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TheInternational Society of Transport Aircraft Trading (ISTAT) is a non-profitaviation industry association. Founded in 1983, ISTAT is dedicated to fostering and promoting interest and educational opportunities incommercial aviation, while also providing a forum fornetworking among those involved in the industry.
ISTAT currently has more than 1800 members worldwide involved in operating, manufacturing, maintaining, selling, purchasing, financing, leasing, appraising, insuring or otherwise engaging in activities related to commercialtransport category aircraft.
ISTAT is governed by its bylaws and the volunteer ISTATBoard 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 andhumanitarian aid worldwide.
The Foundation awards more than $250,000 inscholarships, grants and humanitarian efforts annually to recipients around the world. Grants are awarded to institutions involved in both elementary andhigher education as well as to humanitarian organizations. Scholarships have been presented to students from the U.S., U.K., Turkey,The Netherlands, China, Germany, Australia, and Kenya. The Foundation’s most recently establishedinternship program matches aviation-focused college students to internship positions open at ISTAT member companies.
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 airlinetransport 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.
The ISTAT European Conference occurs each autumn, at different European locations. The 2009 European Conference was held October 11–13 inDubrovnik, Croatia.
Annually, ISTAT hosts receptions at (or near) selectedair shows, including Dubai (2023), Singapore (when?), Farnborough (2018), and Paris (2023).[1]
