Andy Krantz, director of valuations at ACI Aviation Consulting, received his certification from the International Society of Transport Aircraft Trading (ISTAT) as an ISTAT-certified appraiser.
To earn ISTAT’s certified appraiser designation, candidates must sit for the four certification exams (appraisal, ethics and methodology, finance, and technical). Candidates must also have a minimum of five years of full-time professional experience in aviation-related activities.
In addition to earning his ISTAT certification, Krantz was also re-accredited for another five years by the American Society of Appraisers as an accredited senior appraiser (ASA) in July 2022. To meet the American Society of Appraisers’ re-accreditation requirements, designated members must submit evidence of professional growth through continuing education and participation in professional activities every five years. To earn a full five-year re-accreditation, 100 credit hours are required. Further, designated members must successfully complete their Uniform Standards of Professional Appraisal Practice (USPAP) continuing education requirement. Krantz completed and passed the exam for the 15-hour Uniform Standards of Professional Appraisal Practice course for personal property, gems and jewelry, and machinery and technical specialties in April of 2022.
Krantz is the 12th appraiser worldwide to be dually accredited/certified by both the American Society of Appraisers and International Society of Transport Aircraft Trading. Krantz joined ACI Aviation Consulting in 2018 and has more than a decade of experience advising clients within the aviation and finance communities. Krantz specializes in the valuation of aviation-related assets, market research and analysis.
