ISTAT UPdate
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15 February 2018 In This Issue
News From ISTAT
ISTAT Calendar
Member Updates
Foundation Happenings
ISTAT Appraisers' Program
Jetrader Magazine
Industry News
Bombardier Aerospace
News From ISTAT
Final preparations are being made for ISTAT Americas, and if you haven't registered yet, we hope you will join us 4-6 March 2018 at the San Diego Marriott Marquis in San Diego, CA, USA. The event features keynote presentations and panel discussions with industry leaders, in addition to networking events designed to provide opportunities to grow business and forge new relationships. Plan to join us at the President's Gala Dinner as we recognize the 2018 ISTAT Award Winner.

Register now and click here for an updated schedule of events.

 
Registration is open for ISTAT Asia, to be held in Singapore, Tuesday, 8 May - Thursday, 10 May at the Ritz-Carlton, Millenia. This event is the ideal opportunity to gain new business, network with peers from around the globe and gather trending information on the Asian marketplace. Be sure to register early to receive up to $550 off your conference registration.
 
2018 sees ISTAT reflecting on 35 years of history as we celebrate the society’s beginning in 1983. As we look back to the beginning and the growth that we have seen in the last three and a half decades, we’re seeking any materials that you may have saved through the years.

At the ISTAT America’s event in San Diego this March, ISTAT will celebrate in a number of ways, and your sharing will assist us as we look back. Requested materials include:

  • Old photos (scanned or original)
  • Video
  • Collateral
  • Jetrader issues from the '90s and early 2000s

To share materials or for any additional questions, please contact ISTAT Marketing Senior Manager Crystal Ligda at cligda@istat.org or +1.312.673.5703.

 
We want to hear from you! With the goal of continually improving our communication efforts in the name of better serving members, we would appreciate your help in completing an important readership survey. Your feedback will allow us to tailor our efforts and better serve member needs. The survey includes questions about Jetrader, the annual Membership Connections member directory, and ISTAT UPdate.

To take part in this 10-minute survey, please click here.

 
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Pratt & Whitney
ISTAT Calendar

ISTAT Americas
4-6 March 2018
San Diego Marriott Marquis + Marina
San Diego, CA, USA
Register now

ISTAT Asia
8-10 May 2018
The Ritz-Carlton Millenia, Singapore
Register now

ISTAT at the Farnborough International Airshow
Chalet: 16-22 July 2018
Reception: 16 July 2018
JW Marriott Grosvenor House
London, England

ISTAT EMEA
23-25 September 2018
Hilton Prague
Prague, Czech Republic

ISTAT Latin America Forum
14-15 November 2018
JW Marriott Hotel Lima
Lima, Peru

ISTAT Holiday Receptions
5 December 2018
Dublin, London, Los Angeles, Miami, New York, Tokyo

 
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Wilmington Trust, N.A.
Member Updates
ISTAT is pleased to announce these new and returning members. Learn more about each member and connect with them by accessing the ISTAT Member Directory.
 
Congratulations to these ISTAT members on their new positions.
 
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Foundation Happenings
The ISTAT Foundation offers grant funding to non-profit organizations around the globe that advance commercial aviation. Applications are now open for organizations to apply. The deadline to submit applications is 1 May 2018.

Do you know of a qualified candidate? Contact istatgrants@istat.org.

 
The ISTAT Internship Portal is open to ISTAT member companies to post their summer or graduate internship positions. We encourage companies to post their positions at their earliest convenience to ensure interest from the best candidates.

The Foundation’s Internship Program acts as an intermediary between ISTAT member companies and university students seeking aviation internships. Through the use of our web portal, qualified students and employers are able to match the right skills, background and interests with corporate internships. Placed interns will receive a stipend from the Foundation to cover qualified housing and travel expenses of up to $2,500.

Questions? Contact istatinternships@istat.org.

 
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ISTAT Appraisers' Program
After nearly a year as chairman-elect, Bryson Monteleone was formally appointed as IBG Chairman effective 1 February 2018. As chairman, Bryson will represent the ISTAT Appraisers’ Program as a voting member of the ISTAT Board of Directors. Bryson took the reins from Phil Seymour, who served as chairman for six years. The Board of Governors and the ISTAT Board of Directors would like to thank Phil for his service.
 
As part of the ISTAT Americas conference, the ISTAT Appraisers' Program will again offer the pre-conference Appraising 101 program for those interested in the practice of appraising or who would just like to know more about appraisals and what they mean. Plan to attend this event Sunday, 4 March from 11:00 a.m. to 12:30 p.m. in Marina Ballroom D. Please note that the time has changed since last month’s ISTAT UPdate.

This complimentary session features an inside look at the ISTAT Appraisers' Program, aircraft appraisal fundamentals and steps to becoming an appraiser. Session topics include:

  • The ISTAT Appraisers' Program and introduction to the handbook and code of ethics
  • Types of aircraft appraisals and definitions
  • Becoming an appraiser — the requirements, process and examinations

Contact Samantha Kirby at skirby@istat.org to register.

 
The spring issue of Jetrader, which should arrive in member mailboxes in mid-March, includes an appraisal of the A320neo by Senior Appraiser Angus McKay and Appraiser Kara Levine, both of ICF International, and an appraisal of the 737 MAX 8 by Appraiser Ben Chapman of Flight Ascend Consultancy.
 
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Jetrader Magazine
 
   
Jetrader recently had the opportunity to speak with Wizz Air Co-Founder and CEO József Váradi about a range of topics, including the company’s continued growth in the Central and Eastern European market and beyond.
 
Advertising space is now available in the summer 2018 issue of Jetrader magazine. This issue will feature a full recap of the activity at ISTAT Americas and ISTAT Asia. The issue will also take a look at the freighter to conversion market, in addition to a host of timely and useful content. For year-round access to ISTAT members, please reference the advertising opportunities available through ISTAT and Jetrader by clicking here, or by contacting: Erik Henson, Jetrader media director at +1 352-333-3443 or ehenson@jetrader.org.

ISTAT media allows you to enjoy direct and targeted access to more than 4,500 C-suite executives, vice presidents, chairmen, partners, principals, presidents, marketing/sales directors and managers within the global aviation community.

 
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.
 
We are now accepting article submissions for 2018. If you are interested in sharing your expertise and contributing to the content of Jetrader, please contact ISTAT at istat@istat.org.
 
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Spire Flight Solutions
Pratt & Whitney
Aeronautical Engineers Inc
Industry News
As reported by the International Air Transport Association (IATA) in year-end reports, 2017 culminated with higher-than-average industry growth figures. As measured by revenue passenger kilometers (RPK), demand grew 7.6% in 2017 when compared against the previous year.
 
According to recent estimates, the Asia-Pacific region could carry as many as 3.5 billion passengers by 2036, which is more than double similar projections in a similar time frame for air traffic in Europe and North America combined. And according to representatives from Boeing, manufacturers will need to produce more than 16,000 new aircraft to meet that demand.
 
According to an Aviation Week forecast, the Asia-Pacific region's in-service fleet is projected to grow at a compound annual growth rate of 5.8% annually. Additionally, the same forecast projects the region's MRO sector to be valued at approximately $22.5 billion by 2027.
 
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