Aircraft Leasing Market Size, Share, and Growth Analysis, By Aircraft Type (Wide-body aircraft, Narrow-body aircraft), By Lease Type (Operating leases, Finance leases), By Lease Term, By Lease Structure, By Region - Industry Forecast 2026-2033

Global Aircraft Leasing Market size was valued at USD 198.34 Billion in 2024 and is poised to grow from USD 220.75 Billion in 2025 to USD 519.83 Billion by 2033, growing at a CAGR of 11.3% during the forecast period (2026-2033).

The global aircraft leasing market is experiencing robust growth driven by the surging demand for air travel and the increasing reliance on leased aircraft among low-cost carriers (LCCs). These carriers leverage leasing as a cost-effective strategy to enhance customer experiences while maintaining competitive pricing. Leasing provides numerous advantages, including operational flexibility, reduced upfront costs, and adaptability to shifting market needs. Rising competition amongst airlines further fuels this trend as they seek efficient ways to expand fleets and optimize operations without incurring heavy capital expenditures. Moreover, escalating costs related to fleet maintenance and new aircraft purchases are pushing airlines towards leasing arrangements, enabling them to achieve operational efficiency and mitigate financial risks while pursuing sustainable growth in the competitive aviation landscape.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Aircraft Leasing market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Aircraft Leasing Market Segments Analysis

Global Aircraft Leasing Market is segmented by Aircraft Type, Lease Type, Lease Term, Lease Structure and region. Based on Aircraft Type, the market is segmented into Wide-body aircraft, Narrow-body aircraft and Regional aircraft. Based on Lease Type, the market is segmented into Operating leases, Finance leases and Sale and leaseback. Based on Lease Term, the market is segmented into Short-term leases (less than 5 years), Medium-term leases (5-12 years) and Long-term leases (more than 12 years). Based on Lease Structure, the market is segmented into Fixed-rate leases, Variable-rate leases and Hybrid leases. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Aircraft Leasing Market

The global aircraft leasing market is undergoing a significant transformation as a result of rising environmental awareness and regulatory demands. Airlines are actively seeking to lease advanced aircraft models, such as electric vertical takeoff and landing (eVTOL) and fuel-efficient designs, to align with their carbon reduction objectives. Leading companies in the sector, including Avolon and LCI, are at the forefront of this evolution by integrating electric and hybrid aircraft into their leasing options. This shift underscores the increasing emphasis on sustainable aviation solutions and the industry's commitment to reducing its environmental impact.

Restraints in the Global Aircraft Leasing Market

The Global Aircraft Leasing market faces significant challenges due to elevated interest rates, which lead to increased financing costs for both lessors and airlines, raising the overall expense of leasing aircraft. Additionally, economic uncertainties, such as inflation and geopolitical tensions, create further complexity in financial planning within the industry. These adverse conditions can hinder leasing activity, particularly affecting startups that depend on debt financing to grow their fleets. As these variables continue to exert influence, the potential for reduced leasing transactions may emerge, ultimately affecting market dynamics and growth prospects for various players in the sector.

Market Trends of the Global Aircraft Leasing Market

The Global Aircraft Leasing market is witnessing a transformative shift driven by a surge in electric vertical take-off and landing (eVTOL) aircraft and sustainable aviation initiatives. As environmental concerns and regulatory mandates intensify, airlines are increasingly seeking low-emission options to meet sustainability goals. In response, leasing companies are broadening their portfolios to incorporate advanced eVTOLs and hybrid-electric aircraft, allowing airlines to incorporate innovative solutions while mitigating upfront capital expenditures. This trend underscores a broader commitment to reduced carbon footprints within the aviation sector, positioning leasing firms as pivotal players in the transition towards a more sustainable future in air travel.