Jetrader - Spring 2014 - 9

ISTAT
calendar
ISTAT Americas 2014
Sunday-Tuesday
16-18 March 2014
San Diego Marriott Marquis & Marina
San Diego, California, USA

ISTAT Asia 2014
Sunday-Tuesday
4-6 May 2014
The Ritz-Carlton, Hong Kong
Hong Kong

ISTAT Reception at
the Farnborough
International Airshow
Monday
14 July 2014
Grosvenor House, A JW Marriott Hotel
London, England

ISTAT Chalet at
the Farnborough
International Airshow
Monday-Sunday
14-20 July 2014
Farnborough, England

ISTAT Europe 2014
Sunday-Tuesday
21-23 September 2014
Hilton Istanbul
Istanbul, Turkey

Be sure to visit
the interactive Jetrader on the
Web at www.ISTAT.org.

ISTAT news
ISTAT Remembers Gilbert Speed
It is with great sadness that we report that Gilbert Speed, 81,
founder of SpeedNews, passed away on 27 Jan. 2014. Speed began
his career in aviation as a student apprentice in 1952 at the Bristol
Aeroplane Company, now part of BAE Systems. In 1957, he moved
to Eastern Airlines where he was a development engineer. Then,
after an engineering stint at Pan Am, he become the founder of
Transequip, now part of Telair International. In 1979, he founded SpeedNews, which
became a premier newsletter of the aviation industry. He launched the first annual
SpeedNews Aviation Industry Suppliers Conference in 1987. Speed was a long-time
supporting member of ISTAT from the start, and was the recipient of the 2010 ISTAT
Award. During his more than 60-year tenure in the aviation industry, he become
a well-respected industry partner and touched many lives.
The ISTAT Foundation has created the Gilbert W. Speed Memorial Scholarship
fund in an effort to recognize the many industry contributions and friendships
Speed has made during his career. The fund will provide an annual scholarship, or
multiple scholarships of $5,000 - $10,000 each, to students interested in aviation
careers. Contributions can be sent to the ISTAT Foundation at 330 N. Wabash Ave.,
Chicago, IL 60611 or ISTAT members can contribute online at www.ISTAT.org.

Jetrader Moves to Quarterly Schedule with Introduction of
ISTAT UPdate
In an effort to streamline ISTAT's print and online communications strategy,
Jetrader is now moving to a quarterly print schedule. The magazines will ship
in March, June, September and December 2014. To supplement the print magazine, ISTAT is now publishing a monthly e-newsletter, ISTAT UPdate. If you are a
member and haven't received your copy, please contact ISTAT at istat@istat.org
to ensure we have the correct email on file. If you are interested in supporting
ISTAT through advertising, please contact Erik Henson at +1.800.369.6220,
ext. 3443 or ehenson@naylor.com.

ISTAT Members Les Weal and Olga Razzhivina Start New
Commercial Aircraft Valuations Business
The new aircraft appraisal company Oriel opened its doors for business in January.
Founded by Les Weal and Olga Razzhivina, the company provides expert valuation and advisory services for the commercial aircraft sector.
Oriel is based in the U.K. with the combined network of its founding officers
extending worldwide. Direct contact with the clients is one of the cornerstones
of Oriel's philosophy in offering its services to all stakeholders in aircraft finance
and ownership. Oriel combines the skills of two experienced professionals
whose opinions are recognized and respected worldwide. Les Weal has more
than 35 years of aviation experience, including more than 25 years in valuation
and advisory roles. Olga Razzhivina has been working in aviation for more than
15 years and holds the Senior ISTAT Appraiser qualification.

