Welcome to the latest episode of the Airline Economics and KPMG’s Aviation Global Leaders podcast series, where Joe O’Mara, Head of Aviation Finance at KPMG, is joined by Andy Cronin, CEO of Avolon, who shares insights on the company’s growth and strategic outlook for 2025. With the largest order book of any lessor, Avolon has seen a significant increase in demand for aircraft, with 200 new aircraft ordered in 2023 alone. Andy discusses the impact of supply chain delays, including challenges with steel availability and certification processes, as well as the rise in lease rates. Looking ahead, Avolon is focusing on sustainability and aims to have 75% of its fleet made up of new technology aircraft by 2025. Tune in for a deep dive into Avolon’s bold plans for the future and how it’s navigating the evolving landscape of the aviation market.