In this episode of Aviation Global Leaders, we’re joined by Norm Liu, CEO of Nordic Aviation Capital (NAC), a leading aircraft leasing firm managing a fleet of 230 aircraft valued at over $3 billion. Liu provides a detailed look at the current state of the aviation industry, from strong demand outpacing pre-pandemic levels to the challenges of geopolitical tensions and supply chain disruptions. He discusses how delays from Boeing and Airbus are affecting lease rates and why the trading market remains active. Liu also shares his views on the importance of scale and niche strategies, and what a cautiously optimistic 2025 might look like for the sector.

In this episode of Aviation Global Leaders, we speak with Greg Conlon, CEO of High Ridge Aviation, about the company’s asset management platform, which has quickly gained traction since its launch two years ago in partnership with PIMCO. Conlon shares his insights into the aviation market’s recovery post-COVID, highlighting regional variations such as Southeast Asia’s slower rebound due to debt and state aid issues. He also discusses the impact of cost pressures, supply chain challenges, and his optimistic outlook for aviation’s future, driven by global GDP growth and interest rate cuts. Tune in for a deeper look at the dynamic forces shaping the aviation sector today.

Welcome to the latest episode of the Aviation Global Leaders podcast. Today, we’re joined by James Meyler, CEO of ORIX Aviation, who shares his expert perspective on the aviation market's performance in 2025 in a conversation with Joe O’Mara, Head of Aviation Finance at KPMG. From the industry’s return to normal demand patterns and global profits projected at $20 billion to insights on the US oversupply, low-cost carrier success, and Asia’s strong recovery, Meyler dives deep into the trends shaping aviation. He also discusses the resilience of the aviation debt market, rising lease rates, and the push towards new technology aircraft and renewable energy investments. Stay tuned for this must-listen episode.

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.

Welcome to another episode of Aviation Global Leaders, brought to you by Airline Economics and KPMG. Today, Joe O’Mara, Head of Aviation Finance at KPMG, is joined by Peter Barrett, CEO of SMBC Aviation Capital, who discusses the evolving aircraft leasing landscape. From navigating the shift from post-COVID recovery to the challenges of supply chain issues, Peter offers valuable insights on the resilience of the aviation industry, the importance of ESG, and the potential for consolidation in the leasing market. As we look toward 2025, Peter’s optimistic outlook provides a fresh perspective on the future of aviation finance. Stay tuned for an in-depth conversation with one of the industry’s top leaders.

Welcome to the Aviation Global Leaders podcast series, where we bring you exclusive insights from the industry's top executives. In this episode, Aengus Kelly, CEO of AerCap, explores the key challenges facing aviation in 2025 in a conversation with Joe O’Mara, Head of Aviation Finance at KPMG. From labour cost inflation squeezing margins to the impact of new technologies on fleet reliability, Kelly breaks down how airlines and lessors are adapting to a dynamic marketplace. Tune in for a deep dive into the trends driving lease rates, the resilience of aviation debt markets, and the consolidation shaping the leasing sector. This is a conversation you don’t want to miss.

Welcome to another episode of the Aviation Global Leaders Podcast, brought to you by Airline Economics and KPMG. In this episode, we sit down with Benyamin Ismail, CEO of AirAsia X, who shares how the airline has rebounded post-COVID with strong yields, a simplified corporate structure, and ambitious growth plans. From expanding into new regions to renewing its fleet with cutting-edge Airbus models, AirAsia is positioning itself for continued success. Tune in to hear how AirAsia is navigating the road to recovery and shaping the future of aviation.

In this episode of the Aviation Global Leaders podcast, Vinodh Srinivasan, Managing Director, Co-Head of the Structured Credit Group at Mizuho, in conversation with Joe O’Mara, Head of Aviation Finance at KPMG, discusses the strong performance of aircraft lessors over the past 12 to 18 months. Srinivasan explains how favourable lease rates and reduced spreads have supported the market, despite the operational challenges posed by ongoing supply chain issues. He predicts a prolonged recovery for new aircraft deliveries but expects lease rates to remain resilient, even amidst interest rate volatility. Srinivasan also highlights Mizuho’s role in supporting lessors through unsecured debt and warehouse facilities, noting that spreads for unsecured debt have reached all-time lows. The ABS market continues to be a vital part of aviation finance, with $6 billion in issuance so far this year, and alternative lenders are playing a growing role in the face of supply chain disruptions. He also touches on the differences in ESG compliance between the US and European markets. Tune in for a deep dive into the state of aviation finance and the factors shaping its future.

In this episode of the Aviation Global Leaders podcast, Olivier Trauchessec, Head of Global Aviation at MUFG, discusses the post-pandemic recovery of the aviation industry with Joe O’Mara, Head of Aviation Finance at KPMG. Trauchessec notes the strong rebound by 2023 across most regions, with the exception of China, and highlights the challenges facing the industry, including overcapacity, cost pressures, and ongoing aircraft delivery delays. He also shares his outlook for 2025, identifying the Middle East and Russia-Ukraine conflict as key concerns. Additionally, Trauchessec discusses the impact of interest rate cuts on financing costs and the resurgence of the competitive ABS market. He emphasises MUFG's commitment to being a relationship-focused solution provider and expresses optimism for the future of the aviation sector, despite potential challenges on the horizon. Tune in for this comprehensive look at the current and future state of aviation finance.

In this episode of the Aviation Global Leaders 2025 podcast, we’re thrilled to bring you an in-depth conversation between Joe O’Mara, Head of Aviation Finance at KPMG, and Mark Streeter, Head of Aviation Credit Research at JP Morgan. Streeter offers a comprehensive analysis of the 2024 airline landscape, highlighting the strength of high-margin carriers like Delta and United, the challenges facing low-cost operators such as Spirit, and the impact of supply chain constraints on aircraft production. With an eye on 2025, he predicts a positive trajectory for the industry despite economic and geopolitical uncertainties. Tune in for expert insights on the future of aviation.