Market Overview:
The global aircraft leasing market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for air travel, rising number of aircraft deliveries, and growing fleet size. The global aircraft leasing market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into dry leasing and wet leasing. Dry leasing refers to lease agreements where lessees are responsible for all aspects related to operating an aircraft except for providing fuel and crew. Wet leasing refers to lease agreements where operators provide not only crew but also fuel and other services related to airline operations. On the basis of application, the market is segmented into wide body and narrow body segments. Wide body segments include Airbus A380s & Boeing 747s while narrow body segments include Airbus A320 family & Boeing 737 family planes. The regional analysis covers North America (U S), Latin America (Brazil Mexico), Europe (Germany France U K Spain Italy Rest Of Europe), Asia Pacific (China Japan India South Korea Rest Of Asia Pacific) And Middle East Africa(GCC Countries Turkey Israel South Africa Rest Of MEA).
Product Definition:
Aircraft leasing is a form of financing for the purchase or lease of an aircraft. The lessee can be an airline, corporation, or private individual. Aircraft leasing became popular in the late 1970s and early 1980s as a way to finance new aircraft purchases.
Dry Leasing:
Dry leasing is a form of aircraft leasing where the lessor does not provide any equipment or facilities and the lessee must provide all maintenance, fuel, and other services. The lessor purchases the right to use the aircraft from an owner/manufacturer who usually lives in another country. In return for this service, he/she gets a rent paid in advance along with an option to buy the aircraft at a later date.
Wet Leasing:
Wet leasing is a type of aircraft leasing in which the lessor leases the aircraft with an option to purchase it at a pre-determined price at the end of the lease. In wet leasing, there are two types of agreements: fixed price and variable price. The lessor can choose either variable or fixed pricing depending on various factors such as market conditions, time remaining in lease, etc.
Application Insights:
The wide body segment accounted for a significant share of the overall revenue in 2017. The growth can be attributed to an increase in demand for widebody aircraft from major carriers, such as American Airlines, Delta Air Lines and United Airlines. In addition, increasing utilization of widebody aircraft by low-cost carriers such as Southwest Airlines is expected to drive the segment further.
The narrow body application segment is expected to witness considerable growth over the forecast period owing to increased utilization of narrowbody aircraft by regional airlines and low-cost carriers on secondary routes between major airports across various regions. For instance, easyJet operates around 1,200 Airbus A319/A320 jets across Europe out of which around 60% are used on short-distance routes covering less than 100 miles making them ideal candidates for leased operations.
Regional Analysis:
North America dominated the aircraft leasing industry in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for air travel coupled with rising investments in new aircraft. For instance, as per Boeing's 2015 shareholders letter, the company is investing USD X trillion from 2014 to 2019 in its business including new sales and delivery of commercial planes.
Asia Pacific market for aircraft leasing is anticipated to witness significant growth over the next eight years owing to increasing demand from low-cost carriers such as AirAsia X and Malaysia Airlines along with other airlines flying between Asia-Pacific countries such as China, Japan, South Korea etc. In addition, growing trade relations between India & Australia are expected boost passenger traffic on these routes which will further drive regional market growth during 2018 - 2030 period.
Growth Factors:
- Increasing demand for air travel: The global air travel market is expected to grow at a CAGR of 6.4% from 2016 to 2021. This growth is primarily driven by the increasing number of passengers travelling by air and the rise in disposable income levels in emerging economies.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) has led to an increase in the demand for aircraft leasing as these airlines prefer leasing aircraft instead of purchasing them outright due to their lower capital expenditure requirements.
- Expansion of airport infrastructure: Airport infrastructure is being expanded rapidly across the world, especially in emerging economies, which is leading to an increase in the number of flights and, consequently, the demand for aircraft leasing services.
- Rise in fuel prices: A sharp rise in fuel prices can lead airlines to lease more aircraft as it becomes economically unviable for them to purchase new planes or upgrade their existing fleet with more fuel-efficient models when faced with high jet fuel costs.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Leasing Market Research Report
By Type
Dry Leasing, Wet Leasing
By Application
Wide Body, Narrow Body
By Companies
AerCap, Air Lease Corporation, BOC Aviation, GECAS, BBAM, CIT Commercial Air, Aviation Capital Group, Boeing Capital, SAAB Aircraft Leasing, International Lease Finance Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Leasing Market Report Segments:
The global Aircraft Leasing market is segmented on the basis of:
Types
Dry Leasing, Wet Leasing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wide Body, Narrow Body
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AerCap
- Air Lease Corporation
- BOC Aviation
- GECAS
- BBAM
- CIT Commercial Air
- Aviation Capital Group
- Boeing Capital
- SAAB Aircraft Leasing
- International Lease Finance Corporation
Highlights of The Aircraft Leasing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Leasing
- Wet Leasing
- By Application:
- Wide Body
- Narrow Body
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Leasing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft leasing is a business model in which an aircraft manufacturer leases its products to airlines, government agencies, or other customers. The customer pays the aircraft manufacturer for the use of the aircraft and typically has a long-term agreement with the airline or other customer.
Some of the major companies in the aircraft leasing market are AerCap, Air Lease Corporation, BOC Aviation, GECAS, BBAM, CIT Commercial Air, Aviation Capital Group, Boeing Capital, SAAB Aircraft Leasing, International Lease Finance Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Leasing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Leasing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Leasing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Leasing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Leasing Market Size & Forecast, 2020-2028
4.5.1 Aircraft Leasing Market Size and Y-o-Y Growth
4.5.2 Aircraft Leasing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dry Leasing
5.2.2 Wet Leasing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Wide Body
6.2.2 Narrow Body
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Leasing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Leasing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dry Leasing
9.6.2 Wet Leasing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Wide Body
9.10.2 Narrow Body
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dry Leasing
10.6.2 Wet Leasing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Wide Body
10.10.2 Narrow Body
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dry Leasing
11.6.2 Wet Leasing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Wide Body
11.10.2 Narrow Body
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dry Leasing
12.6.2 Wet Leasing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Wide Body
12.10.2 Narrow Body
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dry Leasing
13.6.2 Wet Leasing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Wide Body
13.10.2 Narrow Body
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Leasing Market: Competitive Dashboard
14.2 Global Aircraft Leasing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AerCap
14.3.2 Air Lease Corporation
14.3.3 BOC Aviation
14.3.4 GECAS
14.3.5 BBAM
14.3.6 CIT Commercial Air
14.3.7 Aviation Capital Group
14.3.8 Boeing Capital
14.3.9 SAAB Aircraft Leasing
14.3.10 International Lease Finance Corporation
