ISTAT UPdate
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June 29, 2015 In This Issue
News From ISTAT
ISTAT Calendar
Member Updates
Jetrader Magazine
Industry News
Professional Development
Naylor Association Solutions
News From ISTAT
In an effort to enhance ISTAT's networking offerings and increase the overall value of membership, ISTAT provided a private business Chalet for its members at the 2015 International Paris Air Show. The Chalet’s ideal location provided spectacular views of the flying displays and a cool respite for the more than 1,500 guests who visited over six days.

On Monday, 15 June, nearly 1,200 ISTAT members and guests made their way to the Palais Brongniart in Paris’s "Vivienne" district for the ISTAT Reception at International Paris Air Show. The venue provided an elegant and historic backdrop for an evening of networking and celebration.
 
View photos from the Chalet and Reception.
 
To celebrate the closure of the 2015 Paris International Airshow at Le Bourget, ISTAT welcomed 18 children along with their families from the Robert-Debre’ Children’s Hospital to an exclusive experience at the ISTAT Chalet on Sunday, 21 June. Behind-the-scenes arrangements were made to bring in special guests to add even more excitement for the children and their families.

Look for a full report in the Fall edition of Jetrader.
 
ISTAT Europe, the premier not-for-profit industry event for manufacturers, appraisers, financiers, lessors, airline personnel, fleet managers and remarketers, will be held 4-6 October at the Hilton Prague. See why ISTAT Europe is a must-attend event.
 

 
Registration
Registration and housing will open in July. Look for more information as it becomes available in the coming weeks.
 
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Aircraft Demolition, LLC
ISTAT Calendar
4-6 October 2015
Hilton Prague
Prague, Czech Republic
 
9 November 2015
Dubai, United Arab Emirates

12 -13 November 2015
Hilton Panama
Panama City, Panama 
 
ISTAT Holiday Receptions
2 December 2015
Dublin, London, Miami, New York, Singapore and Tokyo
 
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ComAv LLC
Intrepid Aviation
OAG
Jetrader Magazine
 
   
Jetrader caught up with Raymond Sisson, chief executive officer and president, AWAS, to hear his take on the global leasing market and the challenges and opportunities ahead. He also shared insight into the customer service model at AWAS.

Share this article on Twitter. Simply copy and paste the information below.
#Jetrader talks global #aircraft leasing with Raymond Sisson of @AWASnews
http://bit.ly/1fGAAUm
 
Jetrader, ISTAT's official magazine, is circulated to ISTAT members on a quarterly basis. Each issue of Jetrader highlights industry news and case studies and contains feature articles and member spotlights. 

If you are interested in sharing your expertise and contributing to the content of Jetrader, please contact Crystal Ligda at cligda@istat.org
 

21 July is the final deadline to place an ad in the Fall issue of Jetrader magazine: The State of the Regions: Europe. This issue will have significant and important bonus distribution at ISTAT Europe in Prague, Czech Republic, from 4-6 October 2015.

Additional editorial for Fall will include:
  • Cover Story: The Second Life of Aircraft
  • Paris Air Show Review
Jetrader provides direct and targeted access to more than 3,800 C-suite executives, vice presidents, chairmen, partners, principals, presidents, marketing/sales directors and managers within the global aviation community. To participate, request a media brochure and full editorial calendar by clicking here, or by contacting Erik Henson, Jetrader Media Director at +1.352.333.3443 or ehenson@naylor.com
 
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Spire Flight Solutions
PW Power Systems, Inc.
Aeronautical Engineers Inc
Industry News
Reuters
Saudi Arabian Airlines will take delivery of 50 aircraft from Airbus in the largest aviation deal to be secured via Islamic financing, as the European planemaker tries to gain an edge over rival Boeing in the key Gulf aviation market.
 
Financial Times
As the deal-making finished at the Paris air show on Thursday, veterans of the aerospace industry’s biggest trade fair were quipping that this had been the quietest event in years.
 
The International Bureau of Aviation (IBA) has announced a new investor in the business following the retirement of Laurie Hatcher, Founder and Chairman of the Company. The new IBA shareholder, Hockley Investments Limited, will be a long-term partner supporting future growth and development of the business. IBA proudly retains their full independence from all manufacturers, lessors, banks and airlines, ensuring that their specialist consulting services continue to be provided without any conflict of interests.
 
GA Telesis, LLC announced that Jason Reed has been appointed president of their newly rebranded component sales division, GA Telesis Component Solutions Group. Reed joins GA Telesis from Airbus Americas/Satair Group, where he served as vice president and head of operations for all material and logistical program activities in both the North American and Latin American regions.
 
Forbes
On 1 July, Dennis A. Muilenburg, 51, will take over as CEO of $91 billion (revenues) aerospace giant Boeing Co., the company recently announced. An aeronautical engineer, he started at Boeing 30 years ago as an intern. After climbing up the corporate ladder and heading the defense and space businesses, he has served as chief operating officer and president since 2013, and was widely seen as the heir apparent.
 
Reuters
With a missing CEO and company stock suffering a nearly 20 percent fall, Hong Kong-listed China Aircraft Leasing Group is under pressure to reassure investors.
 
USA Today
Qatar Airways was tabbed as the world's best airline in 2015, according to the annual World Airline Awards published by Skytrax.
 
USA Today
Boeing confirmed Wednesday that it would be reducing production of its iconic 747 jumbo jet to one per month starting in March of 2016.
 
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, announced the appointment of Todd Freeman as senior vice president and regional manager for the Middle East, Africa and Russia/CIS effective 1 June. He will be based in Dubai and oversee five regional sales offices that serve more than 50 airline customers and manage over 300 leased aircraft.
 
Precision Aircraft Solutions has been contracted to begin a 757 passenger-to-freighter conversion for San Francisco-based Vx Capital Partners. The privately owned leasing company, which specializes in commercial aircraft and engines, tapped Precision earlier this month to assist with capitalizing on the thriving market.
 
Aeronautical Engineers, Inc. is pleased to announce that GE Capital Aviation Services will be the launch customer for the AEI B737-800SF program. GECAS plans to convert up to 20 of its Boeing 737-800NG passenger aircraft to freighters.
 
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Professional Development
Harvard Business Review
As organizations run leaner and flatter, your ability to move up can stall much earlier in your career because, simply put, there’s no place to go. This is true whether you work for a corporation, nonprofit, or public agency. So what should you do when you reach that plateau and you’re only midway through your career? There are at least four proven approaches, all of which require that you ask what energizes you and what saps your motivation.
 
Fast Company
It’s a stereotype that men would rather be lost than stop and get directions, but it turns out asking for help carries a psychological penalty for guys. A study from researchers at Duke University, the University of San Diego, and the University of Pittsburgh found that male leaders who ask for help are perceived as being less competent. When female leaders solicit help, however, the negative image didn’t apply. Whether you’re male or female, the question shouldn’t be if you should ask for help. It should be, how do you ask for help?
 
Forbes
The consequences of selecting the wrong targets are enormous. There are many examples from corporate history. As Montgomery Ward and Sears declined, for example, Walmart ascended to prominence because of their goal to serve smaller, rural markets and enlightened strategy about how to manage supply chains.
 
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