Aircraft Leasing Industry Profile

Companies in this industry rent or lease aircraft and airplane equipment without operators. Major companies include Air Lease Corporation (the US), as well as AerCap and Avolon (both based in Ireland) and Dubai Aerospace Enterprise.

The global aircraft leasing market is forecast to reach about $320 billion by 2030, at a compound annual growth rate (CAGR) of 9.07%, according to Fortune Business Insights. The global market growth was driven by the increasing demand for cost-efficient operation of commercial aircraft, technological advancements, rising market demand for fuel-efficient commercial aircraft, and increasing air traffic.

The US construction, transportation, mining, and forestry machinery and equipment leasing industry, which includes the aircraft leasing industry, includes about 5,300 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $38 billion.

COMPETITIVE LANDSCAPE

Demand is driven by activity in the air travel industry. The profitability of individual companies depends on the fleet mix and the cost of financing rental inventory. Large companies have economies of scale in buying aircraft and accessing multiple sources of capital, as well as maintaining a diversified aircraft portfolio. Small companies can compete by providing superior customer service and depth of experience.

PRODUCTS, OPERATIONS & TECHNOLOGY

The majority of revenues come from the lease and rental of air transportation equipment. The aircraft leasing industry accounts for about 35% of the construction, transportation, mining, and forestry machinery and equipment rental and leasing market. Some aircraft rental ...