At the end of last year, Peter Barrett, the chief executive of SMBC Aviation Capital, sat down with Joe O’Mara, a partner in KPMG with a speciality in aviation. It was a wide-ranging podcast which feeds into the accountancy firm’s annual Aviation Industry Leaders Report. About 30 minutes in, Barrett gave a hint of his ambition for the company to grow organically and through acquisition. He predicted that mid-sized aircraft leasing firms – 100 to 200 aircraft – might get swallowed up in time as the sector consolidates around a number of mega-lessors. “I think that zone of the market…
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