McGrath pledges support for Irish-based aircraft leasing firms

Irish-based firms now account for a 60% share of the total global leasing market, and include 19 of the world's 20 largest leasing giants, according to new report

Finance Minister Michael McGrath: 'Government will continue to support the industry and take actions to ensure Ireland remains the leading worldwide hub for aviation leasing firms long into the future.'

Finance Minister Michael McGrath has welcomed a PwC report showing aircraft leasing firms based in Ireland have grown staff numbers to almost 8,600, despite the pandemic and economic shocks from the war in Ukraine. 

"Government will continue to support the industry and take actions to ensure Ireland remains the leading worldwide hub for aviation leasing firms long into the future," Mr McGrath said.