Aircraft Leasing Market To Accrue USD 62,221.8 Million by 2023 At A CAGR of 4.75%; Asserts MRFR

“Aircraft Leasing Market”
Aircraft Leasing Market Information Report, By Aircraft Type (Wide Body and Narrow Body), By Lease Type (Dry Leasing and Wet Leasing) and By Region – Forecast To 2023

Market Highlights:

Aircraft Leasing refers to the renting of aircraft on a contract basis, allowing airline companies and other aircraft operators to procure the aircraft on the lease without actually having to purchase them outright. This further helps in reducing the financial burden while increasing the number of aircraft. Aircraft Leasing also provides the convenience of choosing the lease period. For instance; wet leasing is for a shorter period, and, dry leasing is for longer leasing period.

Hence, Aircraft Leasing perceives a wide adoption from a number of airlines companies and financial investors. Over the last few years, airlines companies are increasingly switching to leasing an aircraft instead of outright buying them. Resultantly, there has been a significant increase in the leasing deals. These factors cumulatively, support the market growth, making the Aircraft Leasing market among one of the most recognized markets across the globe.

Acknowledging the kind of traction the market is witnessing currently, recently Market Research Future (MRFR) published a study report foretelling the growth prospects of the market up to 2023. In its study report, MRFR asserts that the global Aircraft leasing market will reach USD 62,221.8 Million by 2023, registering 4.75% CAGR during the forecast period (2017 – 2023). 

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Major Key Players


Air Lease Corporation,

BOC Aviation,



CIT Commercial Air,

Aviation Capital Group,

Boeing Capital Corporation,

SAAB Aircraft Leasing,

International Lease Finance Corporation and among others

As per MRFR analysis, the aircraft leasing market 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%.


MRFR has segmented the report into three key dynamics for the convenience of the report. 

By Aircraft Types: Comprises Wide body Aircraft, and Narrow body Aircraft.

By Lease Type               : Dry Leasing and Wet Leasing and others.

By Regions      : North America, Europe, APAC and Rest of the World.

Regional Analysis

Europe region dominates the global aircraft leasing market with the largest share. Factors substantiating the market growth include resurging economy and the presence of some leasing companies in the region.  Ireland, among the other European countries, accounts for the major contributor to the regional market growth. Ireland is the hub for aircraft leasing, consuming almost 50% of the total market share. And, out of 15 global lessors 14 global lessor operates from Ireland. As a result, Europe has become the major revenue generator for the global market.

Asia-Pacific accounts for the second-largest market for aircraft leasing owing to the emergence of several start-up companies in India, China, Malaysia, and Indonesia among others.

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Industry/ Innovation/ Related News:

May 04, 2018 – Nordic Aviation Capital (NAC – Denmark), a leading regional aircraft leasing company announced its office expansion at Limerick’s Henry St.

May 17, 2018 – Nordic Aviation Capital (NAC – Denmark), a leading regional aircraft leasing company announced the acquisition of Aldus Aviation Fund (AAF) along with all of its aircraft assets. The acquisition brings NAC’s owned fleet to 413 aircraft.

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