New York, 31,
Oct 2019: The global aircraft
leasing market size is anticipated to reach over USD 473.6
billion by 2026 grow at 7.5% during the forecast period according to a new
research published by Polaris Market Research. The report ‘Aircraft
Leasing Market Share, Size, Trends, & Industry Analysis Report [By Lease
Type (Dry Lease, Wet Lease) By Aircraft Type (Wide Body Aircraft, Narrow Body
Aircraft) By Region]: Market Size & Forecast, 2019 – 2026’ provides
a comprehensive analysis of present market insights and future market trends.
The increased air travel rate is
fuming the demand for aircrafts, leading to a huge traction in the aircraft
leasing market. Aircraft are leased for a substantial fee depending upon the
type of lease, dry or wet. In dry leasing, the lessor offers the aircraft
without crew members while in wet leasing aircrafts are offered along with
trained crew, maintenance and insurance.
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The demand for aircraft leasing has
increased owing to increasing air traffic, and rising regulations. The growth
in global aviation industry and increasing need for efficient aircrafts has
resulted in the market growth. The rising demand for fuel-efficient commercial
aircraft, attractive tax policies, and affordable lease rates further increase
the adoption if aircraft leasing. Growing demand from emerging economies, and
technological advancements are factors expected to provide numerous growth
opportunities in the aircraft leasing industry during the forecast period.
The report provides an extensive
qualitative and quantitative analysis of the market trends and growth prospects
of the Global Aircraft Leasing Market, 2018-2026. This report comprises a
detailed geographic distribution of the market across North America, Europe,
Asia-Pacific, Latin America, and MEA. North America is further segmented into
U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France,
and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and
Rest of Asia-Pacific.
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Europe generated the highest
revenue in the aircraft leasing industry in 2018 owing to high disposable
income and living standards in the region. Development of new aircrafts,
increase in air traffic, operation of efficient commercial aircrafts, and
technological advancements has resulted in increasing adoption of aircraft
leasing in the region.
Competitive
Landscape and Key Vendors
The global aircraft leasing
industry is characterized by the presence of well-diversified international and
small and medium-sized vendors. These companies launch new products and
collaborate with other market leaders to innovate and launch new products to
meet the increasing needs and requirements of consumers.
The leading companies profiled in
the report include Aviation Capital Group, Boeing Capital Corporation, Air Lease
Corporation, International Lease Finance Corporation, BOC Aviation, SAAB
Aircraft Leasing, AerCap, GE Capital Aviation Services, CIT Aerospace, Inc.,
and BBAM LLC.
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