Key figures in aviation and aircraft leasing gathered last week for the 20th Global Airfinance conference, a meeting held annually in Dublin connecting global market participants with C-suite executives from airlines, leasing companies, financial institutions and investment houses to facilitate aircraft deals and build business relationships.
Lessors and the airline industry have enjoyed the guts of eight years of growth which is almost unprecedented in a cyclical industry where the next shock wave is never really on the radar, it just arrives. In the past 17 years, the 9/11 terror attacks, the global financial meltdown and high oil prices from 2011 to 2014 have all played havoc with the airline sector. The argument goes that the airlines which survived are now more resilient and better equipped to survive if things go sour.
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