The Swiss company set up a Dublin base several years ago but the operations never fully took off. Now the company is shutting down the Irish subsidiary.
The lessor has settled with Nordwind and a Russian insurer for €91m in a dispute over five aircraft that were stranded in Russia since the start of the Ukrainian war.
The $28.2 billion takeover of Air Lease Corporation by a SMBC-led consortium marks one of the biggest shifts in global aircraft leasing — and firmly places Dublin at the heart of the industry’s future.
Irish entities for Carlyle Aviation Partners have ramped up their legal action against cash-strapped Air Sénégal, claiming arrears and damages over the alleged unpaid use of four Airbus.
Aircraft leasing is one of Ireland’s greatest economic success stories, but global competition is heating up. To stay ahead, policymakers must double down on what works.
Aircraft repair company Ascent Aviation is pursuing money and the right to seize planes in the US courts but the liquidation proceedings of Russian owner GTLK is causing lengthy delays.
Chief executive Jeff Lewis speaks to The Currency about being the “new kid on the block” in the leasing business and where Ireland fits into its plans.
KPMG's latest annual Aviation Leaders Report 2025 takes the pulse of an industry that had its fair share of headwinds, from supply headaches to environmental rules, but it is an industry positive about the future.
Ireland's top dog status in aircraft leasing has so far proved unassailable to competitors in Hong Kong, Singapore and now India. Major legal players in the industry analyse the inputs to this incredible success story and where it might go from here.
The airline recently raised more than $300m from institutional investors to, among other issues, settle disputes with Irish lessors through “amicable negotiations”.
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