Welcome to the latest instalment of the Aviation Global Leaders series, presented by Airline Economics and KPMG. In today’s video, we sit down with Norm Liu, CEO of Nordic Aviation Capital (NAC), to discuss the current state of the aviation industry and what the future holds. With a fleet of 230 aircraft valued at over $3 billion, NAC is a major player in the market. Liu shares his insights on strong airline demand, rising lease rates driven by Boeing and Airbus delays, and the ongoing geopolitical and supply chain challenges. He also discusses the importance of scale and niche strategies in aviation finance, and offers a cautiously optimistic outlook for 2025.