Jetrader - Spring 2015 - 7

®
Jetrader is a quarterly publication of the International Society of
Transport Aircraft Trading (ISTAT). ISTAT was founded in 1983
to act as a forum and to promote improved communications
among those involved in aviation and supporting industries,
who operate, manufacture, maintain, sell, purchase, finance,
lease, appraise, insure or otherwise engage in activities related
to transport category aircraft.
Jetrader is published for:
International Society of Transport Aircraft Trading
330 North Wabash Avenue, Suite 2000
Chicago, Illinois 60611 USA
Tel: +1.312.321.5169
Fax: +1.312.673.6579
www.istat.org
Email: istat@istat.org

ISTAT BOARD OF DIRECTORS
OFFICERS
Jep Thornton
Joe Ozimek
Marc S. Allinson
Daniel J. Pietrzak
Douglas W. Runte, CFA
DIRECTORS
Ron Baur
Anthony Diaz
Todd Freeman (ex-officio)
Jay Hancock
David Sutton
Steven Townend
Phil Seymour (ex-officio)

President
Immediate Past President
Vice President
Secretary
Treasurer
Gerry Butler
Dick Forsberg
Dean Gerber
Mary Prettyman
David Swan
John W. Vitale

ISTAT INTERNATIONAL APPRAISERS' PROGRAM
BOARD OF GOVERNORS
Phil Seymour
Chairman/Senior Appraiser
Douglas Kelly
Senior Appraiser
John Beekman*
Mark Streeter*
Abdol Moabery*
Betsy R. Snyder*
Jeff Straebler*
Richard Young
Jack Feir (Appraiser Fellow, Administrative Director,
ISTAT International Appraisers' Program)
*These individuals are not certified appraisers.

from the
president

Jep Thornton, President
International Society of Transport Aircraft Trading

Dear fellow ISTAT members,
Well, here we are again, gearing up for another ISTAT Americas conference,
this one being the 33rd, held at the JW Marriott Desert Ridge in Phoenix, Arizona
on March 8-10, 2015.
We head to Arizona with the industry in its best condition in recent memory
with a perfect storm of low oil prices, low interest rates, adequate liquidity and
modest growth in the industry. You can be sure that ISTAT Americas Chairperson
Mary Prettyman and her committee are working hard to put on a very stimulating
conference that I am sure you will all enjoy.
We also find ourselves at the end of my term as your president, and I want
to thank each and every one of you for your support. I especially want to thank
my fellow board members and foundation trustees for all their hard work in all
aspects of the operation of ISTAT and the foundation. There is much that goes
on behind the scenes during the year to provide our members with superior
conference and event experiences, and we should all be thankful for the hard
work and dedication of these board members and foundation trustees.
I pass the baton to my good friend Marc Allinson who will take over as president
at the end of ISTAT Americas, and I wish him well and look forward to supporting
him during his term. Marc will surely be a great president and will continue to
move the organization forward.
Thanks again to all, and I am looking forward to having a beer with each of
you at ISTAT Americas.
All the best and see you soon,

ISTAT FOUNDATION BOARD OF TRUSTEES
Todd Freeman
Chairman
Warren Willits
Vice Chairman
Jep Thornton
ISTAT President
Joe Ozimek
Immediate Past ISTAT President
Douglas W. Runte, CFA Vice President/Treasurer
TRUSTEES
Julian Balaam
Mark Dunnachie
Peter Huijbers
Dana J. Lockhart
Murrae Ross-Eskell

Damon J D'Agostino
Sigthor Einarsson
Mary Ellen S. Jones
Michael Platt
Rod J. Sheridan

INTERNATIONAL SOCIETY OF
TRANSPORT AIRCRAFT TRADING
Ron Pietrzak
Executive Director
Ben Barclay
Operations Manager
Cynthia Cortis
Conference Director
Crystal Ligda
Marketing Manager
Jetrader  *  Spring 2015 7


http://www.istat.org

Jetrader - Spring 2015

Table of Contents for the Digital Edition of Jetrader - Spring 2015

A Message from the President
Calendar/News
Maurice J. Gallagher, Jr. Honored for Excellence in Aviation
2015 Poised to be Strong Year for Global Leasing
Aircraft Finance Outlook: Boeing's 2015 Perspective
Celebrating the Holidays with ISTAT
The Sweet Sound of the Drone
Aviation History
Q&A: Incoming ISTAT President Marc S. Allinson
Can the Commercial Aircraft Backlog Withstand 50% Lower Fuel Prices?
Aircraft Appraisals
ISTAT Foundation
Advertiser.com
Advertiser Index
Jetrader - Spring 2015 - cover1
Jetrader - Spring 2015 - cover2
Jetrader - Spring 2015 - 3
Jetrader - Spring 2015 - 4
Jetrader - Spring 2015 - 5
Jetrader - Spring 2015 - 6
Jetrader - Spring 2015 - A Message from the President
Jetrader - Spring 2015 - 8
Jetrader - Spring 2015 - 9
Jetrader - Spring 2015 - Calendar/News
Jetrader - Spring 2015 - 11
Jetrader - Spring 2015 - Maurice J. Gallagher, Jr. Honored for Excellence in Aviation
Jetrader - Spring 2015 - 13
Jetrader - Spring 2015 - 14
Jetrader - Spring 2015 - 15
Jetrader - Spring 2015 - 2015 Poised to be Strong Year for Global Leasing
Jetrader - Spring 2015 - 17
Jetrader - Spring 2015 - 18
Jetrader - Spring 2015 - 19
Jetrader - Spring 2015 - Aircraft Finance Outlook: Boeing's 2015 Perspective
Jetrader - Spring 2015 - 21
Jetrader - Spring 2015 - 22
Jetrader - Spring 2015 - 23
Jetrader - Spring 2015 - Celebrating the Holidays with ISTAT
Jetrader - Spring 2015 - 25
Jetrader - Spring 2015 - 26
Jetrader - Spring 2015 - 27
Jetrader - Spring 2015 - 28
Jetrader - Spring 2015 - The Sweet Sound of the Drone
Jetrader - Spring 2015 - 30
Jetrader - Spring 2015 - 31
Jetrader - Spring 2015 - Aviation History
Jetrader - Spring 2015 - 33
Jetrader - Spring 2015 - 34
Jetrader - Spring 2015 - 35
Jetrader - Spring 2015 - Q&A: Incoming ISTAT President Marc S. Allinson
Jetrader - Spring 2015 - 37
Jetrader - Spring 2015 - 38
Jetrader - Spring 2015 - Can the Commercial Aircraft Backlog Withstand 50% Lower Fuel Prices?
Jetrader - Spring 2015 - 40
Jetrader - Spring 2015 - Aircraft Appraisals
Jetrader - Spring 2015 - 42
Jetrader - Spring 2015 - ISTAT Foundation
Jetrader - Spring 2015 - 44
Jetrader - Spring 2015 - 45
Jetrader - Spring 2015 - Advertiser Index
Jetrader - Spring 2015 - cover3
Jetrader - Spring 2015 - cover4
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