® MARCH/APRIL 2009 CONTENTS FEATURES 8 8 14 18 14 Crunching the Numbers As the Market Adapts to Recent Changes, Are Freighter Conversions Good Lease Investments? World Air Cargo Forecast History Supports Future Growth Brain Drain in the Transportation Industry What to do When 20 Percent of the Experienced Workforce Vanishes 27 18 IN EVERY ISSUE 3 7 21 25 27 34 A Message from the President Calendar/News Aircraft Appraisals From the ISTAT Foundation Aviation History Advertising Index Jetrader 5