05 March 2018
Over the past 40 years, aircraft leasing in Ireland has grown from niche market to multi-billion euro industry. Ireland is home to 14 of the world’s top 15 leasing companies and accounts for over 40% of the world’s fleet of leased aircraft, and together Irish-based lessors manage more than €100 billion in aircraft assets. The country is, without doubt, the leading global centre for aircraft leasing, and according to recent PwC research this sector is worth more than €500 million to Ireland’s economy. But, following the recent legislative changes in Hong Kong and Singapore, is there a threat on the horizon?
On the Institute of Directors in Ireland blog this week, First Names Group’s Joanne McEnteggart discusses the emergence of aircraft leasing hubs in Asia from an Irish perspective.
Joanne McEnteggart is Managing Director of First Names Group’s Irish corporate services business. She leads a dedicated team in the delivery of bespoke fiduciary and corporate administration services to leasing companies and special purpose vehicles (SPVs) incorporated across a number of jurisdictions for the structuring of aircraft financing transactions.
This article has been issued by First Names Management Limited on behalf of certain companies that form part of First Names Group. The article has been prepared for general circulation to clients and intermediaries, and does not have regard to the particular circumstances or needs of any specific person who may read it. Nothing in this article constitutes legal, accounting, tax or investment advice.
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