PUBLISHER: Market Research Future | PRODUCT CODE: 1801277
PUBLISHER: Market Research Future | PRODUCT CODE: 1801277
Global Aircraft ACMI Leasing or Wet-Leasing Market by Type (Short-Term Lease, Long-Term Lease), by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Regional Aircraft), by Application (Passenger Transportation, Air Freight Transportation), by End-User (Full-Service Carriers, Low-Cost Carriers, Cargo-Carriers), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, South America) Forecast till 2035
Industry Overview
Growing at a CAGR of 8.4% (2024-2035), the global Aircraft ACMI Leasing Market is forecasted to hit USD 13,244.8 million by 2035. ACMI (Aircraft, Crew, Maintenance, and Insurance) leasing, commonly called wet-leasing, is a flexible solution where one airline supplies a fully operational aircraft to another carrier. The lessee is responsible only for fuel, airport fees, and route planning, while the lessor handles the technical and operational aspects. This arrangement is especially valuable for airlines looking to manage short-term capacity, cover fleet shortages, or enter new markets with minimal risk.
Rising global air travel demand is the most influential force shaping the Aircraft ACMI Leasing market. Airlines worldwide are grappling with the need to accommodate increasing passenger traffic, driven by higher GDP per capita, affordable fares, and rapidly improving infrastructure in emerging economies. While developed markets maintain steady growth, regions like Asia and Latin America experience explosive expansion. ACMI leasing provides carriers with the agility to balance capacity, swiftly meet seasonal or regional fluctuations, and reduce long-term capital risks.
Major Company Development
It was remarkable for ACC Aviation to achieve two kinds of important things that show how the company could improve its strategy. In September 2023, it partnered with USC GmbH, a German airline, to provide ACMI support to Madagascar Airlines. The venture marking USC GmbH's first commercial trip and its first ACMI assignment also signifies how much ACC is enabling global carriers to connect. Conversely, in February 2019, YFM-backed ACC Aviation had taken over Aerotask, a Dubai-based consultancy, to accelerate its development in the Asian, African, and U.S. markets. With this acquisition, ACC not only extends its range in the fields of ACMI leasing, aircraft charter, and aftermarket services but also adds asset management and advisory to the company's forte, thus furthering its global aviation partner reputation.
Major players in the global aircraft ACMI leasing or wet leasing market are Air Lease Corporation, Avolon, AerCap, Atlas Air, BOC Aviation, CityJet, Chapman Freeborn Airchartering, ACC Aviation, Delta World Charter, Avia Solutions Group, Avico, Falko Regional Aircraft, ICBC Leasing, Titan Airways, and Zela Aviation.
Report Attribute Details
Market Size 2035 USD 13,244.8 Million
CAGR (2025-2035) 8.4%
Base Year 2024
Market Forecast Period 2025-2035
Historical Data 2019-2024
Industry Segmentations
By Type: Short-Term Lease - 8.5%, Long-Term Lease - 8.2%.
By Aircraft Type: Narrow Body Aircraft - 8.5%, Wide Body Aircraft - 8.3%.
By Application: Passenger Transportation - 8.6%, Air Freight Transportation - 8.1%.
By End-User: Full-Service Carriers - 8.3%, Low-Cost Carriers - 8.6%.
The success of the ACMI leasing industry in North America is largely due to the high degree of operational flexibility that characterizes the leasing strategies of US and Canadian airlines. Seasonal surges during winter holidays and summer vacations are efficiently handled through short-term wet leases. The North American market is led by the U.S. at USD 1,103.0 million, while Canada adds significant value with USD 148.8 million.
Europe is a global ACMI leasing center that has financial and leasing downtowns in Ireland, the UK, and Malta. Both full-service carriers and ultra-low-cost airlines use ACMI leases to get a hold of variable passenger traffic, especially during the summer peak. In Europe, the UK holds the highest share at USD 247.5 million, with Germany and France following at USD 213.9 million and USD 185.2 million.
The need for ACMI leasing in Asia-Pacific has been increasing and is still growing along with the development of low-cost carriers. IndiGo and AirAsia use leases to take advantage of the rising domestic and regional demand, whereas Japan and China are extending their capacity in the area of leisure and business travel. Asia-Pacific growth is fueled by China at USD 696.1 million, supported by notable contributions from India (USD 126.2 million) and Japan (USD 101.8 million).
The Middle East remains a strong ACMI market, balancing demand from both global giants and low-cost regional players. Emirates and Qatar Airways leverage leasing for strategic seasonal flexibility, while Flydubai and Air Arabia use it to scale efficiently. Africa's fragmented aviation sector depends on leasing to overcome limited capital access and regulatory constraints.
South America's ACMI leasing market is shaped by economic cycles and unstable profitability in aviation. Airlines in Brazil, Colombia, and Argentina often choose ACMI leasing to expand routes without major financial risks.