® JULY/AUGUST 2010 CONTENTS FEATURES 11 18 11 13 15 18 20 23 Q&A: James Rigney Chief Financial Officer, Etihad Funding Fundamentals Defining the basics of asset-based financing Appraisal Methodology 101 Commonalities, differences both part of the equation Icelandair faces Eyjafjallajökull Interview with Sigthor Einarsson, Deputy CEO, Icelandair Group Legal Issues Clouded by Ash Owners, operators and financiers should be aware of possibilities of long-term damage to aircraft The Changing Landscape of Aircraft Financing Primary sources of financing capital are undergoing a generation change 24 IN EVERY ISSUE 5 Jetrader wants YOU to be a part of the magazine. To contribute, send your ideas for editorial topics to Ron Pietrzak at rpietrzak@istat.org. A Message from the President Calendar/News Aircraft Appraisals 9 21 24 26 26 Aviation History From the ISTAT Foundation Advertiser.com/ Advertiser Index Jetrader 7