17,500 for the ISTAT Foundation from that
donation alone. A final thank you goes out
to Jet Trading and Leasing for sponsoring
the 6th Annual Poker Tournament, which
raised more than $10,000. All of these
donations are critical inputs to help us
meet our goals.
I’m excited to begin my term as chairman and will put my experience in the
industry to good use for the benefit of
the foundation. By way of introduction, I
have been with GECAS sales and marketing for more than 20 years, about half of
which was spent in Europe and Asia. Our
business has given me the opportunity to
travel to more than 70 countries, and I
greatly value that global perspective and
experience. ISTAT has very strong roots in
our most developed aviation markets, but
the signs of increased globalization are all
around us. Our membership is increasingly
global, and I believe the foundation must
strive to reflect this global diversity and
to serve its members effectively around
the world. Please don’t hesitate to share
your views with me or any of the foundation trustees—we welcome and value your
input.

advertiser.com/advertiser index
advertiser
advertiser
AERO ENGINEERING
CTS Engines ........................................................ 29
www.ctsengines.com

AIRCRAFT TRANSITIONAL SERVICES
Jet Test & Transport LLC .............Inside Front Cover
www.jettestandtransport.com

GROUND EQUIPMENT
DAE Industries..................................................... 18
www.daeind.com

AIRCRAFT ENGINES
CFM International, Inc. .......................................... 9
www.cfmaeroengines.com
Pratt & Whitney .........................Outside Back Cover
www.pw.utc.com/dependableservices

AIRFRAME PARTS SALES
Reliance Aircraft International, Inc. ..................... 26
www.relianceaircraft.com

LINE MAINTENANCE
DeVos Borescope Blending, LLC ......................... 29
www.borescope-blending.com

APPRAISERS
IBA Group, Ltd. .................................................... 23
www.ibagroup.com

POWER PLANTS
DeVos Borescope Blending, LLC ......................... 29
www.borescope-blending.com
Tradewinds Engine Services, Inc. ........................ 26
www.tesllc.aero

AIRCRAFT FINANCING
AWAS .................................................................... 3
www.awas.com
Clifford Chance LLP .................... Inside Back Cover
www.cliffordchance.com

ASSET MANAGEMENT
AVITAS ................................................................ 29
www.avitas.com

AIRCRAFT STORAGE
Asia Pacific Aircraft Storage PTY LTD ................... 4
www.apas.com.au

ENGINE & MAINTENANCE STANDS
DAE Industries..................................................... 18
www.daeind.com

AIRCRAFT TRADING & LEASING
AWAS .................................................................... 3
www.awas.com

FINANCE - LEASING - SALES
AWAS .................................................................... 3
www.awas.com

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

RECOVERY/SALVAGE
Sycamore Aviation Ltd .......................................... 6
www.sycamoreaviation.co.uk
STORAGE
Sycamore Aviation Ltd .......................................... 6
www.sycamoreaviation.co.uk
TOOLING
DAE Industries..................................................... 18
www.daeind.com


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Jetrader -May/June 2013

Table of Contents for the Digital Edition of Jetrader -May/June 2013

A Message from the President
ISTAT Calendar/News
Despite Challenges in United States and Abroad, Optimism Abounds at ISTAT Americas 2013
Defining Airplane Economic Life
The Future of Freighters
Trends in Aircraft Values
Aircraft Appraisals
ISTAT Foundation
Advertiser.com/Advertiser Index
Jetrader -May/June 2013 - cover1
Jetrader -May/June 2013 - cover2
Jetrader -May/June 2013 - 3
Jetrader -May/June 2013 - 4
Jetrader -May/June 2013 - A Message from the President
Jetrader -May/June 2013 - 6
Jetrader -May/June 2013 - 7
Jetrader -May/June 2013 - ISTAT Calendar/News
Jetrader -May/June 2013 - 9
Jetrader -May/June 2013 - Despite Challenges in United States and Abroad, Optimism Abounds at ISTAT Americas 2013
Jetrader -May/June 2013 - 11
Jetrader -May/June 2013 - 12
Jetrader -May/June 2013 - 13
Jetrader -May/June 2013 - 14
Jetrader -May/June 2013 - 15
Jetrader -May/June 2013 - 16
Jetrader -May/June 2013 - 17
Jetrader -May/June 2013 - 18
Jetrader -May/June 2013 - 19
Jetrader -May/June 2013 - 20
Jetrader -May/June 2013 - Defining Airplane Economic Life
Jetrader -May/June 2013 - 22
Jetrader -May/June 2013 - 23
Jetrader -May/June 2013 - The Future of Freighters
Jetrader -May/June 2013 - Trends in Aircraft Values
Jetrader -May/June 2013 - 26
Jetrader -May/June 2013 - Aircraft Appraisals
Jetrader -May/June 2013 - 28
Jetrader -May/June 2013 - 29
Jetrader -May/June 2013 - Advertiser.com/Advertiser Index
Jetrader -May/June 2013 - cover3
Jetrader -May/June 2013 - cover4
https://www.nxtbook.com/naylor/ISTS/ISTQ0418
https://www.nxtbook.com/naylor/ISTS/ISTQ0318
https://www.nxtbook.com/naylor/ISTS/ISTQ0218
https://www.nxtbook.com/naylor/ISTS/ISTQ0118
https://www.nxtbook.com/naylor/ISTS/ISTQ0417
https://www.nxtbook.com/naylor/ISTS/ISTQ0317
https://www.nxtbook.com/naylor/ISTS/ISTQ0217
https://www.nxtbook.com/naylor/ISTS/ISTQ0117
https://www.nxtbook.com/naylor/ISTS/ISTQ0416
https://www.nxtbook.com/naylor/ISTS/ISTQ0316
https://www.nxtbook.com/naylor/ISTS/ISTQ0216
https://www.nxtbook.com/naylor/ISTS/ISTQ0116
https://www.nxtbook.com/naylor/ISTS/ISTQ0415
https://www.nxtbook.com/naylor/ISTS/ISTQ0315
https://www.nxtbook.com/naylor/ISTS/ISTQ0215
https://www.nxtbook.com/naylor/ISTS/ISTQ0115
https://www.nxtbook.com/naylor/ISTS/ISTQ0414
https://www.nxtbook.com/naylor/ISTS/ISTQ0314
https://www.nxtbook.com/naylor/ISTS/ISTQ0214
https://www.nxtbook.com/naylor/ISTS/ISTQ0114
https://www.nxtbook.com/naylor/ISTS/ISTS0613
https://www.nxtbook.com/naylor/ISTS/ISTS0513
https://www.nxtbook.com/naylor/ISTS/ISTS0413
https://www.nxtbook.com/naylor/ISTS/ISTS0313
https://www.nxtbook.com/naylor/ISTS/ISTS0213
https://www.nxtbookmedia.com