Global Aircraft ACMI Leasing Market, By Type (Wet Lease and Dry Lease), By Plane Type (Private /Business Jets and Commercial Jets), By Body Type (Narrow and Widebody), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI375519 | Publish Date: December 2019 | No. of Pages: 240

Global Aircraft ACMI Leasing Market Overview

Introduction:

Aircraft leasing is the term of obtaining an aircraft on lease from other leasing companies or airlines to operate aircraft without the financial burden of buying them, and to offer temporary growth in capacity. The lessor provides minimum operating services such as aircraft, crew, maintenance and insurance (ACMI). In addition, the lessee provides the balance of facilities along with the flight numbers. Procurement of aircraft can also be done directly from the companies who are in the business of leasing aircrafts o from the original equipment manufacturer (OEM). Various legal and safety policies will make sure that they maintain the planes well and they lease aircraft for long time. As per the Federal Aviation Regulations (FARs), aircraft leases are controlled by the Federal Aviation Administration (FAA). The FAA classifies aircraft leases as either wet leases or dry leases.

Drivers and Restraints:

Increase in the volume of freight coupled with increase in the number of air passengers and advancement in aircraft and airport infrastructure in less developed countries are some of the key factors driving growth of global aircraft leasing market. According to the data published by The International Air Transport Association, in 2018- the number of passengers transported by airlines will reach 8.2 billion in 2037, up from 7.8 billion in 2036 globally. Further, according to a data published by Times of India in 2019, SpiceJet wet leased around 40 to 45 Jet Airways planes to expand capacity. In addition, leasing of aircraft provides advantages of tax and balance sheet which is beneficial for the growth of aircraft leasing market. Moreover, raising demand of low-cost carriers, low interest and lease rates along with the falling crude oil prices, and ease of travel are some factors that propel growth of aircraft leasing market. However, presence of stringent and unclearly leasing regulations and taxation policies are expected to retrain growth of the target market over the forecast period. Additionally, asset recovery risk which is related to airline bankruptcy is also another factor that is likely to challenge growth of the global market. Nevertheless, investments in leasing structures for aircraft operated by airlines is projected to create lucrative growth opportunities for the key players involved in the global market. In addition, shift of global operations to emerging economies such as Asia-Pacific and Middle East and Africa is a key trend observed in the global market growth.

Segmentation:

The global aircraft ACMI leasing market is segmented based on type, plane type, body type, and region.

On the basis of type, the global aircraft ACMI leasing market is segmented into wet lease and dry lease. Wet lease type segment is dominating the global market and is expected to maintain its dominance over the forecast period. This is mainly attributed due to its features that provide the airline with a fully functional and trained crew, maintenance, and insurance while charging an hourly rate. On the basis of plane type, the target market is segmented into private /business jets and commercial jets. The commercial jets plane type segment is dominating the global market, owing to greater development of the commercial jets sections and increasing passenger population of the airways. However, the private/ business jets segment is dropping as it being used for special purposes including the public authorities, evacuation of causalities, and government officials or armed forces of the victims or express parcel delivery. Based on body type, the global market is classified into narrow and widebody.

Based on region the global aircraft ACMI leasing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The global market in Europe is seen to have a matured growth since this market correlates with the growth of economy. Active growth in construction of planes and new airports has led to grow market in Europe significantly. Europe accounts for large scale aircraft ACMI leasing market share. This is attributed mainly due to its business strategies to replace airlines own operations at a lower cost. France, Germany, the UK, and Switzerland are the major players in the sector, making 76% of the total GVA of the industry. On July 2019, the European Commission approved the creation of a joint venture between CityJet (WX, Dublin Int'l) and Air Nostrum (YW, Valencia Manises) thus flagging the way for the creation of Europe's largest regional airline. North America aircraft leasing market is expected to witness fast growth owing to the presence of various leasing companies and recovery of economies. Moreover, investments into leasing structures for aircraft operated by airlines is anticipated to create growth opportunities for the Asia Pacific aircraft ACMI leasing market

Key Players:

The key players operating the global aircraft ACMI leasing market involves GE Capital Aviation Service, AerCap, BBAM, SMBC Aviation  Capital, Air Lease Corporation, ALAFCO Aviation Lease and Finance Company K.S.C.P, Boeing Capital, ICBC Leasing, Ansett Worldwide Aviation Services, CIT Commercial Air, and International Lease Finance Corporation. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.

