global leaders in aviation finance aircraft leasing
TRANSCRIPT
Global Leadersin Aviation Financekpmg.ie/aviation
Why IrelandSince the creation of Guinness Peat Aviation (GPA) in the 1970’s, Ireland has been a centre of excellence in aviation finance and leasing, with an extensive number of skilled arrangers, managers and advisors based here. More than half of the world’s leased aircraft are leased from Ireland. Most significant transactions in the sector have involved Irish leasing companies. The industry looks set to grow further, with very large orders being placed by Irish lessors.
The Irish Government’s ongoing commitment to maintaining competitiveness is evidenced in the recent introduction of the ‘Aviation Act’, which came into force in July 2014. This Act, should enable investors to benefit from ‘Alternative A’ type protection in the Cape Town Convention. These changes combined with the deep pool of expertise and attractive tax regime, continue to make Ireland the preferred choice.
Ireland as a location for fleet procurement & managementAirlines can yield significant savings by locating fleet procurement and management operations here. Ireland is already home to a number of airlines operating captive lease and fleet procurement businesses.
Ireland as a location for vendor financeIreland is an ideal location for vendor financing operations, with a number of manufacturers having established operations here. The combination of expertise in international finance and aviation make Ireland a very compelling country in which to base vendor financing programmes.
Choose KPMGBased in Ireland, KPMG has been the leading adviser to the international leasing industry for over 30 years. We are globally recognised as the Aviation Finance and Leasing Centre of Excellence with an incomparable scale and depth of experience within the sector.
We provide a range of audit, tax and advisory services and can assist across a range of issues. No matter what stage your company is at, we have the expertise to help you.
KPMG Ireland is the leading transaction advisory firm in the global aviation finance market
u We are the only professional services firm identified in the “AirFinance Power 30” list of companies that make an essential contribution to aviation finance. To qualify, all companies had to meet one test: if they went out of business would the market feel a significant loss?
u We have the biggest concentration of aircraft leasing clients of any firm in the world, including the major deal-makers and deal-doers in the global aviation finance market.
u We have advised on transactions in over 150 countries.
The experience within our team is second to none
u KPMG Ireland is recognised as being the Centre of Excellence in the provision of services to the aviation finance and leasing sector.
u We have approximately 150 people, including over 15 partners heavily involved in the sector.
u We have drawn on broad client experience to develop and enhance our service offerings.
u We have developed in-depth financial, taxation, strategic and operational capabilities in your marketplace.
“When you are advising practically every lessor in Ireland, you are a key player”AirFinance Journal – Power 30
Our services include
Tax & LegalCorporate and financing structures
Leasing structuresTax reporting & disclosures
Transfer pricingJurisdictional analysis
Tax opinionsEmployee tax
Investor taxDue diligence
Documentation reviewsCompany secretarial services
Company incorporation
Audit & AssuranceObjective reviews and audits
Assessment of riskRecommendations for operational improvements
Accounting opinions and comfort lettersTechnical accounting advice
Stock exchange and regulatory reportingInvestor-financier mandated reviews
Securitisation servicesComfort letters and net worth reporting
IFRS/US/PRC-GAAP conversion services
AdvisoryDue diligence
Mergers & acquisitionsFinancial forecast modelling
