KPMG optimistic on long-term outlook for aircraft leasing and Ireland’s place at its centre

Despite turbulence ahead, global air travel is showing a stronger recovery than anticipated

Joe O’Mara, head of aviation finance at KPMG, speaks at the company’s Aviation Finance Executive Dinner in The Westin, Dublin, last month

While the pandemic created challenges aviation hadn’t seen before, KPMG believes that the strong recovery in global air travel gives significant cause for optimism, even with worrying macro headwinds on the horizon.

“We’ve seen a stronger bounce back in air travel than was generally expected,” said head of aviation finance and tax partner, Joe O’Mara. “Globally, as restrictions lifted, demand surged. Based on current growth rates, air travel is expected to return to 2019 levels ...