® SEPTEMBER/OCTOBER 2011 CONTENTS 24 FEATURES 9 38 11 18 24 33 34 38 43 45 47 5 9 49 Q&A: Henri Courpron Interview with the CEO of International Lease Finance Corporation State of the Regions: Europe European carriers slower to rebound from crisis Paris Air Show Review A320neo rules the order book at 2011 Paris Air Show Thank You Sponsors ISTAT thanks the sponsors for their support of ISTAT Europe 2011 All About Growth Latest Boeing outlook pegs $4 trillion aviation market Predictive Maintenance in Aging Aircraft Systems Part 1 of 2: The challenge of avionics Have Faith Understanding insurer’s responsibilities under “bad faith” statutes Parts on Demand European parts market shows classical recovery pattern Culture of Accountability Sharpening your competitive edge to develop loyal customers IN EVERY ISSUE 43 A Message from the President Calendar/News Aircraft Appraisals 53 54 57 From the ISTAT Foundation Aviation History Advertiser.com/Advertiser Index Jetrader wants YOU to be a part of the magazine. To contribute, send your ideas for editorial topics to Marcia Daudelin at mdaudelin@istat.org. Jetrader Editorial Board Thomas Heimsoth, Chair Bill Bath Sigthor Einarsson Douglas Runte Marco Sterk Bert van Leeuwen Joe Ozimek Jetrader 7