Jetrader - Summer 2016 - 10

ISTAT
calendar
ISTAT Reception at Farnborough
International Airshow
11 July 2016
JW Marriott Grosvenor House
London, England

ISTAT Chalet at Farnborough
International Airshow
11-17 July 2016
Farnborough, England

ISTAT Europe

25-27 September 2016
Hotel Arts Barcelona
Barcelona, Spain

ISTAT Latin America Forum
9-10 November
Panama Hilton
Panama City, Panama

ISTAT Holiday Receptions
7 December 2016
Dublin
Hong Kong
London
Miami
New York
Tokyo

2017
ISTAT Americas

5-7 March 2017
San Diego Hilton
San Diego, CA, USA

ISTAT EMEA

24-26 September 2017
Edinburgh International
Conference Center
Edinburgh, Scotland

Be sure to visit the
interactive Jetrader on the
Web at www.ISTAT.org.

ISTAT news
ISTAT Remembers Matt McGrath
Former ISTAT member Matt McGrath passed away
13 February, 2016, after an extended illness. Matt was
an employee of commercial aircraft leasing, sales, and
trading company Automatic and its preceding companies.
Matt graduated from the University of Central Florida,
and got his start in the aviation industry with a helicopter
airline in Orlando, Florida and then delved into the commercial leasing aviation
industry in 1995. He worked in the industry for 23 years. Matt is survived by his
brother Patrick McGrath, sister Marianne Kremer and sister Erin McGrath-Begley.
He will be greatly missed by his family, friends and colleagues in our industry.

ISTAT Remembers Colonel Richard
"Dick" Lee Spaulding
Colonel Richard "Dick" Lee Spaulding, USAF (retired),
of Potomac, MD, passed away peacefully on 4 May, 2016,
surrounded by his family. He did tours in Korea in the 49th
Fighter Bomber Group and flew F-84's in combat. After
his Korean tour of duty, he worked in the Secretary of
the Air Force's Public Relations Office in New York City. He retired from active
duty in 1958 and served in the Air Force Reserve until his retirement in 1981.
He was one of the founding members of ISTAT and served as its president
from 1987-1989. After his retirement, he founded Spaulding Aviation, an
independent consulting company dealing in the sales and leasing of aircraft
around the world.
Survivors include his wife of 61 years, Marie, five children, eight wonderful
grandchildren, and five great-grandchildren.
Services will be held at Ft. Myer Chapel, and interment at Arlington National
Cemetery with full military honors at a later date.
In lieu of flowers, memorial contributions can be sent to Montgomery
Hospice, 1335 Piccard Drive, Suite 100, Rockville, MD 20850 or the Air Force
Association, 1501 Lee Highway, Arlington, VA 22209-1198.
Please view and sign family guestbook at: www.pumphreyfuneralhome.com.

Appraiser Exam Results
Ten candidates successfully passed the examinations conducted in February
at ISTAT Americas in February.
Five established appraisers passed the Senior Technical Exam and achieved
senior appraiser status. These were: Bob Cowgill, Bryson Monteleone, Stuart
Rubin, David Tokoph, and Chris Wills.
Five more candidates were advanced to certified appraiser. These were:
Michael Lapson, Frank Meijer, Sarah Smith, Mike Yeomans, and David Yu.
The next opportunity to take the appraiser exams will be in Barcelona in
September, alongside the ISTAT Europe event.

Published by:
5950 NW First Place Gainesville, FL 32607 Phone: +1.352.332.1252 Toll-Free: +1.800.369.6220 Fax: +1.352.332.3331 www.naylor.com
Publisher: Marcus Weston Editor: Cody Smith Project Manager: Mike Ross Sales Manager: Mike Ross Publication Director: Erik Henson Sales Representative: Janet Frank, Bryan Zeig
Marketing: Karim Hussain Layout and Design: Ranjeet Singh
©2016 Naylor, LLC. All rights reserved. The contents of this publication may not be reproduced by any means, in whole or in part, without the prior written consent of the publisher.
For advertising information, contact Erik Henson at ehenson@jetrader.org or +1.800.369.6220 ext. 3443.
All articles submitted for publication in Jetrader are the property of the authors. ISTAT and Jetrader make no claims regarding the accuracy of the facts and figures printed in any of the articles. The responsibility for accurate
research and for securing copyright permission for any information printed in Jetrader is the duty of the author. To contribute to future issues of Jetrader, please email Crystal Ligda at cligda@istat.org.
PUBLISHED JUNE 2016/IST-Q0216/2632
Jetrader is published quarterly by the International Society of Transport Aircraft Trading, 330 N. Wabash Ave., Suite 2000, Chicago, IL 60611. The name Jetrader is held under copyright, as granted by the United States
Patent and Trademark Office, registration no. 3511680.

