The global aircraft leasing market size was valued at USD 167.5 billion in 2022. The market is projected to grow from USD 172.9 billion in 2023 to USD 317.5 billion by 2030, exhibiting a CAGR of 9.07% during the forecast period. A legally binding contract between two parties—typically a lessor and a lessee—is known as an aircraft lease. In return for recurrent sums known as lease payments, the lessor consents to loan the aircraft to the lessee for a specific amount of time. Instead of purchasing aircraft, airlines occasionally lease them. In exchange for a monthly or yearly fee for the use of the aircraft, the leasing firm spends its money to buy it. It then gives the aircraft to the operator. The tenant is the owner. The airline rents the aircraft for a predetermined sum each month or year in exchange for using it with its own logo and frequently in its own color. The aircraft is returned to its owner at the end of the process, after the lease term has expired. The increasing demand for low-cost airlines is a significant factor driving the aircraft leasing market growth. Fortune Business Insights presents this information in their report titled "Global Aircraft Leasing Market, 2023–2030."

Informational Source:

https://www.fortunebusinessinsights.com/aircraft-leasing-market-107476

Report Coverage:

The report offers:

Major growth drivers, restraining factors, opportunities, and potential challenges for the market.

Comprehensive insights into regional developments.

List of major industry players.

Key strategies adopted by the market players.

Latest industry developments include product launches, partnerships, mergers, and acquisitions.

List of Key Players Profiled in the Report

AerCap (GECAS) (Ireland)

Avolon (Ireland)

BBAM (U.S.)

Nordic Aviation Capital (Ireland)

SMBC Aviation Capital (Ireland)

ICBC Leasing (China)

BOC Aviation (Singapore)