Published by:
Naylor, LLC 5950 NW First Place Gainesville, FL 32607 Phone: +1.352.332.1252 Toll-Free: +1.800.369.6220 Fax: +1.352.332.3331 www.naylor.com
Publisher: Jill Andreu Editor: Julie Ahlgren Project Manager: Heather McMillen Advertising Sales Manager: Erik Henson Sales Representative: Janet Frank, Ryan Griffin,
Norbert Musial, Bryan Zeig Marketing: Brianna Martin Layout and Design: Manish Dutt Sharma
©2014 Naylor, LLC. All rights reserved. The contents of this publication may not be reproduced by any means, in whole or in part, without the prior written consent of the publisher.
For advertising information, contact Erik Henson at ehenson@naylor.com or +1.800.369.6220 ext. 3443.
All articles submitted for publication in Jetrader are the property of the authors. ISTAT and Jetrader make no claims regarding the accuracy of the facts and figures printed in any of the articles. The responsibility for
accurate research and for securing copyright permission for any information printed in Jetrader is the duty of the author. To contribute to future issues of Jetrader, please email Crystal Ligda at cligda@istat.org.
PUBLISHED FEBRUARY 2014/IST-Q0114/4625
Jetrader is published quarterly by the International Society of Transport Aircraft Trading, 330 N. Wabash Ave., Suite 2000, Chicago, IL 60611. The name Jetrader is held under copyright, as granted by the United States
Patent and Trademark Office, registration no. 3511680.

Jetrader * Spring 2014 9


http://www.ISTAT.org http://www.ISTAT.org http://www.naylor.com

Jetrader - Spring 2014

Table of Contents for the Digital Edition of Jetrader - Spring 2014

A Message from the President
Calendar/News
Q&A: Pete Seidlitz, President, Bristol Associates, Inc.
Financial and Leasing Update for 2014
2014 Aircraft Financing— A Manufacturer’s View
ISTAT Videos Spotlight the Breadth of Aviation Careers
Lewis University Flight Team Soars Above the Competition
ISTAT Holiday Receptions Rock the Globe
Omni Air International, Inc. Contributes $100,000 to ISTAT Foundation
Aviation History
Aircraft Appraisals
ISTAT Foundation
ISTAT Members on the Move
Advertiser.com
Advertiser Index
Jetrader - Spring 2014 - cover1
Jetrader - Spring 2014 - cover2
Jetrader - Spring 2014 - 3
Jetrader - Spring 2014 - 4
Jetrader - Spring 2014 - A Message from the President
Jetrader - Spring 2014 - 6
Jetrader - Spring 2014 - 7
Jetrader - Spring 2014 - 8
Jetrader - Spring 2014 - Calendar/News
Jetrader - Spring 2014 - Q&A: Pete Seidlitz, President, Bristol Associates, Inc.
Jetrader - Spring 2014 - 11
Jetrader - Spring 2014 - Financial and Leasing Update for 2014
Jetrader - Spring 2014 - 13
Jetrader - Spring 2014 - 14
Jetrader - Spring 2014 - 15
Jetrader - Spring 2014 - 2014 Aircraft Financing— A Manufacturer’s View
Jetrader - Spring 2014 - 17
Jetrader - Spring 2014 - 18
Jetrader - Spring 2014 - 19
Jetrader - Spring 2014 - ISTAT Videos Spotlight the Breadth of Aviation Careers
Jetrader - Spring 2014 - Lewis University Flight Team Soars Above the Competition
Jetrader - Spring 2014 - 22
Jetrader - Spring 2014 - 23
Jetrader - Spring 2014 - ISTAT Holiday Receptions Rock the Globe
Jetrader - Spring 2014 - 25
Jetrader - Spring 2014 - 26
Jetrader - Spring 2014 - 27
Jetrader - Spring 2014 - Omni Air International, Inc. Contributes $100,000 to ISTAT Foundation
Jetrader - Spring 2014 - 29
Jetrader - Spring 2014 - Aviation History
Jetrader - Spring 2014 - 31
Jetrader - Spring 2014 - 32
Jetrader - Spring 2014 - 33
Jetrader - Spring 2014 - 34
Jetrader - Spring 2014 - Aircraft Appraisals
Jetrader - Spring 2014 - 36
Jetrader - Spring 2014 - 37
Jetrader - Spring 2014 - 38
Jetrader - Spring 2014 - ISTAT Foundation
Jetrader - Spring 2014 - ISTAT Members on the Move
Jetrader - Spring 2014 - 41
Jetrader - Spring 2014 - Advertiser Index
Jetrader - Spring 2014 - cover3
Jetrader - Spring 2014 - cover4
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