The Irish arm of aircraft leasing firm, Aercap last year plunged into the red with losses of $75m (€65.89m) in spite of revenues jumping by 30%.
Cork Airport should position itself as a global aircraft leasing hub to take advantage of the multi-billion euro industry, according to European Affairs Minister Dara Murphy.
Aircraft leasing remains at full throttle in Ireland as fresh investment and new orders continue to drive momentum in the sector.
Next week two major aviation finance conferences take place in Dublin, writes Joe Gill.
Irish-based aircraft leasing company Avolon expects its initial public offering to be priced at between $21 and $23 per common share.
Aviation is vitally important to the health and trajectory of the Irish economy relative to most other countries.
American International Group is set to sell nearly all of ILFC, the world’s second-largest plane-leasing business, to a Chinese consortium for up to $4.8bn (€3.7bn), giving the fastest growing aviation market easier and cheaper access to planes.
DUBLIN based aircraft leasing companies RBS Aviation Capital and AWAS could be merged in a €4.5 billion deal.
AIRCRAFT leaser AWAS has acquired an Airbus A319-100 and an Airbus A320-200 from International Lease Finance Corporation. The aircraft are powered by IAE V2500 engines.
Thursday, September 24, 2020 - 6:00 PM
Thursday, September 24, 2020 - 7:00 PM