Miagen’s financial planning solution, LeaseGen, is now providing financial modeling for one in five global leased aircraft. This means the profitability of over $108 billion in leased aircraft profitability is modeled by Dublin-based Miagen.
On Wednesday (October 23, 2024), Miagen announced that following recent business gains, their LeaseGen financial planning solution is now providing profitability modeling for over $108 billion in leased aircraft, representing one in five of the total global leased aircraft fleet. Through LeaseGen, Miagen is currently serving approximately 30 percent of future Boeing and Airbus orders. Miagen is the leader in financial modeling technology solutions and recently closed a number of new deals, including with Florida and Dublin bases lessor Azorra.
In Wednesday’s announcement, Miagen’s COO, Brian Byrne, 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.”
Around half of the global commercial aircraft fleet is leased from lessors to airlines, ensuring greater fleet flexibility and less financial risk. With over 50 percent of aircraft lessors based in Ireland, the country is recognized worldwide as the industry powerhouse. The global aircraft leasing market is projected to grow from $183 billion in 2024 to $402 billion by 2032. Miagen’s LeaseGen financial planning and analysis tool is custom built for each aircraft lessor, enabling them to realize the maximum value from their assets.
Miagen is a consultancy firm that specializes in agile business planning solutions that empower finance to lead by using real-time business and industry insights. The company has developed industry-specific solutions that enhance business performance by unlocking a competitive edge.
Source: Miagen / Comit Communications & Marketing Limited
To our valued readers: We have decided to enhance our visitor experience by eliminating user-targeted ads across our platform (excluding select static display ads). In order to make up for lost revenue, we are transitioning to a reader supported model, without a paywall, annoying pop-ups, or a required subscription. We thank you for your generous support!