AIRCRAFT LEASING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Aircraft Leasing Market , By Aircraft Type (Narrow-body Aircraft, Wide-body Aircraft, and Regional Aircraft), By Lease Type (Dry Lease, Wet Lease, and Damp Lease), By Lease Term (Long, Short, and Medium), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)

Published In: 17 Dec, 2025
Code: CMI9027
Pages: 141
Formats: Excel and PDF
Industry: Aerospace and Defense
- Historical Range: 2020 - 2024
- Forecast Period: 2025 - 2032

The global aircraft leasing market is estimated to be valued at USD 187.50 Bn in 2025 and is expected to reach USD 402.00 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 11.2% from 2025 to 2032. The global aircraft leasing market represents a critical component of the aviation industry's financial ecosystem, facilitating airlines' access to modern aircraft fleets without the substantial capital investments required for direct purchases.

This market encompasses operating leases, finance leases, and sale-and-leaseback arrangements, enabling airlines to optimize their fleet composition while maintaining operational flexibility. Aircraft leasing has evolved from a niche financing solution to a mainstream business model, with lessors now owning approximately 50% of the world's commercial aircraft fleet. The market is characterized by sophisticated financial structures, complex regulatory frameworks, and intricate relationships between lessors, airlines, manufacturers, and financial institutions. Key market participants include specialized aircraft leasing companies, commercial banks, institutional investors, and airline-affiliated leasing arms.

The industry's growth is driven by airlines' increasing preference for asset-light business models, the need for fleet modernization to meet environmental regulations, and the rising demand for air travel in emerging markets. Geographic diversification, technological advancements in aircraft design, and evolving passenger preferences for fuel-efficient aircraft continue to shape market dynamics. The aircraft leasing sector serves as a crucial intermediary, providing airlines with access to capital-intensive assets while offering investors exposure to the aviation industry's long-term growth prospects through diversified aircraft portfolios.

Market Dynamics

The global aircraft leasing market is propelled by several key drivers, including airlines' strategic shift toward asset-light business models that enable operational flexibility and reduced capital expenditure requirements. The increasing demand for fuel-efficient, next-generation aircraft drives lease transactions as airlines seek to modernize their fleets without substantial upfront investments. Emerging markets' rapid aviation growth, particularly in Asia-Pacific and Latin America, creates substantial leasing opportunities as new carriers enter the market with limited capital resources. Additionally, stringent environmental regulations and carbon emission targets compel airlines to upgrade to newer, more efficient aircraft through leasing arrangements.

However, the market faces significant restraints, including economic volatility that affects airline profitability and lease payment capabilities, as demonstrated during the COVID-19 pandemic which severely disrupted global aviation operations. Geopolitical tensions, trade disputes, and regulatory changes can impact cross-border leasing transactions and aircraft deployment strategies. High aircraft acquisition costs and extended delivery timelines from manufacturers create supply constraints that may limit lessors' ability to meet growing demand. Furthermore, technological disruption and uncertainty about future propulsion technologies pose risks to asset values and lease terms. Despite these challenges, substantial opportunities exist in the expanding low-cost carrier segment, which relies heavily on leasing for fleet expansion.

Key Features of the Study

This report provides in-depth analysis of the global aircraft leasing market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global aircraft leasing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AerCap (GECAS), Air Lease Corporation, Avolon, BBAM, BOC Aviation, Boeing Capital Corporation, DAE Capital, ICBC Leasing, Nordic Aviation Capital, SMBC Aviation Capital, Aircastle Aviation, Dubai Aerospace Enterprise, Zephyrus Aviation Capital, Macquarie AirFinance, and CDB Aviation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global aircraft leasing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aircraft leasing market

Market Segmentation

Aircraft Type Insights (Revenue, USD Bn, 2020 - 2032)
- Narrow-body Aircraft
- Wide-body Aircraft
- Regional Aircraft
Lease Type Insights (Revenue, USD Bn, 2020 - 2032)
- Dry Lease
- Wet Lease
- Damp Lease
Lease Term Insights (Revenue, USD Bn, 2020 - 2032)
- Long
- Short
- Medium
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- AerCap (GECAS)
- Air Lease Corporation
- Avolon
- BBAM
- BOC Aviation
- Boeing Capital Corporation
- DAE Capital
- ICBC Leasing
- Nordic Aviation Capital
- SMBC Aviation Capital
- Aircastle Aviation
- Dubai Aerospace Enterprise
- Zephyrus Aviation Capital
- Macquarie AirFinance
- CDB Aviation

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Aircraft Leasing Market, By Aircraft Type
  - Global Aircraft Leasing Market, By Lease Type
  - Global Aircraft Leasing Market, By Lease Term
  - Global Aircraft Leasing Market, By Region
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Driver
- Restraint
- Opportunity
- Impact Analysis
- Key Developments
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- Industry Trends
Global Aircraft Leasing Market, By Aircraft Type, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Narrow-body Aircraft
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
- Wide-body Aircraft
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
- Regional Aircraft
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
Global Aircraft Leasing Market, By Lease Type, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Dry Lease
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
- Wet Lease
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
- Damp Lease
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
Global Aircraft Leasing Market, By Lease Term, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Long
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
- Short
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
- Medium
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2032, (USD Bn)
Global Aircraft Leasing Market, By Region, 2020 - 2032, Value (USD Bn)
- Introduction
  - Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
  - Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
  - Regional Trends
- North America
  - Introduction
  - Market Size and Forecast, By Aircraft Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Term, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, By Aircraft Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Term, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, By Aircraft Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Term, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, By Aircraft Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Term, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Middle East
  - Introduction
  - Market Size and Forecast, By Aircraft Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Term, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - GCC Countries
    - Israel
    - Rest of Middle East
- Africa
  - Introduction
  - Market Size and Forecast, By Aircraft Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Lease Term, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
    - South Africa
    - North Africa
    - Central Africa
Competitive Landscape
- AerCap (GECAS)
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Air Lease Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Avolon
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- BBAM
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- BOC Aviation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Boeing Capital Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- DAE Capital
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- ICBC Leasing
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Nordic Aviation Capital
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- SMBC Aviation Capital
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Aircastle Aviation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Dubai Aerospace Enterprise
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Zephyrus Aviation Capital
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Macquarie AirFinance
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- CDB Aviation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About us

*Browse 32 market data tables and 28 figures on ‘Aircraft Leasing Market' - Global forecast to 2032

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