Aircraft leasing is an alternative to buying an aircraft. Basically, it is the transfer of aircraft by the lessee (owner) to the lessee. Most airlines operate their business by leasing aircraft to provide services to passengers. Aircraft Leasing Market report is added by Value Market Research gives an in-depth investigation to gather all the important data including growth, current trends and value for the period of 2020-2027.
Global Aircraft Leasing Market was valued at USD 266,535.1 MN (by revenue) in 2017 and is anticipated to reach USD 368,806.30 MN by 2024 with a CAGR of 4.7%.
Declining interest rates, lease rates and the growth of low-cost carriers (LCCs) are the major driving forces behind the turmoil in the aircraft leasing market. In addition, the anticipated growth in passenger traffic, cargo aircraft and developing airports in emerging economies is fueling the growth of this market. However, the growth of this market is dependent on the commuters and may fluctuate with increasing or decreasing traffic. Overall, the global aircraft leasing market will experience huge growth in the coming future.
This detailed market study focuses on data obtained from multiple sources and analyzed using a number of tools including Porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insight into the potential value of the market so as to facilitate business strategists with the latest development opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global Aircraft Leasing market.
The report also covers the detailed competitive landscape which includes company profiles of the major players operating in the global market. Major players in the aircraft leasing market include Aircap Holdings NV, Alafco Aviation Lease & Finance Company KSCP, Ansett Worldwide Aviation Services (AWAS), BBM LLC, BOC Aviation, Boeing Capital Corporation, GE Capital Aviation Services, Saab Aircraft Leasing and SMBC. Aviation Capital. In addition, the report includes geographic segmentation focused primarily on current and forecast demand for aircraft leasing in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Source: https://www.valuemarketresearch.com/report/aircraft-leasing-market
Nishtha Sarabhai after working for three years in a Bank switched to writing to balance her work and home. She is a mother of two beautiful kids. She enjoys writing on Aerospace, Science and new invcentions. She has been with VMR news since its inception.