Jetrader - Winter 2017 - 5

®
ISTAT is committed to providing its members with the
highest quality and best-value networking and education
opportunities in commercial aviation, administering the
industry's leading appraiser program, and investing
in the future through the ISTAT Foundation.
Jetrader is published for:
International Society of Transport Aircraft Trading
330 North Wabash Avenue, Suite 2000
Chicago, Illinois 60611 USA
Tel: +1.312.321.5169
Fax: +1.312.673.6579
www.istat.org
Email: istat@istat.org

ISTAT BOARD OF DIRECTORS
OFFICERS
Douglas W. Runte, CFA
Marc S. Allinson
Dick Forsberg
David Sutton
Dean Gerber

President
Immediate Past President
Vice President
Secretary
Treasurer

DIRECTORS
Gerry Butler
Marilyn Gan
James Meyler
Mary Prettyman
Jep Thornton (ex-officio)
John W. Vitale
Michael Weiss

Anthony Diaz
Gerry Laderman
Daniel J. Pietrzak
Phil Seymour (ex-officio)
Steven Townend
Richard Owen Walker
Kostya Zolotusky

ISTAT INTERNATIONAL APPRAISERS' PROGRAM
BOARD OF GOVERNORS
Chairman/Senior Appraiser
Phil Seymour
Andy Carlisle
Rikard de Jounge
Jeff Lewis*
Bryson Monteleone
Ken Price*
Betsy Snyder*
Jeff Straebler*
Mark Streeter*
John Trevett
Appraiser Fellow, Administrative
Director, ISTAT International
Appraisers' Program
*These individuals are not certified appraisers.
ISTAT FOUNDATION BOARD OF TRUSTEES
Jep Thornton
Chairman
Damon J. D'Agostino
Vice Chairman
Douglas R. Runte, CFA ISTAT President
Marc S. Allinson
Immediate Past ISTAT President
Dean Gerber
Treasurer
TRUSTEES
Robert Agnew
Kristen Chmielewski
Mohamed El-Borai
Mary Ellen S. Jones
Murrae Ross-Eskell
Betsy Snyder
Eddo Weijer

Julian Balaam
Sigthor Einarsson
Peter Huijbers
Andrew La Stella
Rod J. Sheridan
David Swan

from
the
president
Dear fellow ISTAT members,
It has been an exciting and productive
year for ISTAT. In 2017, we reached record
attendance at each of our ISTAT conferences
and, as I write this, are on track for record
attendance at our ISTAT Latin America
Forum and our global holiday receptions. In
addition, membership has achieved record
levels, with ISTAT now counting nearly 5,000
members around the globe, up 10 percent
in the last year. Our membership growth in
2017 was particularly strong in both Europe
and Asia, as we continue to emphasize the
global reach of the organization.
ISTAT EMEA in Edinburgh was a watershed
event for ISTAT - it was our first time moving into a large city-center convention center and attendance skyrocketed to a record
1,700 attendees. For perspective, at our
previous ISTAT conference in Scotland -
Douglas W. Runte, CFA
ISTAT President
Gleneagles in 2004 - a scant 200 people
attended. Many thanks to our ISTAT EMEA
Conference Committee and to our ISTAT staff for their hard work and also to our
many sponsors for their support.
Also of note, ISTAT EMEA saw the first application of the "members between
jobs program," which offers complimentary conference admission to longstanding
members currently without employment. Feedback from the program participants
has been exceptionally positive. If you or someone you know are interested in
this program, please contact executivedirector@istat.org.
The continued growth in ISTAT membership and event attendance is a function, I believe, of ISTAT's following through on the principles summarized in
our new mission statement: "providing...members with the highest quality and
best-value networking and education opportunities in commercial aviation,
administering the industry's leading appraiser program, and investing in the
future through the ISTAT Foundation." While our mission statement is new, the
core principals it expresses have underpinned the organization since its founding nearly 35 years ago.
We are proud of the success of our organization, but we will never rest on our
laurels. Complacency leads to obsolescence and eventually irrelevance (anyone
remember where the industry used to gather each February in Europe?) and
ISTAT's goal is always for continuous improvement. As such, we look forward to
our hardworking ISTAT Americas Committee and ISTAT staff delivering an even
better member experience at ISTAT Americas in March 2018.
As always, we eagerly solicit suggestions and comments from members. Please
don't hesitate to reach out to me at president@istat.org. See you in San Diego!
Regards,

