The seventh annual ISTAT Asia conference is in the books and was a rousing success in terms of record-breaking attendance, informative panel discussions, entertaining and educational keynotes, networking opportunities galore, and scores of informal discussions. Representatives from major airlines, leasing companies, manufacturers and appraisers were on hand to discuss the ever-changing needs and opportunities in the Asian aviation landscape.
The Grand Hyatt Hong Kong served as the host property, which packed a healthy amount of content into three days, including a very special opportunity in the form of opening remarks from the Chief Executive of the Hong Kong Special Administrative Region, the Honourable C Y Leung, who greeted attendees on the first full day of the conference, 10 May. The Chief Executive outlined measures that the city was implementing to attract more global aircraft leasing activity. He cited pending legislation that would provide incentives to lessors, pointing out Hong Kong’s status as "China’s international finance center."
In addition, the conference featured several keynotes, which included presentations from Adam Pilarski, Ph.D., senior vice president, AVITAS, Inc.; Blake Scholl, chief executive officer and founder, Boom Supersonic; and Dick Forsberg, head of strategy, Avolon.
There were also numerous panel discussions, including: the Lessor CEO, Japanese Investor, Best Location for Lessors, Low-Cost Airline and Mid-Life panels.
New to ISTAT Asia was the Best Location for Lessors Panel, during which panelists discussed the emergence of leasing options in the region and focused on the unique challenges and opportunities presented by the tax structure in Asia.
Be sure to look for a more comprehensive recap in the next issue of Jetrader. As always, presentations and photos from are available via the ISTAT mobile app and the ISTAT website, and don’t forget to make plans to attend next year’s event in Singapore, 8-10 May.
The 2017 International Paris Air Show is about a month away, and in an effort to enhance ISTAT's networking offerings and increase the overall value of membership, ISTAT will again offer two members-only events. Members are invited to network, conduct business, and enjoy the special amenities exclusively available for members and guests!
Join ISTAT for an evening of networking following the International Paris Air Show on Monday, 19 June. All ISTAT members are invited to bring one guest to the complimentary reception. Registration is required.
The Chalet offers a convenient setting for quick meetings and the opportunity to mingle with other ISTAT members. It also provides easy access to the static air exhibits as well as fantastic views of the daily air show. Registration is required.
Membership Connections, our popular "who’s who" guide, lists ISTAT members in a variety of ways for easy reference and networking within the ISTAT community throughout the year. It is available in both a print and digital format, making it easy for members to reference year-round for their purchasing decisions. A limited number of prime positions are still available for the next few companies who secure space, and they are awarded first-come, first-serve.
Advertising space is also available in the autumn issue of Jetrader, which will have bonus distribution at ISTAT EMEA in Edinburgh.
The last ad submission date for Membership Connections is 8 June 2017 The last ad submission date for the autumn issue of Jetrader is 17 July 2017
Frequency discounts available! Receive more than 20 percent off our best available contract rates by participating in all of our media options: Jetrader magazine, ISTAT UPdate monthly eNewsletter and our annual directory, Membership Connections.
If published today, potentially outdated contact information would be sent to over 4,000 ISTAT members. The 2017 ISTAT Membership Connections Directory will be published this summer, and we want to make sure your profile still reflects your current information.
You may update your profile at any time by logging into the ISTAT website or by emailing us at ISTAT@istat.org. If you have forgotten your password, please click here for step-by-step instructions on how to reset it.
Profile updates and professional head shot submissions must be received by 31 May 2017 to be included in the 2017 ISTAT Membership Connections Directory.
Thank you for helping us keep the ISTAT Membership Connections Directory up-to-date so your fellow members can stay connected.
Check out this month’s #ISTATGivesBack with Yreka Flores, featuring Humanitarian Committee Chairman Julian Balaam: www.istat.org/istatgivesback. See how ISTAT and the Foundation have positively impacted humanitarian causes around the world.
The Foundation supports charitable organizations that provide air transportation for humanitarian causes. The committee is now accepting proposals for 2017 Humanitarian Grants. For information on how to submit a proposal, please visit: www.istat.org/humanitarian.
The Foundation granted $25,000 USD to a UK-based charity, Mission Aviation Fellowship, to aid in their famine relief efforts in South Sudan. To learn more about their organization, please visit their website at www.maf.org.
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This is the second article in the ISTAT appraisers' education project focused on the concept of value, prices, economic inputs, unit costs, aircraft performance and the impact of technological changes on value. These are some of the many aspects and factors appraisers consider when developing opinions of value.
Jetrader, ISTAT's official magazine, is circulated to ISTAT members on a quarterly basis. Each issue of Jetrader highlights industry news and case studies and contains feature articles and member spotlights.
We are now accepting article submissions for the autumn 2017 issue. If you are interested in sharing your expertise and contributing to the content of Jetrader, please contact ISTAT at firstname.lastname@example.org.
The number of regular international flights to Japan is expected to reach a record 5,169 per week this summer, according to the Japanese transport ministry. The increase may boost spending by foreign visitors as well as overseas trips by Japanese travelers.
The operating environment for global airlines will remain challenging after carriers in regions such as Europe reported lower first-quarter profit margins on higher costs and weak yields, the International Air Transport Association (IATA) reported.
With next generation engine types the CFM LEAP and the Pratt & Whitney Geared Turbofan having a combined order backlog of nearly 20,000 units, engine lessors are anticipating greater numbers being bought into their portfolios over the next decade.