Targeting ‘rich’ may hurt aircraft leasing firms

The $100bn (€75bn) a year global aircraft leasing industry rolls in to Ireland again this week as two keynote conferences take place in Dublin.

Targeting ‘rich’ may hurt aircraft leasing firms

These bring together about 1,000 delegates who, more importantly than attending presentations, conduct deals to finance the world’s commercial aviation sector. This industry is posing important questions for the new Ireland.

Commercial aviation is growing each year as demand for air travel expands in line with GDP. It has been doing this for over 40 years and recent economic expansion in so-called “developing” economies has augmented that trend. This pull from consumers drives demand for aircraft.

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