Securitisation and transaction modellingRisk & pricing modelling
Fleet analysisGovernance and controls
Financial and operational process improvementIT systems design and implementation
Corporate restructuringFundraising
Data migrationInternal audit
Forensic services
Our clients include
uAccipiter/Cheung KonguACGuAerCap uAerDragonuAergenuAergo Capital uAerSale uAerVenture uAFCuAir Lease CorpuAirbus Financial ServicesuAircastle uAirplanes GroupuAirspeed uALAFCOuAldusuAlize Worldwide LtduAmedeouAmentum Capital Limited uApollo Aviation Group uASL Aviation GroupuAVIC International LeasinguAvolon uAWAS uBanc of America Leasing uBBAMuBlackrockuBlade Engine SecuritisationuBOC Aviationu BoCommuCastlelake uCCB Leasing InternationaluCDB LeasinguChina Aircraft Leasing LtduCMB Financial LeasinguCentury Tokyo LeasinguChalleyuCHC HelicopteruCityjetuDoric Asset FinanceuDP AircraftuDVBuEADSuEirtech AviationuEirTradeuElix AviationuEngine Lease Finance uEtihaduFLY Leasing uFuyo General Lease CompanyuGalaxy AviationuGA TelesisuGECAS
uGOALuGoshawk uGTLKuGuggenheim uIAE uICBC LeasinguIntrepid AviationuInvestec uIrelandia AviationuJackson Square AviationuJetscape uKahala AviationuKG Aircraft LeasinguKillick AerospaceuKorean Air uLease Corporation
InternationaluLighthouse AviationuLobo LeasinguMacquarie uMagellan AiruMagnetar uMCAPuMilestone AviationuMinsheng Commercial AviationuMitsubishi UFJuMitsuiuNEC Leasing uNord LBuNordic Aviation uNorwegian Air ShuttleuNovusuOakhilluOdyssey Aviation uORIX Aviation uRotor Engines SecuritizationuRyanairuSaudiauSeaburyuSeraphuShenton Aircraft
Investment Ltd uSky HoldingsuStandard ChartereduTFM AviationuTriton Aviation/
Worldstar AviationuViva AerobusuVolito uVolito Goldman Sachs uWaypointuWillis LeaseuWoodcreek
Killian CrokeLead Audit Partner Aviation Finance and Leasing T: +353 (1) 410 2446 E: [email protected]
© 2016 KPMG, an Irish partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. The KPMG name and logo are registered trademarks of KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Ireland. (1360)
KPMG Aviation Finance and Leasing Contacts
Tax Audit
To find out more about how we can assist, call one of our professionals today.
Ian NelsonAudit PartnerT: +353 (1) 410 1989E: [email protected]
Jed KellyTax DirectorT: +353 (1) 410 1370E: [email protected]
Advisory
Brian DalyTax Partner T: +353 (1) 410 1278E: [email protected]
Michael DaughtonAdvisory Partner T: +353 (1) 410 2965E: [email protected]
Paul DobeyHead of Risk ManagementT: +353 (1) 410 1152 E: [email protected]
Alan BoyneTransaction Services PartnerT: +353 (1) 410 2645E: [email protected]
Brian Brennan Tax Partner T: +353 (1) 410 2145E: [email protected]
Ivor ConlonAudit Partner T: +353 (1) 410 1454E: [email protected]
Seamus HandHead of Financial Services TaxT: +353 (1) 410 1437 E: [email protected]
Denis Casey Transaction Services Director T: +353 (1) 410 1418E: [email protected]
Barrie O’ConnellAudit PartnerT: +353 (21) 425 4577 E: [email protected]
Tom WoodsPartner Head of Aviation Finance and LeasingT: +353 (1) 410 2589 E: [email protected]
Declan KeaneLead Advisory Partner Aviation Finance and Leasing T: +353 (1) 410 1335E: [email protected]
Darina Barrett Partner Head of Financial Services MarketsT: +353 (1) 410 1376E: [email protected]
Gareth BryanTax Partner T: +353 (1) 410 2434E: [email protected]
Eoin O’Lideadha Corporate Finance Partner T: +353 (1) 410 1349E: [email protected]
Patrick Farrell Risk Consulting Partner T: +353 (1) 700 4029E: [email protected]
Colm RogersTax Partner T: +353 (1) 410 2166E: [email protected]
Sean O’KeefeAudit PartnerT: +353 (1) 410 1241E: [email protected]
Conor O’BrienHead of Tax & Legal ServicesT: +353 (1) 410 2027 E: [email protected]
Ailbhe KennyAudit DirectorT: +353 (1) 410 2404 E: [email protected]
Gillian Kelly Partner T: +353 (1) 410 1120E: [email protected]
Kieran O’Brien Managing Director ConsultingT: +353 (1) 410 2456E: [email protected]
kpmg.ie/aviation