Jetrader - Summer 2018 - 10

ISTAT
calendar
2018
ISTAT at the Farnborough
International Airshow

Chalet: 16-22 July
Reception: 16 July
Grosvenor House, A JW Marriott Hotel
London, England

ISTAT EMEA

23-25 September
Hilton Prague
Prague, Czech Republic

ISTAT Latin America Forum
14-15 November
JW Marriott Hotel Lima
Lima, Peru

ISTAT news
ISTAT Board of Directors Update
During proceedings at ISTAT Americas, two new members were added to
the board. ISTAT is pleased to welcome to the ISTAT Board of Directors:
Peter Blakeney, vice president aircraft trading, Apollo Aviation Management
Limited; and (Joe) Ye Tian, managing director - head of aviation, Ping
An International Financial Leasing Company, Limited. Each will serve
four-year terms.
Additionally, ISTAT would like to extend a heartfelt thank you to the following outgoing directors for their years of service to the board: Anthony
Diaz, operating partner, Virgo Investment Group; and Phil Seymour, president
and CEO, IBA Group Limited.
Thank you, as well, to every ISTAT member who ran for an open
board position.

ISTAT Foundation 2017 Annual Report Video

ISTAT Holiday Receptions

5 December
Dublin, London, Los Angeles,
Miami, New York, Tokyo

2019
ISTAT Americas

10-12 March
JW Marriott Orlando Grande Lakes
Orlando, FL, USA

ISTAT Asia

7-9 May
Grand Hyatt Shanghai
Shanghai, China

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

In 2017, the ISTAT Foundation continued its mission to promote the
advancement of commercial aviation and humanitarianism. Funding for
programs is provided by annual grants from ISTAT and contributions
from individuals and companies. And last year, the ISTAT Foundation
further  advanced its mission by awarding $378,051 in scholarships to
support 65 students in pursuit of aviation-related degrees representing
23 countries.
For a look at the Foundation's 2017 activities, as well as a glimpse at its
future plans, be sure to visit ISTAT's YouTube page for the annual report
video, as well as a host of other content.

Publisher: John Bacon Editor: Carter Davis Sales Manager: Mike Ross Publication Director: Erik Henson Project Support Specialist: Hope Swindler
Sales Representatives: Bryan Zeig, Matthew Yates Marketing: Matthew Brooks Layout and Design: Gufran Khan
©Jetrader. 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 2018/IST-Q0218/9990
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.ISTAT.org

Jetrader - Summer 2018

Table of Contents for the Digital Edition of Jetrader - Summer 2018

A Message from the President: Douglas W. Runte, CFA
Calendar/News
Q&A: Fred Cromer, President, Bombardier Commercial Aircraft
Freighter Market — New Paradigm or Irrational Exuberance?
Sunny Skies and A Bright Future
Upward Momentum
Aviation Insights Q&A: Peter Chang, President and CEO, CDB Aviation
ISTAT Appraisers’ Program Update — What’s on the Horizon for the IAP?
ISTAT Always Welcomes the Media
From the ISTAT Photo Archives: ISTAT Asia Over the Years
Aviation History: The Boeing B-47 Stratojet – Grandfather of the 707
Aircraft Appraisals: Airbus A330-200/Boeing 777-300ER
From the ISTAT Foundation: A Day in the Life: Supporting Airdrops in South Sudan
Advertiser Index
Advertiser.com
Jetrader - Summer 2018 - intro
Jetrader - Summer 2018 - cover1
Jetrader - Summer 2018 - cover2
Jetrader - Summer 2018 - 3
Jetrader - Summer 2018 - 4
Jetrader - Summer 2018 - A Message from the President: Douglas W. Runte, CFA
Jetrader - Summer 2018 - 6
Jetrader - Summer 2018 - 7
Jetrader - Summer 2018 - 8
Jetrader - Summer 2018 - 9
Jetrader - Summer 2018 - Calendar/News
Jetrader - Summer 2018 - 11
Jetrader - Summer 2018 - Q&A: Fred Cromer, President, Bombardier Commercial Aircraft
Jetrader - Summer 2018 - 13
Jetrader - Summer 2018 - 14
Jetrader - Summer 2018 - 15
Jetrader - Summer 2018 - 16
Jetrader - Summer 2018 - 17
Jetrader - Summer 2018 - Freighter Market — New Paradigm or Irrational Exuberance?
Jetrader - Summer 2018 - 19
Jetrader - Summer 2018 - 20
Jetrader - Summer 2018 - 21
Jetrader - Summer 2018 - 22
Jetrader - Summer 2018 - 23
Jetrader - Summer 2018 - 24
Jetrader - Summer 2018 - 25
Jetrader - Summer 2018 - Sunny Skies and A Bright Future
Jetrader - Summer 2018 - 27
Jetrader - Summer 2018 - 28
Jetrader - Summer 2018 - 29
Jetrader - Summer 2018 - 30
Jetrader - Summer 2018 - 31
Jetrader - Summer 2018 - 32
Jetrader - Summer 2018 - 33
Jetrader - Summer 2018 - Upward Momentum
Jetrader - Summer 2018 - 35
Jetrader - Summer 2018 - 36
Jetrader - Summer 2018 - 37
Jetrader - Summer 2018 - 38
Jetrader - Summer 2018 - 39
Jetrader - Summer 2018 - Aviation Insights Q&A: Peter Chang, President and CEO, CDB Aviation
Jetrader - Summer 2018 - 41
Jetrader - Summer 2018 - 42
Jetrader - Summer 2018 - 43
Jetrader - Summer 2018 - ISTAT Appraisers’ Program Update — What’s on the Horizon for the IAP?
Jetrader - Summer 2018 - 45
Jetrader - Summer 2018 - ISTAT Always Welcomes the Media
Jetrader - Summer 2018 - From the ISTAT Photo Archives: ISTAT Asia Over the Years
Jetrader - Summer 2018 - Aviation History: The Boeing B-47 Stratojet – Grandfather of the 707
Jetrader - Summer 2018 - 49
Jetrader - Summer 2018 - 50
Jetrader - Summer 2018 - 51
Jetrader - Summer 2018 - 52
Jetrader - Summer 2018 - Aircraft Appraisals: Airbus A330-200/Boeing 777-300ER
Jetrader - Summer 2018 - 54
Jetrader - Summer 2018 - From the ISTAT Foundation: A Day in the Life: Supporting Airdrops in South Sudan
Jetrader - Summer 2018 - 56
Jetrader - Summer 2018 - Advertiser Index
Jetrader - Summer 2018 - Advertiser.com
Jetrader - Summer 2018 - cover3
Jetrader - Summer 2018 - cover4
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