As Ireland’s aircraft leasing industry approaches its fortieth year, the angle of ascent is rising
When a young executive in Ireland’s flagship carrier Aer Lingus came up with the idea of capitalising on different seasonal usage patterns of owned aircraft assets in different global regions, culminating in a lease with Air Siam, little did he know that he would be the founder of the world’s first giant aircraft leasing company, GPA, which in turn set the wheels in motion of an industry based in Ireland that today counts some 40 players in aircraft leasing alone. Our timeline takes us from 1974 to the latest establishments, in recent months, Doric in listed aircraft leases, and Waypoint in helicopters.

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