® MAY/JUNE 2010 CONTENTS FEATURES 12 16 9 12 16 18 20 22 24 25 26 3 7 27 Q&A: Steven F. Udvar-Hazy CEO of Air Lease, LLC and founder/former CEO of International Lease Finance Corporation ISTAT Shines in Orlando Members connect at the ISTAT 27th Annual Conference The State of Aviation Finance Bright fundamentals once the fog of economic uncertainty lifts A Closer Look: Airbus A380 Interview with Richard Carcaillet, A380 Director of Marketing Cargo Conversion Candidate Aircraft How to spot the winners and losers Emerging Entrants China, Middle East at lead of new funding sources Help Yourself Repossessing leased equipment without a breach of the peace Bavarian Splendor Meet ISTAT in Munich Flying Higher A true story by Mort Beyer 25 IN EVERY ISSUE Jetrader wants YOU to be a be part of the magazine. To contribute, send your ideas for editorial topics to Ron Pietrzak, ISTAT Executive Director, at rpietrzak@istat.org. A Message from the President Calendar/News Aircraft Appraisals 29 30 From the ISTAT Foundation Advertiser.com/ Advertiser Index Jetrader 5