Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide
  • Home
  • /
  • Aerospace
  • /
  • IBA fields the world’s largest team of senior certified ISTAT Appraisers

Aerospace

IBA fields the world’s largest team of senior certified ISTAT Appraisers

Specialist aviation consultancy, Leatherhead-based IBA Group, has become home to the world’s largest team of appraisal experts with the new qualification of Youcef Berour Minarr.

Berour Minarro (right)  joined IBA in 2015 as an aviation analyst within the Commercial Aviation Intelligence (CAI) department responsible for aircraft appraisals, market studies, consultancy, research and publications. In 2018, he was promoted to the position of Senior Analyst and he has now qualified as an International Society of Transport Aircraft Trading (ISTAT) Certified Appraiser.

Advertisement
Teledyne

Recent projects coordinated by Berour Minarro include management of several European airport slot transactions where airlines have been using their slot values for financing purposes. IBA was involved in the first ever transaction involving Virgin Atlantic using their LHR slots to raise funds for Boeing 787-9 purchases.  He also recently advised a Middle Eastern airline on the value of their fleet for value impairment purposes in compliance with IFRS requirements.

Berour Minarro feels that choosing to become an ISTAT Certified Appraiser develops many personal skills: “Being part of a society with more than 5,000 members including airlines, banks and leasing companies certainly allows great access and insight into market intelligence which allows an appraiser to be well informed. Nowadays the ability to field an ISTAT Certified Appraiser is becoming a stated requirement, and IBA’s expertise and services is in demand for increasingly complex projects. Ensuring an aircraft or fleet appraisal is provided by a credible source that abides by strict guidelines is comforting to lessors, airlines and banks alike.”

To become an ISTAT Certified Appraiser applicants must first enrol onto the ISTAT Appraiser Programme which has various requirements including education (Bachelor’s Degree) and requires a minimum of five years’ full–time employment in aviation–related business, of which no less than two years would be spent in accomplishing aircraft appraisals. Once enrolled, candidates must be an ISTAT member for one year and then take exams. “Youcef completed his exams at ISTAT Orlando in March 2019, and he passed all four written exams consisting of Finance, Technical, Appraisal and Ethics first time which is a great achievement” said ISTAT Fellow Phil Seymour, CEO of IBA.

Berour Minarro is responsible for IBA’s business jet and commercial aircraft appraisals as well as those for niche assets. His specialities include modelling, damage value diminution and intangible asset valuations such as airport landing and departure slots. Youcef also acts as writer for various industry publications including Air Finance Journal.

Advertisement
DSEI 2025

Berour Minarro graduated from Kingston University in 2014 with a Bachelor of Science (BSc) Honours Degree in Aircraft Engineering. In conjunction with his degree, Youcef completed an exclusive EASA B1 Aircraft Engineering License course at KLM UK Engineering Technical College (EASA Part 147 Approved) at Norwich Airport making him a part-qualified EASA Part 66 B1 Licensed Aircraft Engineer. Most recently, Youcef completed an Aviation Auditor Training course in Germany.
Prior to working at IBA, Berour Minarro worked as a Flight Data Analysis Engineer at Muirhead Avionics (Ametek MRO) where he analysed Flight Data Recorders.

IBA’s team of ISTAT Appraisers includes:                 
-    Phil Seymour (Chief Executive Officer) – ISTAT Appraiser Fellow
-    Dr Stuart Hatcher (Chief Operating Officer) - Senior ISTAT Certified Appraiser
-    Mike Yeomans (Head of Valuations) – Senior ISTAT Certified Appraiser
-    Alice Gondry (Head of Data Intelligence Services) – Senior ISTAT Certified Appraiser
-    Jonathan McDonald (Head Analyst – Commercial and Ageing Aircraft) – Senior ISTAT Certified Appraiser
-    Youcef Berour Minarro (Senior Analyst) – ISTAT Certified Appraiser


 

Advertisement
PTC PTC
Manchester Airport has busiest ever June

Aerospace

Manchester Airport has busiest ever June

11 July 2025

More than three million passengers travelled through Manchester Airport last month – the first time the UK’s global gateway in the North has passed that mark in June.

Lane Electronics to showcase defence connectivity at MSPO

Aerospace Defence Events

Lane Electronics to showcase defence connectivity at MSPO

11 July 2025

Lane Electronics, a franchised distributor for many of the industry’s major electrical, electronic and optical connector manufacturers, will be Exhibiting at MSPO 2025 (2nd–5th September 2025, Kielce, Poland), where they will be displaying the latest connector innovations and demonstrating their UK based assembling and value add services.

LK Metrology acquires ProCon X-Ray

Aerospace

LK Metrology acquires ProCon X-Ray

11 July 2025

Best known as a manufacturer and global supplier of coordinate measuring machines (CMMs) and more recently laser scanning sensors, Castle Donington based LK Metrology Ltd has acquired ProCon X-Ray GmbH, a specialist German manufacturer of computed tomography (CT) systems.

Titan Airways adds first Embraer E190LR to its fleet

Aerospace

Titan Airways adds first Embraer E190LR to its fleet

11 July 2025

Stansted based European charter airline, Titan Airways, has announced that it had completed the purchase of its first Embraer E190LR regional jet.

Advertisement
Gulfstream RT
Flitetec secures two distribution agreements

Aerospace Defence Events

Flitetec secures two distribution agreements

11 July 2025

Amersham based aerospace business Flitetec, has confirmed two major deals that it shook on at the recent Paris Air Show.

IFS appoints Kriti Sharma as CEO of Nexus Black

Aerospace Security

IFS appoints Kriti Sharma as CEO of Nexus Black

11 July 2025

IFS has appointed Kriti Sharma as CEO of IFS Nexus Black. This strategic move reinforces IFS’s commitment to industrial AI and fast-tracks the development of agentic AI systems designed for the asset- and service-intensive industries it serves.

Advertisement
ODU RT