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Aircraft Leasing firms are surveyed under the BOP45 survey which is intended to cover the activities of Banks, Asset Finance Companies, Securities Trading Companies, Agency and Captive Treasury Companies and similar Financial Services Companies which provide internationally traded financial services. This Balance of Payments survey contributes to the data that feeds our macroeconomic results. In addition, monthly sales and purchases of aircraft by Aircraft Leasing firms are recorded in the Aircraft Transaction Register Survey. Although the aircraft are located around the world, they are deemed to be assets of firms resident in Ireland under Eurostat legislation governing International Trade in Goods (for more see Moving to a Transfer of Economic Ownership Basis for Trade in Aircraft).
Data have been suppressed where there is a risk of the disclosure of data relating to an individual firm.
Data for the Employment and Earnings chapter was previously gathered using annual P35 files. This has been replaced with monthly PMOD (PAYE Modernisation) files. PMOD was introduced in 2019, hence, the Employment and Earnings chapter covers developments in the industry from 2019 to 2024.
Not all surveyed employees had completed 52 weeks of work for a particular year. Due to the inability to distinguish between salary, overtime and bonus, it was deemed inaccurate to annualise these salaries. Instead, the number of full-time equivalents was calculated for the year, by adding up all weeks worked and dividing by 52. However, this is subject to some error as it was not possible to account for differences in hours between workers, i.e. full-time workers from part-time workers. If a week was completed, it was deemed to have been a full week.
The maximum numbers of weeks allowed per individual was 52 as there were instances where an employee had worked for a number of different employers and had completed more than 52, weeks on aggregate in a single year. Pensioners were removed.
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