ISTAT Jetrader - Summer 2021 - 6

Jetrader
Jetrader is published for:
®
Jetrader Editorial Board
Peter Negline, Chair
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.
Head of Strategy and Market Research,
BOC Aviation Limited
Dean Gerber
ISTAT President, Executive Vice President and
General Counsel, Valkyrie BTO Aviation
Thomas Heimsoth
President, Willow Aviation Services LLC
Douglas W. Runte, CFA
International Society of Transport Aircraft Trading
330 N. Wabash Ave., Suite 200
Chicago, IL 60611 USA
Tel: +1.312.321.5169
Fax: +1.312.673.6579
www.istat.org
Email: istat@istat.org
ISTAT Board of Directors
OFFICERS
Dean Gerber
President
Mary Prettyman
Vice President
Marilyn Gan
Secretary
Gerry Laderman
Treasurer
Gerry Butler
Immediate Past President
DIRECTORS
Sarah Aoun
Julian Balaam
Peter Blakeney
Adrian Dharsan
Paul Geaney
Peter Huijbers
Mamoun Kuzbari
Bryson Monteleone
Peter Negline
Daniel J. Pietrzak
Adam Pilarski
Mylène Scholnick
Ye Tian (Joe)
Michael Warner
ISTAT APPRAISERS
PROGRAM BOARD OF
GOVERNORS AND STAFF
Bryson Monteleone*
Chair
Olga Razzhivina*
Vice Chair
Stuart Rubin*
Secretary
David Berkowitz
Dick Forsberg
Kara Levine*
Martin O'Hanrahan*
Mark Pearman-Wright
Betsy Snyder
Mark Streeter
Jeff Straebler
Executive Director
*ISTAT Certified Senior Appraiser
ISTAT FOUNDATION
BOARD OF TRUSTEES
Peter Huijbers
Chair
Jep Thornton
Vice Chair
Dean Gerber
ISTAT President
Gerry Butler
Immediate Past
ISTAT President
Gerry Laderman
Treasurer
TRUSTEES
Kristen Chmielewski
Bruce Dankberg
Sigthor Einarsson
Richard Goodhead
Joey Johnsen
Andrew La Stella
Murrae Ross-Eskell
Christine Rovelli
Betsy Snyder
Jean B. Stein
Mark Streeter
Richard Wall
Eddo Weijer
6 * THE OF F I C I AL PUBL I CAT I ON OF ISTAT
PAST PRESIDENTS
George Dutton
1983 - 1985
Ronald K. Anderson
1985 - 1987
Richard L. Spaulding
1987 - 1989
Anders Folkedal
1989 - 1991
Stephen J. Fortune
1991 - 1993
A. Oakley Brooks
1993 - 1995
Johannes Einarsson
1995 - 1997
Allen M. Oliver
1997 - 1999
James E. McMillen
1999 - 2001
Bill Cumberlidge
2001 - 2003
Michael A. Metcalf
2003 - 2005
Thomas W. Heimsoth
2005 - 2007
Michael Platt
2007 - 2009
John Vitale
2009 - 2011
Joseph Ozimek
2011 - 2013
Jep Thornton
2013 - 2015
Marc S. Allinson
2015 - 2017
Douglas W. Runte
2017 - 2019
Gerry Butler
2019 - 2021
Editorial Director: Jason Meyers
Managing Editor: Alexa Schlosser
Advertising Director: Elizabeth Barrett
Account Coordinator: Ian Allen
Art Director: Steve Biernacki
©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
Elizabeth Barrett at ebarrett@istat.org.
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 Alexa Schlosser
at aschlosser@istat.org.
PUBLISHED
June 2021/IST-Q0418/6364
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.
Managing Director and Head of Aviation
Research, Deutsche Bank
David Swan
Chief Operating Officer, SMBC Aviation Capital
Bert van Leeuwen
Managing Director, MUFG Bank (Europe) N.V.
Jeff Straebler
Executive Director, ISTAT Appraisers Program
Guilherme Lopes
Executive Director, ISTAT
Crystal Ligda
Marketing Senior Manager, ISTAT
Alexa Schlosser
Managing Editor, ISTAT
The opinions expressed in this publication
represent those of the authors and may not
necessarily reflect the opinions, official policy
or positions of ISTAT.
http://www.istat.org

ISTAT Jetrader - Summer 2021

Table of Contents for the Digital Edition of ISTAT Jetrader - Summer 2021

ISTAT Jetrader - Summer 2021
From the President
ISTAT News & Events
Perspectives: Q&A With Dean Gerber
Reunited in the Magic City
Understanding Lease-Encumbered Values
ISTAT Foundation: Supporting UN Humanitarian Air Service Efforts
Appraisal: 737 MAX 8 and DHC-8-400
At a Glance: Dezhi Zhu
From the Vault: ISTAT Latin America Forum 2017-2019
Advertiser Index
ISTAT Jetrader - Summer 2021 - Intro
ISTAT Jetrader - Summer 2021 - ISTAT Jetrader - Summer 2021
ISTAT Jetrader - Summer 2021 - Cover2
ISTAT Jetrader - Summer 2021 - 1
ISTAT Jetrader - Summer 2021 - From the President
ISTAT Jetrader - Summer 2021 - 3
ISTAT Jetrader - Summer 2021 - 4
ISTAT Jetrader - Summer 2021 - 5
ISTAT Jetrader - Summer 2021 - 6
ISTAT Jetrader - Summer 2021 - 7
ISTAT Jetrader - Summer 2021 - ISTAT News & Events
ISTAT Jetrader - Summer 2021 - 9
ISTAT Jetrader - Summer 2021 - Perspectives: Q&A With Dean Gerber
ISTAT Jetrader - Summer 2021 - 11
ISTAT Jetrader - Summer 2021 - 12
ISTAT Jetrader - Summer 2021 - 13
ISTAT Jetrader - Summer 2021 - Reunited in the Magic City
ISTAT Jetrader - Summer 2021 - 15
ISTAT Jetrader - Summer 2021 - 16
ISTAT Jetrader - Summer 2021 - 17
ISTAT Jetrader - Summer 2021 - 18
ISTAT Jetrader - Summer 2021 - 19
ISTAT Jetrader - Summer 2021 - 20
ISTAT Jetrader - Summer 2021 - 21
ISTAT Jetrader - Summer 2021 - Understanding Lease-Encumbered Values
ISTAT Jetrader - Summer 2021 - 23
ISTAT Jetrader - Summer 2021 - 24
ISTAT Jetrader - Summer 2021 - 25
ISTAT Jetrader - Summer 2021 - ISTAT Foundation: Supporting UN Humanitarian Air Service Efforts
ISTAT Jetrader - Summer 2021 - 27
ISTAT Jetrader - Summer 2021 - Appraisal: 737 MAX 8 and DHC-8-400
ISTAT Jetrader - Summer 2021 - 29
ISTAT Jetrader - Summer 2021 - 30
ISTAT Jetrader - Summer 2021 - 31
ISTAT Jetrader - Summer 2021 - At a Glance: Dezhi Zhu
ISTAT Jetrader - Summer 2021 - 33
ISTAT Jetrader - Summer 2021 - From the Vault: ISTAT Latin America Forum 2017-2019
ISTAT Jetrader - Summer 2021 - 35
ISTAT Jetrader - Summer 2021 - Advertiser Index
ISTAT Jetrader - Summer 2021 - Cover3
ISTAT Jetrader - Summer 2021 - Cover4
https://www.nxtbookmedia.com