Aviation Business News

Latest financial modelling deals sees Miagen leasing portfolio surpass €100bn value

Aviation finance modelling technology firm Miagen is now responsible for one-in-five of leased aircraft globally.

The firm is responsible for financial modelling of a fleet of aircraft worth more than €100 billion, following the closure of its latest deals including with lessor Azorra.

Approximately half of the global commercial aircraft fleet is leased from lessors to airlines that are looking for more flexibility and less financial risk.

More than 50% of aircraft leasing companies are based in Ireland and the global market is expected to grow from $183 billion in 2024 to $402 billion by 2032.

Miagen’s LeaseGen financial planning and analysis tool has been developed specifically for some of the world’s largest aircraft leasing companies.

Miagen claims to serve around 30% of future orders from aviation giants Boeing and Airbus.

Brian Byrne, Miagen chief operating officer, said: “Ireland’s dominance in the aircraft leasing industry is remarkable – and growing. We are the global epicentre for leasing companies, which has been of huge benefit to our economy, as well as the accessibility of air travel.

“At Miagen, we have built an invaluable tool for lessors worldwide, and we are continuing to invest in it to ensure we are giving leasing companies the smartest, most accurate insights available.

“Through these insights, we are supporting the growth of a €183BN global industry and playing a significant role in helping Ireland’s aircraft leasing industry to grow.”

LeaseGen’s helps operators to drive better financial decisions by allowing lessors to assess multiple complicated financial scenarios for an individual aircraft or portfolio.

This helps them to secure financing while minimising risks related to variables such as lease rates and interest rates.

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