Deloitte taking aviation clients to new heights

With profits expected to grow for the fifth year in a row, the industry is proving attractive to new investors

Pieter Burger, partner in financial services tax at Deloitte

Deloitte expects 2016 to be the fifth consecutive year of improving profits in the global air transport industry due mainly to sustained low oil prices, continued strong demand for air travel and low interest rates.

“New market entrants into the aircraft leasing space have, however, resulted in increased competition and a decrease in lease rate factors,” said Pieter Burger, partner in financial services tax at Deloitte.

“Given the improved profitability prospects for the ...