INTERNATIONAL SOCIETY OF
TRANSPORT AIRCRAFT TRADING STAFF
Julie Wichlin
Executive Director
Cynthia Cortis
Conference Director
Crystal Ligda
Marketing Manager
Operations Coordinator
Tia Crowley
Jetrader * Winter 2017 5


http://www.istat.org

Jetrader - Winter 2017

Table of Contents for the Digital Edition of Jetrader - Winter 2017

A Message from the President
Calendar/News
Q&A: József Váradi, CEO, Wizz Air
Looking Up
On the Horizon: ISTAT’s 2018 Events
Announcing: ISTAT Aviation Insights
Test in the West
Q&A: David Swan, COO, SMBC Aviation Capital
ISTAT Value Definitions
Witchcraft vs. Voodoo Power
From the ISTAT Photo Archives
Aviation History
Aircraft Appraisals
ISTAT Foundation
Advertiser Index
Advertiser.com
Jetrader - Winter 2017 - Intro
Jetrader - Winter 2017 - cover1
Jetrader - Winter 2017 - cover2
Jetrader - Winter 2017 - 3
Jetrader - Winter 2017 - 4
Jetrader - Winter 2017 - A Message from the President
Jetrader - Winter 2017 - 6
Jetrader - Winter 2017 - 7
Jetrader - Winter 2017 - Calendar/News
Jetrader - Winter 2017 - 9
Jetrader - Winter 2017 - Q&A: József Váradi, CEO, Wizz Air
Jetrader - Winter 2017 - 11
Jetrader - Winter 2017 - 12
Jetrader - Winter 2017 - 13
Jetrader - Winter 2017 - Looking Up
Jetrader - Winter 2017 - 15
Jetrader - Winter 2017 - 16
Jetrader - Winter 2017 - 17
Jetrader - Winter 2017 - 18
Jetrader - Winter 2017 - 19
Jetrader - Winter 2017 - 20
Jetrader - Winter 2017 - 21
Jetrader - Winter 2017 - 22
Jetrader - Winter 2017 - 23
Jetrader - Winter 2017 - 24
Jetrader - Winter 2017 - On the Horizon: ISTAT’s 2018 Events
Jetrader - Winter 2017 - 26
Jetrader - Winter 2017 - 27
Jetrader - Winter 2017 - Announcing: ISTAT Aviation Insights
Jetrader - Winter 2017 - 29
Jetrader - Winter 2017 - 30
Jetrader - Winter 2017 - 31
Jetrader - Winter 2017 - Test in the West
Jetrader - Winter 2017 - 33
Jetrader - Winter 2017 - 34
Jetrader - Winter 2017 - 35
Jetrader - Winter 2017 - Q&A: David Swan, COO, SMBC Aviation Capital
Jetrader - Winter 2017 - 37
Jetrader - Winter 2017 - 38
Jetrader - Winter 2017 - 39
Jetrader - Winter 2017 - ISTAT Value Definitions
Jetrader - Winter 2017 - 41
Jetrader - Winter 2017 - 42
Jetrader - Winter 2017 - 43
Jetrader - Winter 2017 - Witchcraft vs. Voodoo Power
Jetrader - Winter 2017 - 45
Jetrader - Winter 2017 - 46
Jetrader - Winter 2017 - From the ISTAT Photo Archives
Jetrader - Winter 2017 - Aviation History
Jetrader - Winter 2017 - 49
Jetrader - Winter 2017 - 50
Jetrader - Winter 2017 - Aircraft Appraisals
Jetrader - Winter 2017 - 52
Jetrader - Winter 2017 - 53
Jetrader - Winter 2017 - 54
Jetrader - Winter 2017 - ISTAT Foundation
Jetrader - Winter 2017 - 56
Jetrader - Winter 2017 - Advertiser Index
Jetrader - Winter 2017 - Advertiser.com
Jetrader - Winter 2017 - cover3
Jetrader - Winter 2017 - cover4
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