spudfan Posted April 28, 2017 Share Posted April 28, 2017 Never knew this was an Irish registered company. http://www.railwaygazette.com/news/business/single-view/view/mrce-sells-diesel-locomotives.html Quote Link to comment Share on other sites More sharing options...
jhb171achill Posted April 28, 2017 Share Posted April 28, 2017 I suppose it shows how much "big finance" is global now...... Quote Link to comment Share on other sites More sharing options...
MOGUL Posted April 28, 2017 Share Posted April 28, 2017 Funnily enough about 50% of leased aircraft in the world are Irish owned.. i would guess that the rail figure would be lower but there's still probably more Irish owned locos that belong to leasing companies than to Irish rail, NIR, ITG and RPSU combined! Quote Link to comment Share on other sites More sharing options...
murrayec Posted April 28, 2017 Share Posted April 28, 2017 Hi I believe its the same in the shipping world, a lot of boats are owned by Irish companies and leased out!! Eoin Quote Link to comment Share on other sites More sharing options...
jhb171achill Posted April 28, 2017 Share Posted April 28, 2017 So it's a "flag of convenience" thing... Quote Link to comment Share on other sites More sharing options...
richrua Posted April 28, 2017 Share Posted April 28, 2017 Yea my friends brother used to work for Ryanair as a technician . Now he works in Dublin in an aeroplane leasing company. He told me all about it at a stag do a couple of years ago. Apparently it is big business and has generated a lot of jobs here - not just a tax write off thing at all apparently. Quote Link to comment Share on other sites More sharing options...
Glenderg Posted April 28, 2017 Share Posted April 28, 2017 The flyover gig a few years ago in dublin with the A380 was a sales pitch . Aircraft leasing is big business, going back to Guinness Peat Aviation. Issue is that when a large company buys a couple of billion of boeing/airbus through here, it screws up our GNP, even if we get very little from it, and results that we have to pay more to the EU, as it looks like we're making a lot of coin on the books. Quote Link to comment Share on other sites More sharing options...
Colin R Posted May 21, 2017 Share Posted May 21, 2017 Now this is going to screw someone somewhere in the next couple of years, lots of late nights in the government buildings all around Europe what with Brexit (I will shut up on this now) about to happen. Colin Quote Link to comment Share on other sites More sharing options...
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