ISTAT is proud to introduce the premier issue of ISTAT UPdate, a monthly eNewsletter that allows members to stay informed about timely industry and ISTAT topics and news on-the-go. Look for the eNewsletter each month to read ISTAT and industry news, as well as the lastest articles from Jetrader magazine, Foundation happenings, committee updates and professional development articles. Thanks for reading, and enjoy the first issue!

 

Don't forget to register for ISTAT Americas 2014 by 31 January to save up to $475! At the industry's foremost event, you can build your business for 2014, gather insight from leaders of the aviation industry and experience unique networking activities designed to facilitate business and deal making.

 

ISTAT members gathered around the world on 4 Dec. 2014 for the ISTAT Holiday Receptions that took place in New York, London and Tokyo. These relatively new events have gained popularity each year and have now become must-attend gatherings for ISTAT members during the holiday season. Relive the celebrations, or see what you are missing, by viewing photos from the December events.

 

ISTAT hosts three international events each year, as well as an airshow reception and chalet, which assembles industry executives representing manufacturers, appraisers, financiers, lessors, airline personnel, fleet managers and remarketers. Sponsors of each event reach a dedicated audience of industry professionals, providing you with the opportunity to showcase your company and reinforce your brand. A range of sponsorship levels are offered to make opportunities accessible to large companies and small.

 

 

Former ISTAT Scholarship recipient Lulu Ferdous was recently selected as one of 200,000 applicants to become a potential "human ambassador" on a proposed Mars One mission. Ferdous' goal is to be on the first team of astronauts to go to Mars in 2024. Since winning the ISTAT Scholarship as a student at the University of Nebraska from Bangladesh, Ferdous has interned with GECAS and NASA.

 

Aviation Without Borders (AWB) is an exciting UK aviation charity dedicated to providing humanitarian assistance through aviation services irrespective of politics, religion, race or nationality. The ISTAT Foundation partnered with AWB in November to distribute toys to nurseries and children centers in the Zaatari Syrian refugee camp in Northern Jordan. Look for an article in the upcoming Spring issue of Jetrader magazine for more details on the project. Click here to read AWB's recent newsletter.

 

The ISTAT Foundation fosters interest in, creates opportunities for and provides assistance to the global aviation community by offering scholarships, grants, internships and humanitarian aid worldwide. Learn more about the Foundation and how your donation can make a difference.

 

The November/December 2013 issue of Jetrader is available online. In this issue, enjoy photos and highlights from ISTAT Europe 2013, as well as a review of the Reno National Championship Air Races and an update on aircraft emissions regulations. Here’s a look at some of the content featured in this issue of Jetrader.

 

 

The Dallas Morning News Airlines are on the largest jet-buying spree in the history of aviation, ordering more than 8,200 new planes with manufacturers Airbus SAS and The Boeing Co. in the past five years. There are now a combined 24 planes rolling off assembly lines each week, up from 11 a decade ago. And that rate is expected to keep climbing.

 

Aviation Pros Hungary’s capital city airport is set to welcome a number of new airlines and further increase its route network during the S14 timetable. From the beginning of the summer season, Norwegian will be adding a fifth route to its Budapest network, launching a thrice-weekly service to London Gatwick.

 

Reuters India could ease restrictions that prevent some of its domestic airlines from flying on international services within a month, potentially benefiting start-ups set up by Singapore Airlines and Malaysia's AirAsia that aim to begin operations in 2014.

 

ISTAT University is a certification process that prepares students to become business executives within ISTAT member companies. It offers enrolled students (studying in a business degree with an aviation focus) an ISTAT curriculum that exposes students to the nuances of aviation finance. Universities provide the educational format while ISTAT members prepare a series of pre-recorded lectures on subjects directly related to our industry. In this format, ISTAT University is able to leverage the expertise and work universities already do – deliver directed content toward qualified students. Stay tuned for more information coming soon regarding the ISTAT University.

 

Financial Post What determines the probable future career success of individuals? Is it intelligence, technical knowledge and skills, their socio-economic background or educational success? Are the forces that make success the same for Generations X and Y as they are for the Baby Boomers? These questions have been researched extensively by recruiters, talent management experts and human behaviour researchers in the past decade. The answers now point to emotional competencies.

 

Business Insider Different cultures can have radically different leadership styles, and international organizations would do well to understand them. From structured individualism in the U.S. to ringi-sho consensus in Japan, the charts seem intuitively correct, if not unilaterally true across a country.

 

Management Issues The only thing that stays the same in business is change – and with the economy still uncertain, every day presents new challenges and opportunities. How managers adapt to the changing horizon can make the difference between surviving or thriving. In other words, the tried and true may have worked well up until now, but is it the best way to continue?