Plane sailing: Maintaining the talent pipeline in aviation
A range of degree and diploma courses aimed at the aviation sector are now on offer, and there’s likely to be plenty of job opportunities for graduates
Despite the hammer blow wielded by Covid-19, Ireland still remains a key player in the global aviation leasing and finance industry. However, complacency would be a mistake at this juncture as new countries look to compete for market share. Political stability, cost, ease of conducting business and talent will ultimately be the key differentiators for Ireland to continue to protect and grow its share in the global leasing market.
A range of degree and diploma courses aimed at the aviation sector are now on offer, and there’s likely to be plenty of job opportunities for graduates
Advances notable in areas like sustainable aviation fuel but production low in the context of industry requirements
Industry has been facing an unprecedented challenge in asset recovery of aircraft and parts, with complex and costly litigation and no guarantee of success
Significant maintenance, repair and overhaul services on offer, but recruitment and retention of key personnel vital to success
The aviation leasing sector helped customers to survive Covid shutdowns via innovative solutions such as rescheduling leases, offering sale and lease back deals on airline assets and other measures
Visionary Tony Ryan's GPA effectively become the mother lode that fuelled the growth and development of the aviation leasing industry to this day
Rise of green bonds reward environmental initiatives, such as improvements in fuel efficiency, with cheaper loans
It is estimated that over half of the global aviation fleet is leased, and Irish-based companies account for 50% of the market
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It is estimated that more than 50 per cent of all commercial aircraft in service around the world are leased
Pandemic had a particularly negative effect on maintenance industry, causing many people to switch careers
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Aviation finance, which provides high value to the Irish economy, is a competitive market for talent and practitioners are seeking to hire the best
Ireland offers an existing skilled workforce of aviation engineers, mechanics and technicians
Industry has come through the two major challenges of Covid-19 and Russia’s Ukraine invasion, but has nevertheless shown resilience
After the pandemic came fuel-price pressures and the invasion of Ukraine
From management with pilot studies to aviation finance - the range is vast
Ireland leads in aircraft leasing but how quickly industry will recover is unknown
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More private equity money and investor capital exploring resilient aviation sector
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The common denominator in attacks is organisations failing to train their people
Pandemic hit the sector hard but for investors, it is starting to spread its wings again
Post-pandemic activity depends on factors such as recovery speed in various markets
Advantages like taxation, networks and human capital make country well placed for future
Airlines’ recovery as we emerge from crisis will depend on their original financial health
Home working has propelled sector towards less stressful professional practices
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Innovations in new aircraft materials and technologies helping but bumpy ride ahead
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