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


http://www.pumphreyfuneralhome.com http://www.ISTAT.org http://www.naylor.com

Jetrader - Summer 2016

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

A Message from the President
Calendar/News
O&A: Tom Doxey, Allegiant
More Used Parts Take to the Air, Recycled Through the Secondhand Market
Alliances - Made to be Broken
The Balancing Act - Record Profits and Uncertain Futures: Reflections from ISTAT Americas 2016
Growth in ISTAT Asia Continues
Securing the Future: A Profile on ISTAT Foundation Student Andre Fansi
Turkey: Drones Now and in the Future
Avation History
Aircraft Appraisals
ISTAT Foundation
Advertiser.com
Advertiser Index
Jetrader - Summer 2016 - cover1
Jetrader - Summer 2016 - cover2
Jetrader - Summer 2016 - 3
Jetrader - Summer 2016 - 4
Jetrader - Summer 2016 - 5
Jetrader - Summer 2016 - 6
Jetrader - Summer 2016 - A Message from the President
Jetrader - Summer 2016 - 8
Jetrader - Summer 2016 - 9
Jetrader - Summer 2016 - Calendar/News
Jetrader - Summer 2016 - 11
Jetrader - Summer 2016 - O&A: Tom Doxey, Allegiant
Jetrader - Summer 2016 - 13
Jetrader - Summer 2016 - More Used Parts Take to the Air, Recycled Through the Secondhand Market
Jetrader - Summer 2016 - 15
Jetrader - Summer 2016 - 16
Jetrader - Summer 2016 - 17
Jetrader - Summer 2016 - Alliances - Made to be Broken
Jetrader - Summer 2016 - 19
Jetrader - Summer 2016 - The Balancing Act - Record Profits and Uncertain Futures: Reflections from ISTAT Americas 2016
Jetrader - Summer 2016 - 21
Jetrader - Summer 2016 - 22
Jetrader - Summer 2016 - 23
Jetrader - Summer 2016 - 24
Jetrader - Summer 2016 - 25
Jetrader - Summer 2016 - 26
Jetrader - Summer 2016 - Growth in ISTAT Asia Continues
Jetrader - Summer 2016 - 28
Jetrader - Summer 2016 - 29
Jetrader - Summer 2016 - 30
Jetrader - Summer 2016 - 31
Jetrader - Summer 2016 - 32
Jetrader - Summer 2016 - Securing the Future: A Profile on ISTAT Foundation Student Andre Fansi
Jetrader - Summer 2016 - 34
Jetrader - Summer 2016 - 35
Jetrader - Summer 2016 - 36
Jetrader - Summer 2016 - Turkey: Drones Now and in the Future
Jetrader - Summer 2016 - 38
Jetrader - Summer 2016 - 39
Jetrader - Summer 2016 - Avation History
Jetrader - Summer 2016 - 41
Jetrader - Summer 2016 - 42
Jetrader - Summer 2016 - 43
Jetrader - Summer 2016 - 44
Jetrader - Summer 2016 - Aircraft Appraisals
Jetrader - Summer 2016 - 46
Jetrader - Summer 2016 - 47
Jetrader - Summer 2016 - ISTAT Foundation
Jetrader - Summer 2016 - 49
Jetrader - Summer 2016 - 50
Jetrader - Summer 2016 - 51
Jetrader - Summer 2016 - 52
Jetrader - Summer 2016 - Advertiser.com
Jetrader - Summer 2016 - Advertiser Index
Jetrader - Summer 2016 - cover3
Jetrader - Summer 2016 - 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