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17 May 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

The eighth annual ISTAT Asia conference wrapped up in Singapore last week, and provided those in attendance with an inside look at the issues and opportunities facing the industry in the Asia-Pacific region and built on the momentum established in the event's previous years.

With nearly 800 attendees, the event brought in a cross-section of the industry, by giving a platform to keynote presenters and panelists.

The Ritz-Carlton Millenia served as the host property for the event, and a healthy amount of education, forecasting, analysis and networking was packed into three very full days. 

In addition, panel discussions and conference proceedings kicked off with a welcome message from Dr. Beh Swan Gin, chairman of the Singapore Economic Development Board, and showcased a keynote presentation from Dick Forsberg, head of strategy, Avolon.

Be sure to look for a more comprehensive recap in the summer issue of Jetrader. Presentations and photos are available via the ISTAT mobile app and the ISTAT website, and don’t forget to make plans to attend next year’s event in Shanghai, 7-9 May, which will feature a new, one-day workshop. Be on the lookout for more details throughout the year.

The 2018 Farnborough International Airshow is less than two months away, and registration is open now. To enhance ISTAT's networking offerings and increase the overall value of membership, ISTAT will again offer two members-only events during the airshow. Members are invited to network, conduct business, and enjoy the special amenities exclusively available for members and guests!

ISTAT Reception
Monday, 16 July
18:00 - 20:00
Grosvenor House, A JW Marriott Hotel
London, England

Join ISTAT for an evening of networking following the Farnborough International Airshow on Monday, 16 July. All ISTAT members are invited to bring one guest to the complimentary reception. Registration is required.

ISTAT Chalet
16-22 July
9:00 - 18:00
Farnborough, England

The Chalet offers a convenient setting for quick meetings and the opportunity to mingle with other ISTAT members. It also provides easy access to the static air exhibits as well as fantastic views of the daily air show.

Bring your family! Members are welcome to bring up to five guests on designated family days, and children of all ages are especially welcomed. Please note: Children under the age of 16 are not allowed at the Chalet, except on Friday, 20 July and Saturday, 21 July. Registration is required. 

If published today, potentially outdated contact information would be sent to approximately 5,000 ISTAT members. The 2018 ISTAT Membership Connections Directory will be published this summer, and we want to make sure your profile still reflects your current information.

You may update your profile at any time by logging into the ISTAT website or by emailing us at If you have forgotten your password, please click here for step-by-step instructions on how to reset it.

Profile updates and professional head shot submissions must be received by 31 May to be included in the 2018 ISTAT Membership Connections Directory.

Thank you for helping us keep the ISTAT Membership Connections Directory up to date so your fellow members can stay connected.
Did you know that you can access the full roster of current ISTAT members via the ISTAT mobile app? If you have not yet downloaded the app, search "ISTAT Community" in your Apple or Android store and download the ISTAT app. Tap Login, enter your email address and follow the directions on the screen to log in. If you’ve previously downloaded the ISTAT Community app, tap the ISTAT icon on your device, and log in using your credentials. Forgot your password? No problem — tap "Need help logging in?" to set up a new password.

Once logged in, you will see a Member Directory tab on the main ISTAT Community homepage. Need help? Email

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Pratt & Whitney
ISTAT Calendar

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

23-25 September 2018
Hilton Prague
Prague, Czech Republic
Registration opens in June

