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Ireland can’t afford to throttle back on aircraft leasing – it’s a global success story

  • Date: Tue, Feb 4, 2025

By Sandra O'Connell, contributor to The Irish Times

Ireland is the leading centre for aircraft leasing worldwide, with a 65 per cent share of the global market. More than 50 aircraft leasing companies are based here, including 14 of the world’s top 15 lessors. It is estimated that an Irish-leased aircraft takes off somewhere in the world every two seconds…

For Ireland, aircraft leasing has been an exceptional success.

“Where we are is a very rare place for Ireland to be in any sector – that is, the number one, the biggest, the most important,” says John Cotter, professor in finance and chair in quantitative finance at University College Dublin.

This article was part of the Irish Times Special Report on Aviation Finance published on January 30, 2025. Read the full article here. 

Additional: Read Professor John Cotter’s contributions in ‘Aircraft repairs take off as Ireland’s aviation industry flourishes’.

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