1 Exhibit 23.5 INDEPENDENT AUDITORS' CONSENT To the Board of Directors Of AerCo Limited (the "company") As independent public accountants, we hereby consent to the use of our reports dated December 2, 1997 included in the Prospectus, which is part of this Registration Statement, and to all the references to our firm included in or made a part of this Registration Statement on Form F-4 (file no. 333-66973) of AerCo Limited. /s/ Arthur Andersen Arthur Andersen Chartered Accountants St Helier, Jersey January 26, 1999