International Society of Transport Aircraft Trading
|This article relies too much on references to primary sources. (September 2009)|
The International Society of Transport Aircraft Trading (abbreviated ISTAT) is a non-profit aviation industry association. Founded in 1983, ISTAT is dedicated to fostering and promoting interest and educational opportunities in commercial aviation, while also providing a forum for networking among those involved in the industry.
ISTAT currently has more than 1700 members worldwide involved in operating, manufacturing, maintaining, selling, purchasing, financing, leasing, appraising, insuring or otherwise engaging in activities related to commercial transport category aircraft. ISTAT is governed by its bylaws and the volunteer ISTAT Board of Directors, which is composed of and elected by the members.
The ISTAT Foundation fosters interest in, creates opportunities for, and provides assistance through the global aviation community by offering scholarships, grants, internships and humanitarian aid worldwide.
The Foundation awards more than $250,000 in scholarships, grants and humanitarian efforts annually to worthy recipients around the world. Grants are awarded to institutions involved in both elementary and higher education as well as to humanitarian organizations. Scholarships have been presented to students on an international stage with recipients from the U.S., U.K., Turkey, The Netherlands, China, Germany, Australia, and Kenya. The Foundation’s most recently established internship program matches aviation-focused college students to internship positions open at ISTAT member companies.
ISTAT Certified Appraisers’ Program
ISTAT has established rigorous testing and qualification standards for members who are engaged in appraising aircraft and support equipment. Within ISTAT is a core group of professional aircraft appraisers who work cooperatively for the elevation of the appraisal profession within the world aviation community. Each ISTAT member, who has satisfactorily demonstrated that he or she is qualified to appraise airline transport aircraft, has been granted the right to use one of the ISTAT professional designations, established by ISTAT and predicated upon a set group of criteria.
Annual U.S. Conference
Each spring, the aviation industry comes together at the ISTAT Annual U.S. Conference, where delegates gain access to key insights from the leaders and influential members of the aviation industry. The 2010 Annual Conference will be held March 14–16 in Orlando, Florida.
Annual European Conference
The ISTAT European Conference provides a more intimate gathering of aviation professionals each autumn, set at different European locations. The 2009 European Conference will be held October 11–13 in Dubrovnik, Croatia.
Air Show Receptions
Annually, ISTAT hosts receptions at selected air shows, which take place at distinctive venues around the globe, including Dubai, Singapore, Farnborough, and Paris.
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