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


ISTAT Americas
4-6 March 2019
JW Marriott Orlando Grande Lakes
Orlando, FL, USA

10-12 May 2019
Grand Hyatt Shanghai
Shanghai, China

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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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A leading independent aviation consultancy
IBA Group, Ltd.
Advising lessors, operators, OEMs, financiers & investors Delivering a comprehensive mix of intelligence gathering, analysis, proprietary data, technical expertise & decades of aviation experience Enhancing decision making across the aviation spectrum
Foundation Happenings
The Inaugural ISTAT Foundation Gala will take place on Monday, 4 June at The Ritz-Carlton in Chicago, IL. Table sponsorships are available for $7,500, and individual tickets are available for $250. Please visit for more information.
The ISTAT Foundation will host a golf tournament on Tuesday, 5 June at the Harborside International Golf Center in Chicago, IL. Interested in attending or sponsoring? Please visit for more information.
Applications for the 2018 ISTAT U 2.0 program (online version) are now available to qualified, current students at universities around the world. ISTAT U is a specially designed one-year (six-credit-hour or global equivalent) aviation finance and leasing program. Admission requirements and application instructions are available at The deadline for students to apply for enrollment is Friday, 31 August.
ISTAT member companies are invited to post summer or graduate internship positions on the ISTAT Internship Portal. The Foundation’s Internship Program acts as an intermediary between ISTAT member companies and 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 who qualify will receive a stipend from the Foundation to cover qualified housing and travel expenses of up to $2,500. Questions? Contact
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Honeywell Aerospace Trading
ISTAT Appraisers' Program
Appraising 101, the program for those interested in the practice of appraising or who would just like to know more about appraisals in general, was well attended at ISTAT Asia last week with 28 attendees on hand. Thanks to Olga Razzhivina and Angus Mackay, both ISTAT Senior Appraisers, for acting as instructors. This session will also be available at ISTAT EMEA in September.
Kimberly Higgins Bergins, AVITAS, and Gueric Dechavanne, Collateral Valuations, joined the ranks of ISTAT Senior Appraisers after passing the Senior Technical Exam at ISTAT Americas in March. In addition, Marco Clalüna, AirJet Consulting Group, completed the requirements necessary to join the ranks of ISTAT Certified Appraisers.
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MTU Maintenance - Lifetime Excellence
MTU Maintenance Hannover Gmbh
As engine experts and world leader in independent engine services, we focus on maximizing your earnings and optimizing costs during the lifecycle of the engine and beyond. With decades of experience we offer tailored solutions emcompassing innovative MRO services, integrated leasing and best-of-breed asset management. There is always a better solution for your engines. MTU has it.
Jetrader Magazine
Rather than invest large sums of money in the development of clean-sheet airframe designs, in recent years, OEMs have elected to redesign, improve and re-engine already successful airframes for the next generation of aircraft. In many of these cases, the engine accounts for a significant proportion of the efficiency savings.

Innovation in the aero engine industry is a constant process to stay one step ahead of the competition.

Click here to read the full article and explore the rest of the current issue of Jetrader.

Advertising space is now available in the autumn 2018 issue of Jetrader magazine. This issue will feature a full recap of ISTAT's activities at the Farnborough International Airshow. The issue will also examine the evolution of engine leasing, in addition to a host of timely and useful content and will be distributed at ISTAT EMEA in Prague.

Membership Connections, our popular "who’s who" guide, lists ISTAT members in a variety of ways for easy reference and networking within the ISTAT community throughout the year. It is available in both a print and digital format, making it easy for members to reference year-round for their purchasing decisions. A limited number of prime positions are still available for the next few companies who secure space, and they are awarded first-come, first-serve.

The last ad submission date for Membership Connections is 5 June 2018
The last ad submission date for the autumn issue of Jetrader is 13 July 2018

Frequency discounts are available. Receive more than 20 percent off our best available contract rates by participating in all of our media options: Jetrader magazine, ISTAT UPdate monthly eNewsletter and our annual directory, Membership Connections.

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 , ISTAT UPdate and Membership Connections media director, at +1 352-333-3443 or

ISTAT media allows you to enjoy direct and targeted access to more than 5,000 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
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Spire Flight Solutions
Pratt & Whitney
Aeronautical Engineers Inc
Industry News
According to the top official from the International Air Transport Association (IATA), aviation growth in the Middle East is likely to be threatened by political instability.
There has been very little in the way of European-based aviation consolidation in recent years and the industry remains much more fragmented than in North America, as a comparison, The recent exits of several notable European carriers could pave the way for more mergers, but will it change the landscape of aviation in the region?
As outlined in a recent SITA survey, airlines are making drastic progress in their efforts to implement new ways to improve their communications, tracking, safety and passenger-entertainment efforts.
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