The global aircraft leasing market is experiencing a significant surge, with projections indicating remarkable growth in the coming years. According to Statista, the market is estimated to reach a value of 295.18 billion U.S. dollars by 2029. This upward trend can be attributed to factors such as increased demand for air travel and airlines’ quest to optimize costs. As the market expands, industry experts highlight the advantages of aircraft leasing, emphasizing its pivotal role in achieving sustainable and profitable operations for airlines.
Dr. Bijan Vasigh, Aeroclass instructor and Professor at Embry-Riddle Aeronautical University, explains that leasing has become increasingly favored by airlines for aircraft acquisition. Several major leasing companies dominate the industry, holding a significant market share and playing a prominent role. The flexibility afforded by leasing enables airlines to respond promptly to market dynamics and adjust their fleet sizes accordingly. This adaptability is a key driver behind the industry’s growth.