ISTAT 24TH ANNUAL CONFERENCE. Let s Talk Airplanes! FINAL PROGRAM March 2007 JW Marriott Desert Ridge Resort & Spa Phoenix, Arizona

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ISTAT 24TH ANNUAL CONFERENCE FINAL PROGRAM Let s Talk Airplanes! 11-13 March 2007 JW Marriott Desert Ridge Resort & Spa Phoenix, Arizona Presented by the International Society of Transport Aircraft Trading

Welcome to the ISTAT 24th Annual Conference GENERAL CONFERENCE INFORMATION Admission and Onsite Registration Members must wear name badges to gain access to all educational sessions and events. Receive your name badge at the registration desk in the Grand Sonoran Foyer. Onsite registration is also available; attendees may pay by credit card, check or cash during the times listed below. Registration Hours Sunday 4:00 p.m. 8:00 p.m. Monday 7:00 a.m. 6:30 p.m. Tuesday 7:30 a.m. 4:30 p.m. Companion Registration Last minute spouse registrations for dinners and tours may be made during the conference. A combined package for dinners and spouse tours is available for $350 USD, and dinners only are $200 USD. Take an up-close and personal look at some of the area s highly regarded artists on the Desert Artist Studio Tour and learn about the history of Cave Creek on Monday. On Tuesday, experience the sights and sounds of the Sonoran Desert in a four-wheel desert safari with an experienced guide. Media Table Trade publications will be available at the designated media table in the ballroom foyer. Outside of this area, media may not distribute magazines or marketing materials without the express written permission of ISTAT. 2

SCHEDULE AT A GLANCE Special thanks to the following major sponsors of the ISTAT 24th Annual Conference Saturday, 10 March 2007 4:30 p.m. 6:30 p.m. ISTAT Foundation Board of Trustees Meeting Sunday, 11 March 2007 7:00 a.m. 3:00 p.m. ISTAT Foundation Golf Tournament 1:30 p.m. 5:00 p.m. Appraisers Continuing Education 2:30 p.m. 5:00 p.m. ISTAT Board of Directors Meeting 4:00 p.m. 8:00 p.m. Registration Open 6:00 p.m. 8:00 p.m. Opening Night Reception Monday, 12 March 2007 7:00 a.m. 6:30 p.m. Registration Open 8:00 a.m. 9:00 a.m. Continental Breakfast 9:00 a.m. 10:00 a.m. Opening of Conference, e, Educational Session 10:00 a.m. 10:30 a.m. Coffee Break 10:30 a.m. 12:00 p.m. Educational Sessions 12:00 p.m. 2:00 p.m. Lunch 2:00 p.m. 4:00 p.m. Educational Sessions 4:00 p.m. 4:30 p.m. Afternoon Networking & Refreshments 6:00 p.m. 8:00 p.m. Reception 10:00 p.m. Club ISTAT Tuesday, 13 March 2007 7:30 a.m. 4:30 p.m. Registration Open 8:00 a.m. 9:00 a.m. Continental Breakfast 9:00 a.m. 9:15 a.m. Appraiser Program Update 9:15 a.m. 10:45 a.m. Educational Session 10:45 a.m. 11:15 a.m. Coffee Break 11:15 a.m. 12:00 p.m. Educational Session 12:00 p.m. 2:00 p.m. Lunch 2:00 p.m. 4:30 p.m m. Educational Sessions 4:30 p.m. 5:00 p.m. Afternoon Networking & Refreshments 6:00 p.m. 7:00 p.m. Cocktail Reception 7:00 p.m. 10:00 p.m. President s Gala Dinner Note: Schedule subject to change. Current as of 23 February 2007. 3

SCHEDULE OF EVENTS MONDAY, 12 MARCH 2007 Financing the New Aircraft Needs Sponsored by Aviation Capital Group Opening of Conference and Welcome New Aircraft Program Afternoon Networking & Refreshments Sponsored by Q Aviation TUESDAY, 13 MARCH 2007 Sponsored by Morten, Beyer & Agnew New Aircraft Programs Sponsored by CIT Appraiser Program International Board of Governors Chairman s Update Aircraft Valuation Panel Sponsored by Lufthansa Technik The Effect of Consolidation on the World Fleet 4 Sponsored by Morten, Beyer & Agnew

