Aircraft Leasing Market projected to be worth USD 62,221.8 million by 2023, with a Booming CAGR of 4.75%

“Aircraft Leasing Market”
Market Research Future Published a Cooked Research Report, Global Aircraft Leasing Market Research Report – Forecast to 2023 – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.

Aircraft Leasing Market – Overview:

Market research future published a cooked research report global aircraft leasing market that contains the information from 2017 to 2023.  The Aircraft Leasing Market is expected to grow with the CAGR of approximately 4.75% from 2017 to 2023.

As per MRFR analysis, the global Aircraft Leasing Market has seen a potential growth over the last few years and is expected to witness a remarkable growth during the forecast period as several companies are opting for leasing of aircraft. The global aircraft leasing market is expected to reach USD 62,221.8 million by 2023 with a growing CAGR of 4.75%. The global aircraft leasing market is mainly influenced by the growing factors such as dominance of Irish and Chinese companies over the globe. Ireland is one if the major hub for aircraft leasing which has consumed around half of the market share of the global market. As a result, Europe has become the major revenue generator for the global market. Additionally, the rising demand for wet leasing market is also driving the market as several new airlines companies are coming into the market. Subsequently, the execution VAT on aircraft leasing has also boost up the market. On the other hand, the rising pricing of crude oil and complicated and unclear leasing regulations and taxation policies could affect the market growth of aircraft leasing market.

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The prominent players in the aircraft leasing market include AerCap, Air Lease Corporation, BOC Aviation, GECAS, BBAM, CIT Commercial Air, Aviation Capital Group, Boeing Capital Corporation, SAAB Aircraft Leasing, International Lease Finance Corporation and among others.

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Industry/ Innovation/ Related News:

February, 2018:- Aeroflot planned on signing a lease agreement with Rostec, for the purchase of50 MC-21-300 aircraft, worth over USD 5 billion. It was also reported that the aircraft would be integrated with 16 business class and 153 economy class seats.

January, 2018:- Oman Air had a lease agreement with Boeing in October 2015, for the delivery of 30 Boeing 737 MAX aircraft. The airline company received its first aircraft from Boeing, in January 2018.

November, 2017:- Air Transport Services Group, Inc. signed a lease agreement with Air Incheon for the delivery of one Boeing 767-300 converted freighter aircraft along with an option for a second. The aircraft deliveries are expected in 2018.

For the purpose of this study, MRFR has segmented the global aircraft leasing market into leasing type, aircraft type and region. On the basis of leasing type, the market has been divided into wet leasing and dry leasing. Wet leasing is dominating the global aircraft leasing market by type as several companies are opting for wet leasing as it comes with a shorter leasing period as compared to dry leasing. Whereas on the basis of aircraft leasing, the market has been divided into wide body aircraft and narrow body aircraft. Among these aircrafts, wide body aircraft consumed the largest market share in terms of value.

Geographically, the market has been divided into for major regions such as North America, Asia-Pacific, Europe and Rest of the World. Among these regions, Europe has come up as the leading region in terms of revenue. Presence of Irish companies and increasing attraction of other companies to start operations in Ireland is one of the major growing factors. However, Asia-Pacific is the second and fastest growing region followed by North America.

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global aircraft leasing market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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