Detailed Segmentation:

Global Aircraft ACMI Leasing Market, By Type:

  • Wet Lease
  • Dry Lease

Global Aircraft ACMI Leasing Market, By Plane Type:

  • Private /Business Jets
  • Commercial Jets

Global Aircraft ACMI Leasing Market, By Body Type:

  • Narrow
  • Widebody

Global Aircraft ACMI Leasing Market, By Region:

      • North America
        • North America Aircraft ACMI Leasing Market, By Type
        • North America Aircraft ACMI Leasing Market, By Plane Type
        • North America Aircraft ACMI Leasing Market, By Body Type
        • North America Aircraft ACMI Leasing Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Aircraft ACMI Leasing Market, By Type
        • Europe Aircraft ACMI Leasing Market, By Plane Type
        • Europe Aircraft ACMI Leasing Market, By Body Type
        • Europe Aircraft ACMI Leasing Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Aircraft ACMI Leasing Market, By Type
        • Asia Pacific Aircraft ACMI Leasing Market, By Plane Type
        • Asia Pacific Aircraft ACMI Leasing Market, By Body Type
        • Asia Pacific Aircraft ACMI Leasing Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                                                                 
      • Latin America
        • Latin America Aircraft ACMI Leasing Market, By Type
        • Latin America Aircraft ACMI Leasing Market, By Plane Type
        • Latin America Aircraft ACMI Leasing Market, By Body Type
        • Latin America Aircraft ACMI Leasing Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Aircraft ACMI Leasing Market, By Type
        • Middle East & Africa Aircraft ACMI Leasing Market, By Plane Type
        • Middle East & Africa Aircraft ACMI Leasing Market, By Body Type
        • Middle East & Africa Aircraft ACMI Leasing Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Company Profile:

        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • AerCap
  • BBAM
  • SMBC Aviation  Capital
  • Air Lease Corporation
  • ALAFCO Aviation Lease and Finance Company K.S.C.P
  • Boeing Capital
  • ICBC Leasing
  • Ansett Worldwide Aviation Services
  • CIT Commercial Air
  • International Lease Finance Corporation

“*” marked represents similar segmentation in other categories in the respective section

Key Issues Addressed

  • What is the total revenue potential of the global the aircraft ACMI leasing market? How that market is expected to grow during the study period?
  • What are some of the major growth opportunities in the aircraft ACMI leasing market?
  • Which companies are the major players in the aircraft ACMI leasing market?

 

Global Aircraft ACMI Leasing Market Table of Contents

 

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    •  Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Aircraft ACMI Leasing Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Plane Type
      • Market Snippet, By Body Type
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Aircraft ACMI Leasing Market, By Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Wet Lease
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Dry Lease
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Aircraft ACMI Leasing Market, By Plane Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Private /Business Jets
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Commercial Jets
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Aircraft ACMI Leasing Market, By Body Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Narrow
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Widebody
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Aircraft ACMI Leasing Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Plane Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Body Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Plane Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Body Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Plane Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Body Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Plane Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Body Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Plane Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Body Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
      • GE Capital Aviation Service
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • AerCap
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • BBAM
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • SMBC Aviation  Capital
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Air Lease Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • ALAFCO Aviation Lease and Finance Company K.S.C.P
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Boeing Capital
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • ICBC Leasing
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Ansett Worldwide Aviation Services
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • CIT Commercial Air
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • International Lease Finance Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The aircraft ACMI leasing market is segmented based on type, plane type, body type, and region.

Opportunities could arise from the expansion of low-cost carriers, the need for short- to medium-term leasing solutions, and the outsourcing of certain flight operations by airlines.

Dynamic nature of the aviation industry, the cost advantages and operational flexibility offered by ACMI leasing, and the increasing complexity and capital intensity of airline operations.

Regions typically considered include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The dominance of the market may depend on factors such as the concentration of leasing companies, the size of the airline industry, and regulatory environments affecting aviation leasing.

The key players operating the global aircraft ACMI leasing market involves GE Capital Aviation Service, AerCap, BBAM, SMBC Aviation Capital, Air Lease Corporation, ALAFCO Aviation Lease and Finance Company K.S.C.P, Boeing Capital, ICBC Leasing, Ansett Worldwide Aviation Services, CIT Commercial Air, and International Lease Finance Corporation.