The aircraft leasing market seems to be fragmenting almost as quickly as it is consolidating these days. With leasing executives heading off from the larger players to form their own boutique shops, the universe of small lessors is expanding, while the middle-size players with money on the hip are eagerly shopping around for the perfect partners to add to their burgeoning platforms. As part of the Airline Economics and KPMG Aviation Industry Global Leaders report, AerCap CEO Aengus Kelly says that he foresees a “snowball effect” for consolidation in the leasing market as smaller companies viewing the latest consolidation deals begin
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