Jetrader - November/December 2013 - 10

ISTAT

Europe 2013
Aviation's best and brightest converge in Barcelona
6-8 October 2013

Attendance at the highly anticipated
ISTAT Europe conference eclipsed numbers
from 2012. With more than 850 registered
attendees from 360 companies, representing
39 countries, the event was truly a global
affair. ISTAT has made a concerted effort
to include more airlines in membership
and event participation, and this signiﬁcant increase shows that the efforts are
paying off.
"One of the reasons the numbers continue to increase is that we are maintaining
a very positive focus on encouraging airline
attendance," said Dick Forsberg, ISTAT
Europe co-chairman and head of strategy,
Avolon. "This year we had 60 airlines signed

Hotel Arts

Barcelona, Spain

up to be represented, and that accounted
for 120 of the delegates. This is very strong
airline representation."
ISTAT Europe stands out from other
industry events in part due to the quality
of presentations. Speakers of the highest
caliber are organized into various panels
based on industry expertise. More than
40 speakers from more than 40 organizations addressed attendees and provided
insight covering all areas of global transport
aircraft trading.
The Economists panel kicked off the
event with a lively discussion moderated
by Mary Ellen Jones, vice president - global
customer support and Americas sales, Pratt &

Whitney. Three highly regarded economists
were given the opportunity to address the
current state and future of aviation through
the lens of economic conditions. Peter
Morris, chief economist, Ascend, shared
research on the changing times for European
carriers, including the effects of low-cost
carriers (LLCs) and the European economic
crisis on the intra-Europe ﬂights. According
to Morris, the economics on thinner routes
are being challenged by trends in aircraft
economics, as well as ﬂexible LCC carriers.
The network airlines are also struggling to
adjust to direct competition from LCCs on
core intra-Europe markets, he said.
Continued on page 14

1. Jep Thornton, ISTAT President and Partner, Aerolease Aviation LLC, introduces the ISTAT Europe 2013 event and recaps the activities of
the year.
2. Phil Seymour, ISTAT Europe Co-Chairman and President & Chief Operating Officer, IBA Group, Ltd., welcomes the ISTAT Europe 2013 attendees.
3. The Economists: Moderator: Mary Ellen Jones, Vice President - Global Customer Support and Americas Sales - Pratt & Whitney
Speakers: Brian Pearce, Chief Economist and Director, IATA; Adam Pilarski, Ph.D., Senior Vice President, Avitas, Inc.; Peter Morris, Chief
Economist, Ascend

10 The ofﬁcial publication of the International Society of Transport Aircraft Trading

Jetrader - November/December 2013

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