Global Commercial Aircraft Leasing Market 2018-2022

Global Commercial Aircraft Leasing Market 2018-2022

About Commercial Aircraft Leasing

Commercial aircraft lease is a legal arrangement availed by airlines and other aircraft operators or leasing companies for diminishing the financial burden of the airlines while procuring new aircraft. As aircraft are flexible in deployment and the supply remains narrow, leasing them via short, medium, or long-term operating lease contracts allows airlines to maintain steady and stable cash flows.

Technavio’s analysts forecast the global commercial aircraft leasing market to grow at a CAGR of 6.33 % during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial aircraft leasing market for 2018-2022. To calculate the market size, the report considers the revenue generated in the overall market from the provision of commercial aircraft (narrow-body, wide-body, and regional) leasing services.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial Aircraft Leasing Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AerCap
  • Avolon
  • BBAM
  • GECAS
  • SMBC Aviation Capital
Market driver
  • Strong market position of Irish and Chinese lessors
  • For a full, detailed list, view our report
Market challenge
  • Fall in the price of crude oil
  • For a full, detailed list, view our report
Market trend
  • Conversion of aircraft into freighters
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Aircraft Leasing Market 2018-2022

Technavio recognizes the following companies as the key players in the global commercial aircraft leasing market: AerCap , Avolon , BBAM , GECAS , SMBC Aviation Capital

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Conversion of aircraft into freighters. Conversion of aircraft into freighters has been gaining significant momentum in recent times. Several airlines that carry cargo are seeking freighters, in addition to delivery companies like Amazon. For instance, as of November 2017, a Freighter-converted Boeing 767 was procured by Canada-based Cargojet. The airline had acquired a 767-300BDSF from Cargo Aircraft Management (CAM), the leasing arm of ATSG. On a similar note, Amerijet (an American cargo airline) has also committed to lease three Freighter-converted 767-300s from ATSG, by 2018. Earlier in February 2017, US-based Aeronautical Engineers (AEI) had signed a Letter of Intent (LoI) to provide at least eight CRJ200 freighter conversions for Canadian aviation group Avmax. The conversions were scheduled to begin in late 2017. The popularity of aircraft conversions, especially as freighters, is certainly a driver for the market growth. More such efforts by lessors to procure these aircraft are expected during the forecast period.”

According to the report, one of the major drivers for this market is Strong market position of Irish and Chinese lessors. The commercial aircraft leasing market is majorly constituted by Irish lessors. More than 45% of leased aircraft in the market have been leased out by Irish lessors. Interestingly, the country was the origin of aircraft business and has evolved to dominate the market in the past several years. Several favorable policies of the country have contributed to market growth. For instance, Ireland offers high capital allowance rates and low withholding rates to companies operating within its jurisdiction. This has encouraged international players to conduct core leasing operations from Ireland.

Further, the report states that one of the major factors hindering the growth of this market is Fall in the price of crude oil. 2014, the price of crude oil has been declining significantly. In 2015, the price of Brent crude oil (a trading classification of sweet light crude oil) fell below $40/barrel for the first time since 2009. Moreover, the average spot price for Brent crude oil in 2015 was $52/barrel compared with $99/barrel in 2014. The declining crude oil price has also been lowering the price of aviation fuels, thereby helping airline operators to increase their profit margin. Thus, airlines are seeking to directly procure aircraft, as against leasing them, to leverage the benefit of improved margins.



Companies Mentioned

AerCap

Avolon

BBAM

GECAS

SMBC Aviation Capital

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Top twenty airlines/lessee in 2017
      • Table Top twelve lessors as per aircraft inventory and orders
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global commercial aircraft manufacturing market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global – Market size and forecast 2017-2022 ($ bn)
      • Table Global – Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by leasing type
    • Segmentation by leasing type
      • Table Leasing type – Market share 2017-2022 (%)
    • Comparison by leasing type
      • Table Comparison by leasing type
    • Global commercial aircraft wet leasing market – Market size and forecast 2017-2022
      • Table Wet lease – Market size and forecast 2017-2022 ($ bn)
      • Table Wet lease – Year-over-year growth 2018-2022 (%)
    • Global commercial aircraft dry leasing market – Market size and forecast 2017-2022
      • Table Global commercial aircraft dry leasing market– Market size and forecast 2017-2022 ($ bn)
      • Table Global commercial aircraft dry leasing market– Year-over-year growth 2018-2022 (%)
    • Market opportunity by leasing type
      • Table Market opportunity by leasing type
  • Customer landscape
    • Table Customer landscape
    • Geographical segmentation
      • Table Global – Market share by geography 2017-2022 (%)
  • Regional landscape
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2017-2022
      • Table APAC – Market size and forecast 2017-2022 ($ bn)
      • Table APAC – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA – Market size and forecast 2017-2022 ($ bn)
      • Table EMEA – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Americas – Market size and forecast 2017-2022
      • Table Americas – Market size and forecast 2017-2022 ($ bn)
      • Table Americas – Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Influence of taxes on aircraft leasing
    • Conversion of aircraft into freighters
    • Dominance of major aircraft suppliers
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AerCap
      • Table Vendor overview
      • Table AerCap – Business segments
      • Table AerCap – Organizational developments
      • Table AerCap – Geographic focus
      • Table AerCap – Segment focus
      • Table AerCap – Key offerings
      • Table AerCap – Key customers
    • Avolon
      • Table Vendor overview
      • Table Avolon – Business segments
      • Table Avolon – Organizational developments
      • Table Avolon – Geographic focus
      • Table Avolon – Segment focus
      • Table Avolon – Key offerings
      • Table Avolon – Key customers
    • BBAM
      • Table Vendor overview
      • Table BBAM – Business segments
      • Table BBAM – Organizational developments
      • Table BBAM – Geographic focus
      • Table BBAM – Segment focus
      • Table BBAM – Key offerings
      • Table BBAM – Key customers
    • GECAS
      • Table Vendor overview
      • Table GECAS – Business segments
      • Table GECAS – Organizational developments
      • Table GECAS – Geographic focus
      • Table GECAS – Segment focus
      • Table GECAS – Key offerings
      • Table GECAS – Key customers
    • SMBC Aviation Capital
      • Table Vendor overview
      • Table SMBC Aviation Capital – Business segments
      • Table SMBC Aviation Capital – Organizational developments
      • Table SMBC Aviation Capital – Geographic focus
      • Table SMBC Aviation Capital – Segment focus
      • Table SMBC Aviation Capital – Key offerings
      • Table SMBC Aviation Capital – Key customers
  • Appendix
    • List of abbreviations
  • Explore Technavio

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