Market Overview:
The global aviation 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 aviation leasing market can be attributed to the increase in demand for air travel, rise in passenger traffic, and growth of the airline industry. Based on type, the aviation leasing market is segmented into dry leasing and wet leasing. Dry leasing is further classified into short-term lease and long-term lease. Wet leasing is further classified into ACMI (aircraft component management) lease and block charter lease. Based on application, the aviation leasing market is segmented into wide body aircraft (WA), narrow body aircraft (NA), very large aircraft (VLA), business jet (BJ), and others.
Product Definition:
Aviation leasing is the process of obtaining an airplane or helicopter through a lease agreement. The importance of aviation leasing is that it provides an opportunity for businesses and individuals to obtain the use of an aircraft without having to purchase it. This can be beneficial for those who do not have the funds available to outright purchase an aircraft, or for those who only need access to an airplane or helicopter on a temporary basis.
Dry Leasing:
Dry leasing is a form of aircraft rental where the lessee does not have any rights to or interests in the lease asset and is merely responsible for paying rent for using the assets under lease. The lessor purchases the assets from an original equipment manufacturer (OEM) and then leases them to an aviation company, which may be a airline, discount airline service provider or another commercial passenger & cargo flying company.
Wet Leasing:
Wet leasing is a type of aircraft leasing in which the lessor leases the aircraft with all its accessories and options from the lessee. In wet leasing, lease payments are made directly to the lessor and not to airline operators. The lessee must make sure that it has enough liquidity or financial resources to pay for its lease commitment as well as any additional costs that may arise during the lease period.
Application Insights:
The wide body aircraft application segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The growth can be attributed to an increase in demand from major airlines including American Airlines, British Airways, Cathay Pacific, Finnair, Japan Airlines (JAL), LAN Chile and Lufthansa among others.
Wide body aircraft are typically leased with a term of 12 to 24 months depending upon its size and usage pattern as well as its fuel efficiency which enables operators fill up empty seats on these planes thereby increasing their revenues by several thousand dollars per flight hour. In addition, widebody leasing has been gaining popularity due to various benefits such as flexible operating cost structure that enables lessor-less debtor optimization while obtaining maximum revenues; operational flexibility offered through utilization of different types including wet lease; reduced capital expenditure required for purchasing an airplane; ability to utilize existing airport facilities resulting in increased competition between airports regarding offering better terms for aircraft parking etc.
Regional Analysis:
Asia Pacific aviation leasing market is expected to witness significant growth over the forecast period. The regional growth can be attributed to increasing demand for aircraft financing in emerging economies, such as China and India. In 2016, Asia Pacific accounted for a share of more than 30% of the total revenue generated by aviation leasing globally. Moreover, rising disposable income coupled with growing business process outsourcing (BPO) sector in these countries is anticipated to fuel the demand further over the next eight years.
The European region dominated by nations such as Germany and U.K., which are among top five global exporters of general aviation aircraft; has also witnessed an increase in sales activities across all segments including light single-engine planes through wet lease agreements since past few years owing to dearth of new aircraft deliveries from OEMs or original equipment manufacturers (OEMs).
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 markets.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) has led to an increase in demand for aircraft leasing as these airlines prefer leased aircraft over owned aircraft, as it allows them to keep their costs down.
- Expansion of airport infrastructure: Airport infrastructure is expanding rapidly across the world, especially in developing countries, which is leading to an increase in demand for new aircrafts and related services such as leasing and maintenance/repair/overhaul (MRO).
- Technological advancements: Aircraft manufacturers are introducing new technologies such as fuel-efficient engines and lightweight materials that are helping reduce operating costs and improve performance metrics, thereby driving demand for newer generation aircrafts leased by airlines worldwide. 5 Emerging economies: The aviation industry is witnessing strong growth rates in emerging economies such as China, India, Brazil etc., which offers significant opportunities for players operating in the aviation leasing market
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Leasing Market Research Report
By Type
Dry Leasing, Wet Leasing
By Application
Wide Body Aircraft (WA), Narrow Body Aircraft (NA), Very Large Aircraft (VLA), Business Jet (BJ)
By Companies
AerCap, BBAM, CIT Commercial Air, GECAS, SMBC Aviation Capital, KSCC, ILFC, BOC Aviation, SAAB Aircraft Leasing, CMB Financial Leasing, Minsheng Financial Leasing, ICBC Financial Leasing, CDB Leasing
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Leasing Market Report Segments:
The global Aviation 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 Aircraft (WA), Narrow Body Aircraft (NA), Very Large Aircraft (VLA), Business Jet (BJ)
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
- BBAM
- CIT Commercial Air
- GECAS
- SMBC Aviation Capital
- KSCC
- ILFC
- BOC Aviation
- SAAB Aircraft Leasing
- CMB Financial Leasing
- Minsheng Financial Leasing
- ICBC Financial Leasing
- CDB Leasing
Highlights of The Aviation 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 Aircraft (WA)
- Narrow Body Aircraft (NA)
- Very Large Aircraft (VLA)
- Business Jet (BJ)
- 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 Aviation 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.
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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?
Aviation leasing is a type of lease in which an aircraft is leased to a customer for a period of time. The customer may use the aircraft for business or pleasure purposes.
Some of the major players in the aviation leasing market are AerCap, BBAM, CIT Commercial Air, GECAS, SMBC Aviation Capital, KSCC, ILFC, BOC Aviation, SAAB Aircraft Leasing, CMB Financial Leasing, Minsheng Financial Leasing, ICBC Financial Leasing, CDB Leasing.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aviation 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 Aviation Leasing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation 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 Aviation 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 Aviation Leasing Market Size & Forecast, 2020-2028
4.5.1 Aviation Leasing Market Size and Y-o-Y Growth
4.5.2 Aviation 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 Aircraft (WA)
6.2.2 Narrow Body Aircraft (NA)
6.2.3 Very Large Aircraft (VLA)
6.2.4 Business Jet (BJ)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation 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 Aviation 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 Aircraft (WA)
9.10.2 Narrow Body Aircraft (NA)
9.10.3 Very Large Aircraft (VLA)
9.10.4 Business Jet (BJ)
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 Aircraft (WA)
10.10.2 Narrow Body Aircraft (NA)
10.10.3 Very Large Aircraft (VLA)
10.10.4 Business Jet (BJ)
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 Aircraft (WA)
11.10.2 Narrow Body Aircraft (NA)
11.10.3 Very Large Aircraft (VLA)
11.10.4 Business Jet (BJ)
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 Aircraft (WA)
12.10.2 Narrow Body Aircraft (NA)
12.10.3 Very Large Aircraft (VLA)
12.10.4 Business Jet (BJ)
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 Aircraft (WA)
13.10.2 Narrow Body Aircraft (NA)
13.10.3 Very Large Aircraft (VLA)
13.10.4 Business Jet (BJ)
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 Aviation Leasing Market: Competitive Dashboard
14.2 Global Aviation Leasing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AerCap
14.3.2 BBAM
14.3.3 CIT Commercial Air
14.3.4 GECAS
14.3.5 SMBC Aviation Capital
14.3.6 KSCC
14.3.7 ILFC
14.3.8 BOC Aviation
14.3.9 SAAB Aircraft Leasing
14.3.10 CMB Financial Leasing
14.3.11 Minsheng Financial Leasing
14.3.12 ICBC Financial Leasing
14.3.13 CDB Leasing
