JULY/AUGUST 2008 CONTENTS FEATURES 10 8 8 14 18 22 24 Q+A: Ron K. Anderson A conversation with Intrepid Aviation’s pioneering founder Challenges Facing the Very Light Jet By Kenneth McNamara and Donald Schenk, ACA Associates, Inc. An Up Close and Personal Analysis of Indian Aviation By Kristen Chmielewski, a volunteer intern with MiD DAY newspaper in Bangalore, Karnataka Inflation and the Upside Case for Aircraft Investors By Steven T. Gaal, Managing Director & COO, SkyWorks Capital, LLC 22 14 Aircraft Charts 18 IN EVERY ISSUE 3 7 25 27 28 A Message from the President Calendar/News Aircraft Appraisals From the ISTAT Foundation Aviation History 28 Jetrader 5