Expanding the aviation industry, growing construction activities of new airport and aerodromes along with the rise in global air travel rate is the major factors driving the market growth. The rise in passenger traffic followed by increased frequency of cargo aircraft is further pushing the market growth. Additionally, low interest and lease rates along with the rising demand of low-cost carriers are the traits boosting market growth. Moreover, increased investment of the existing players in leasing and procurement of aircraft is likely to augment market growth in forecasting period.
NARROW BODY AIRCRAFT DOMINATED THE AIRCRAFT TYPE
Narrow body aircraft led the segment and is expected to reach USD XX MN by end of 2028. Narrow body aircraft offers better route-flexibility and are cost-effective than wide-body aircraft is driving the segment growth. Also, high demand of narrow-body aircraft for short to medium range travel followed by high production rate is pushing the segment growth uphill.
DRY LEASE EMERGED AS THE LEADING LEASING TYPE
Dry lease dominated the segment and is assumed to reach USD XX MN by end of 2028. Since dry leasing leads to the reduction in expenditure for training personnel and aircraft maintenance, it is contributing majorly to market growth.
TOP-TIER LED THE AIRLINE SEGMENT
Top-tier airlines emerged as the leading segment and are expected to maintain its dominance over the forecast period owing to rising expenditure from government-owned airlines services. Growing number of passenger traveling through top-tier owned services and having a history of low default risk is another factor that propels the demand.
ASIA PACIFIC LED THE GLOBAL AIRCRFAT LEASING MARKET
In 2022, Asia Pacific dominated the regional market and is anticipated to reach USD XX.X million by end of the year 2028. Expanding the aerospace industry coupled with the presence of major players especially in China is driving the market growth. Also, China is a potential hub for commercial aircraft leasing is boosting the regional market growth.
RENT DOMINATED THE REVENUE SOURCES
Rent led the revenue sources and is expected to reach over USD XX MN by end of the year 2028. Owing to tax benefits and reduced need for capital associated with rent, it has driven the market growth. Also, flexibility on rent payments, extendibility of lease and maintenance agreements are fueling the segment growth.
MAJOR PLAYERS OF THE MARKET
Major vendors of the aircraft leasing market are AerCap Holdings NV, ALAFCO Aviation Lease, And Finance Company K.S.C.P., Ansett Worldwide Aviation Services (AWAS), Bbam LLC, BOC Aviation, Boeing Capital Corporation, GE Capital Aviation Services, SAAB Aircraft Leasing and SMBC Aviation Capital.
As per this study, the Global Aircraft Leasing Market is presumed to reach the market size of nearly USD 367.35 MN by 2030 from USD 170.5 MN in 2022 with a CAGR of 10.07% under the study period 2023 - 2030.
Aircraft leasing is an alternative to purchasing aircraft. Basically, it is a transfer of aircraft by the lessor (owner) to the lessee. Most of the airlines operate their business by taking aircraft on lease to offer the services to passengers. The high cost associated with the aircraft turns the focus on rental based aircraft service. According to FAA (Federal Aviation Administration), aircraft leasing is classified as dry leases and wet leases. In dry leasing, the lessor provides the only aircraft to lessee while in the wet leases, the lessor provides aircraft with crews, maintenance, insurance etc.
Market Dynamics
The reduced interest rates, lease rates and the growth of low-cost carriers (LCC's) are the major driving forces behind the uprising aircraft leasing market. Moreover, the anticipated increase in passenger traffic, freighter aircraft and developing airports in the emerging economies are fuelling the growth of this market. However, the growth of this market is passenger dependent and can fluctuate with the increasing or decreasing traffic. Overall, the global aircraft leasing market will be experiencing a huge growth in the coming future.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of aircraft leasing.
Market Segmentation
The broad aircraft leasing market has been sub-grouped into aircraft type, lease type, airlines, and revenue sources. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Aircraft Type
By Lease Type
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for aircraft leasing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Aircraft Leasing Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Aircraft Leasing market includes AerCap (GECAS) (Ireland), Avolon (Ireland), BBAM (U.S.), Nordic Aviation Capital (Ireland), SMBC Aviation Capital (Ireland), ICBC Leasing (China), BOC Aviation (Singapore), Air Lease Corporation (U.S.), DAE Capital (UAE), Boeing Capital Corporation (U.S.). An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . AIRCRAFT LEASING – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Aircraft Type
3.7.2 Market Attractiveness Analysis By Lease Type
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL AIRCRAFT LEASING MARKET ANALYSIS BY AIRCRAFT TYPE
5.1 Overview by Aircraft Type
5.2 Historical and Forecast Data
5.3 Analysis by Aircraft Type
5.4 Narrow Body Historic and Forecast Sales by Regions
5.5 Wide Body Historic and Forecast Sales by Regions
5.6 Regional Aircraft Historic and Forecast Sales by Regions
6 . GLOBAL AIRCRAFT LEASING MARKET ANALYSIS BY LEASE TYPE
6.1 Overview by Lease Type
6.2 Historical and Forecast Data
6.3 Analysis by Lease Type
6.4 Wet Lease Historic and Forecast Sales by Regions
6.5 Dry Lease Historic and Forecast Sales by Regions
6.6 Damp Lease Historic and Forecast Sales by Regions
7 . GLOBAL AIRCRAFT LEASING MARKET ANALYSIS BY GEOGRAPHY
7.1. Regional Outlo ...
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