Aircraft lessors to continue to be impacted by scale and consolidation

Providing the right amount of value relative to other asset classes is a challenge for lessors

THE benefits of scale and the impact of consolidation will continue to shape the aircraft leasing industry over the coming decade, said Andy Cronin, chief executive of Avolon, the world’s second-largest aircraft lessor.

Cronin, Avolon’s helmsman with more than two decades of industry experience, said the benefits of scale are significant, particularly where the plane manufacturers are sold out for such a long time in advance.

He was in Singapore to attend the Airline Economics Singapore conference last week, and talked to The Business Times in a wide-ranging interview.

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