Jetrader - March/April 2011 - 3
Jetrader is a bi-monthly 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 401 N. Michigan Ave., Suite 2400 Chicago, IL 60611 USA Tel: 312.321.5169 Fax: 312.673.6579 www.ISTAT.org E-mail: istat@istat.org
from the president
John W. Vitale, President International Society of Transport Aircraft Trading
Dear fellow ISTAT members,
ISTAT BOARD OF DIRECTORS OFFICERS John W. Vitale President Michael Platt Immediate Past President Gregory A. May Vice President Marc Allinson Vice President/Treasurer Peter Huijbers Vice President/Secretary DIRECTORS Fred Klein Sigthor Einarsson Will Hudson Daniel J. Pietrzak Jep Thornton Mike Skinner Anthony Diaz Jay W. Hancock Joseph W. Ozimek Mark Pearman-Wright David P. Sutton Douglas Runte
Though the sun may be setting on my tenure as President of ISTAT, the future of the Society has never been brighter. The combined Boards of ISTAT and the ISTAT Foundation have just completed a strategy session where the priorities of the Society were reaffirmed: 1. 2. 3. Increase Airline participation. Emphasize the “International” in ISTAT, expanding geographically. Enhance our members’ experience at the conferences.
ISTAT INTERNATIONAL APPRAISERS’ PROGRAM BOARD OF GOVERNORS Fred J. Klein Chairman/Senior Appraiser John Trevitt Senior Appraiser Ken De Jaeger Senior Appraiser William Bath Appraiser Fellow/Administrative Director, ISTAT International Appraisers’ Program Steve Boecker Jeffrey Tenen ISTAT FOUNDATION David P. Sutton John W. Vitale Michael Platt Stephen T. Rimmer Marc Allinson TRUSTEES Julian Balaam Wolfgang Driese Thomas W. Heimsoth Roland H. Moore, Esq. Ken Perich David Treitel Douglas Emerson Tony Whitty Chairman ISTAT President ISTAT Past President Vice Chairman Vice President/Treasurer Jon Batchelor Dean Gerber Dana J. Lockhart Chris Partridge Marco Sterk Warren Willits
As I pass the gavel to my able successor, Joe Ozimek of Boeing Capital Corporation, I’d like to thank each of you for the support you’ve shown for our beloved ISTAT. Throughout the deepest downturn in our industry, ISTAT members stuck together. I’d also like to thank Ron Pietrzak and the entire ISTAT staff, whose professionalism, hard work and creative ideas have enabled us to reach the success we now enjoy. Most of all, I’d like to thank the other Board members. Each and every Board member has worked countless hours for ISTAT and will continue to do so. As I write this letter, I see from the list of candidates for the open Board positions that ISTAT will remain in very capable hands. It has truly been an honor and a privilege to serve as President of ISTAT for the past two years. I look forward to working with Joe to ensure the continued success of this Society. Gratefully yours,
INTERNATIONAL SOCIETY OF TRANSPORT AIRCRAFT TRADING Ron Pietrzak Executive Director Ben Barclay Project Coordinator Cynthia Cortis Conference Manager Michelle Towsey Conference Senior Coordinator Rebecca Holloway Senior Associate Amanda W. McLafferty Senior Marketing Manager
Jetrader 3
http://www.ISTAT.org
Jetrader - March/April 2011
Table of Contents for the Digital Edition of Jetrader - March/April 2011
Jetrader - March/April 2011
A Message from the President
Table of Contents
Calendar/News
Q&A: David Neeleman
Aircraft Financing 2011: Expanding Liquidity Meets More Deliveries
Mind the Generation Gap
Breaking Up is Hard(er) to Do
State of the Regions: North America
‘You’re Late on the Payments!’
Relationships Versus Brand Marketing in Aviation
Aircraft Appraisals
Aviation History
Advertiser.com/ Advertiser Index
Jetrader - March/April 2011 - Jetrader - March/April 2011
Jetrader - March/April 2011 - Cover2
Jetrader - March/April 2011 - A Message from the President
Jetrader - March/April 2011 - 4
Jetrader - March/April 2011 - Table of Contents
Jetrader - March/April 2011 - 6
Jetrader - March/April 2011 - Calendar/News
Jetrader - March/April 2011 - Q&A: David Neeleman
Jetrader - March/April 2011 - 9
Jetrader - March/April 2011 - 10
Jetrader - March/April 2011 - 11
Jetrader - March/April 2011 - Aircraft Financing 2011: Expanding Liquidity Meets More Deliveries
Jetrader - March/April 2011 - 13
Jetrader - March/April 2011 - 14
Jetrader - March/April 2011 - 15
Jetrader - March/April 2011 - 16
Jetrader - March/April 2011 - Mind the Generation Gap
Jetrader - March/April 2011 - 18
Jetrader - March/April 2011 - 19
Jetrader - March/April 2011 - 20
Jetrader - March/April 2011 - Breaking Up is Hard(er) to Do
Jetrader - March/April 2011 - 22
Jetrader - March/April 2011 - 23
Jetrader - March/April 2011 - State of the Regions: North America
Jetrader - March/April 2011 - 25
Jetrader - March/April 2011 - 26
Jetrader - March/April 2011 - 27
Jetrader - March/April 2011 - 28
Jetrader - March/April 2011 - ‘You’re Late on the Payments!’
Jetrader - March/April 2011 - 30
Jetrader - March/April 2011 - 31
Jetrader - March/April 2011 - Relationships Versus Brand Marketing in Aviation
Jetrader - March/April 2011 - 33
Jetrader - March/April 2011 - 34
Jetrader - March/April 2011 - Aircraft Appraisals
Jetrader - March/April 2011 - 36
Jetrader - March/April 2011 - 37
Jetrader - March/April 2011 - 38
Jetrader - March/April 2011 - 39
Jetrader - March/April 2011 - 40
Jetrader - March/April 2011 - Aviation History
Jetrader - March/April 2011 - 42
Jetrader - March/April 2011 - 43
Jetrader - March/April 2011 - 44
Jetrader - March/April 2011 - Advertiser.com/ Advertiser Index
Jetrader - March/April 2011 - 46
Jetrader - March/April 2011 - Cover3
Jetrader - March/April 2011 - Cover4
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