EXHIBIT 23.1 ACCOUNTANTS' CONSENT We consent to the incorporation by reference in this Registration Statement on Form S-8 pertaining to the International Aircraft Investors 1997 Employee Stock Option and Award Plan of our report dated January 31, 1997, except the third paragraph of Note 9 which is as of March 4, 1997 and Note 5 which is as of March 26, 1997, included in the Prospectus of International Aircraft Investors dated November 5, 1997. KPMG PEAT MARWICK LLP Los Angeles, California February 13, 1998