New Study By Visiongain Forecasts Positive Growth In The Sector
The world market for commercial aircraft leasing is estimated to reach $35.7 billion in 2015. The global market will record positive growth over the next decade, in part due to continued demand from the air travel market, according to a new study.
Moreover, the airlines are currently acquiring (by both operating and financial leasing) more next generation aircraft. This is to meet the continuously improving industry standards and fuel efficiency objectives. As the macro and micro-economic factors in the traditionally mature markets remain somewhat uncertain in broad-terms, it is the emerging markets of Asia-Pacific and the Middle East that will generate the most significant demand for leased aircraft.
William Li is a Senior Aviation Analyst & Consultant at visiongain and the author of the Commercial Aircraft Leasing Market Report 2015-2025 report.
“The outlook for commercial aircraft leasing within a continuously expanding air transport industry remains very positive," Li said. "The airline industry relies on the options of a leased fleet (either through operating lease or financial lease) to maintain the on-going business at a sustainable level. Considering the amount of backlog aircraft orders from the global lessors and the levels of the global current leased fleet, the leased fleet is demonstrating a strong trend to outstrip in size the non-leased fleet by 2023. This in turn presents the aircraft leasing industry with still greater opportunities.”
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