New Aircraft Programs Operating Lessors Panel Sponsored by GE Commercial Aviation Services The Role of Airline Groups During the Life of an Airplane Afternoon Networking & Refreshments Sponsored by Pratt & Whitney NETWORKING EVENTS Visit with old friends and make new ones during the ISTAT 24th Annual Conference nightly receptions. Don t miss these special events during the conference. ISTAT Foundation Golf Tournament Sunday, 11 March 2007, 7:00 a.m. 3:00 p.m. Sponsored by AVITAS and Sage-Popovich Golf hole sponsors: AerCap; Aergo Capital; AeroDirect; AirCapital Aviation Services; AirCastle; AMS Aircraft Limited; Automatic LLC; AVITAS; BCI; Bristol Associates; CIT; DVB Bank; ERSTE Bank; Fafinski Mark & Johnson; Guggenheim; Jetlease; Jetscape; Milbank, Tweed, Hadley & McCloy; Q Aviation; Ramius Capital Group; Sage- Popovich; SH&E; Steven and Chris Udvar-Hazy; Vedder Price; Vx Capital Partners All net proceeds will benefit the ISTAT Foundation, which was founded in 1994 to provide funds for scholarships, educational programs and grants to qualified individuals and institutions that promote the advancement of commercial aviation and humanitarianism. This year, the Foundation awarded 17 scholarships. Visit the Foundation booth to meet six of our scholarship recipients and for more information on how to contribute. Opening Night Reception Sunday, 11 March 2007, 6:00 p.m. 8:00 p.m. Ballroom Lawn Sponsored by Boeing Reception Monday, 12 March 2007, 6:00 p.m. 8:00 p.m. Pool Deck Sponsored by Embraer Club ISTAT Monday, 12 March 2007, 10:00 p.m. Meritage Steakhouse Sponsored by Automatic LLC, Bombardier and FedEx Join the ISTAT band seriously, bring your axe, pick up a mic and join your fellow ISTAT members as we rock the house! Cocktail Reception Tuesday, 13 March 2007, 6:00 p.m. 7:00 p.m. Grand Sonoran Ballroom Foyer Sponsored by International Lease Finance Corporation President s Gala Dinner Tuesday, 13 March 2007, 7:00 p.m. 10:00 p.m. Grand Sonoran Ballroom Sponsored by AerCap Table sponsors: AerCap; Airbus; Automatic LLC; Aviation Capital Group; AVITAS; AWAS; Boeing; Bombardier; CIT; DVB Bank; Embraer; FedEx; GE Commercial Aviation Services; International Lease Finance Corporation; Jetworks Leasing Company; JPMorgan; Lufthansa Technik; Morton, Beyer & Agnew; Pratt & Whitney; Q Aviation; RBS Greenwich Capital; Rolls-Royce; Sage-Popovich; SH&E; Universal Asset Management; Vedder Price Join us in honoring ISTAT Award recipient Wolfgang Mayrhuber, Chairman of the Executive Board & CEO, Deutsche Lufthansa AG. Mr. Mayrhuber is responsible for the aviation group, which includes approximately 90,000 employees worldwide in the Passenger Business, Logistics, MRO, Catering, Leisure Travel and IT Services segments. Simultaneously, he heads Lufthansa s passenger airlines. Mr. Mayrhuber receives this year s award by demonstrating innovation, entrepreneurship and leadership over the course of his distinguished career. 5

SPONSORS Thank you to all of our sponsors for your support and participation. Gala Dinner, s Sunday Night Reception, s Monday Reception, Monday Lunch, s Tuesday Lunch, s Tuesday Reception, s Golf Tournament, Golf Tournament, s Documentation, Club ISTAT, Monday Breakfast, Tuesday Breakfast, Morning Breaks on Monday and Tuesday, Afternoon Break on Tuesday, Speaker Gifts, s Speaker Expenses, Audio/Visual Services Automatic, LLC Club ISTAT, Golf Hole, AWAS s Bristol Associates Golf Hole DVB Bank s Fafinski, Mark & Johnson Law Firm Golf Hole FedEx Club ISTAT,, Golf Hole JetWorks Leasing Company s JPMorgan Merrill Lynch Hotel Key Cards Q Aviation Afternoon Break on Monday, RBS Greenwich Capital Rolls-Royce Scholarship Accommodations, Simat, Helliesen and Eichner (SH&E) Universal Asset Management Board of Directors Dinner, Vedder Price Registration Services, 6 Note: Current as of 23 February.

EXHIBITORS The Aircraft Group www.theaircraftgroup.aero ISTAT Appraiser Program www.istat.org/appraisers.html Pratt & Whitney www.pw.utc.com Aircraft Management Solutions www.amsbv.com The ISTAT Foundation www.istat.org/foundation.html Precision Conversions, LLC www.precisionconversions.com Alcoa-SIE Cargo Conversions www.alcoa-sie.com Jetrader www.istat.org/library.html Quiet Wing Corporation www.quietwing.com Ascend Worldwide www.ascendworldwide.com The Longbow Group, LLC www.thelongbowgroup.com TES Aviation Group www.tes-uk.com Flight Reed Business Information www.flightglobal.com PEMCO World Air Services www.pemcoaviationgroup.com 7

JW Marriott Desert Ridge Resort & Spa Meeting Facilities International Society of Transport Aircraft Trading 401 N. Michigan Ave., Suite 2200 Chicago, Illinois 60611 USA Tel +1.312.321.5169 Fax +1.312.673.6579 E-mail istat@istat.org Web site www.istat.org JOIN US IN 2008 FOR THE ISTAT 25TH ANNUAL CONFERENCE 9-11 March 2008 Orlando, Florida 8