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About Us

What is ISTAT?
The International Society of Transport Aircraft Trading (ISTAT) was founded in 1983 to:

  • Foster and promote interest in the principles and development of aeronautics;
  • Promote and provide a forum for improved communication 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;
  • Arrange for lectures and demonstrations;
  • Encourage and arrange for national and international conventions and exhibitions;
  • Provide news and information of general interest to the commercial aviation trading industry, with members being given the opportunity to describe their activities of such general interest to other members;
  • Develop standards governing certain practices and procedures in the aircraft trading industry and to encourage the use of those standards.

What Does ISTAT Do?

  • Establishes and promotes standards for many aspects of the purchase or sale of commercial transport aircraft, including appraisals and a code of ethics.
  • Serves as the official voice for the entire commercial transport aircraft secondary marketplace.
  • Certifies professional appraisers and offers an on-going educational program.
  • Acts as a centralized coordinator of information and data helpful to its members.
  • Acts as a driving force in promoting the image of its members to people outside commercial transport aircraft secondary markets.
  • Affords its members professional status for employing the highest ethical practices in business.