Molecular oxygen can replace sacrificial olefins as the hydrogen acceptor in the palladium trifluoroacetate catalyzed dehydrogenation of cyclohexene and related cyclic olefins into aromatics. One of the major drawbacks of the homogeneous system is the tendency of the palladium trifluoroacetate to precipitate as palladium(0) at elevated temperatures. The use of better ligands affords catalysts that can operate at higher temperatures, although they are less reactive than palladium trifluoroacetate