$12.1bn
$X.Xbn
17,025
201
$X.Xbn
The Commercial Aircraft Leasing industry weathered the storm of the COVID-19 pandemic. Despite revenue declining in 2020, the industry has grown steadily through the end of 2024. The initial stages of the pandemic caused a dip in activity as airlines grounded fleets and renegotiated leases. However, as travel restrictions eased and passenger demand rebounded, airlines turned to leasing as a capital-efficient way to expand and modernize their fleets, particularly with fuel-efficient models. This trend was further fueled by the growth of low-cost carriers relying heavily on leased aircraft. Overall, industry revenue will climb at a CAGR of 1.8% through the end of 2024 to reach $12.1 billion, including an expected 2.5% boost in 2024 alone. Profit has also climbed as lessors can charge premiums because of their services.
Industry revenue has grown at a CAGR of 1.8 % over the past five years, to reach an estimated $12.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
GE Capital Aviation Services | 2,017.8 | 567.0 | 28.1 | |
Avolon Holdings Ltd | 951.7 | 250.0 | 26.3 | |
Aercap B.V. | 507.3 | 125.5 | 24.7 |
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Industry revenue is measured across several distinct product and services lines, including Fixed-rate operating lease , Floating-rate operating lease and Capital lease. Fixed-rate operating lease is the largest segment of the Commercial Aircraft Leasing in the US.
Fixed-rate operating leases provide predictability
This industry leases commercial aircraft to scheduled airlines and to other commercial carriers. The carrier (lessee) pays the industry operator (lessor) for the use of the aircraft over a given time period, typically a few years. This industry doesn't lease noncommercial aircraft, such as military helicopters or recreational jets.
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NAICS 53241 - Commercial Aircraft Leasing in the US
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Including values and annual change:
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Key data sources in the US include:
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The market size of the Commercial Aircraft Leasing in the US industry in United States is $12.1bn in 2024.
There are 201 businesses in the Commercial Aircraft Leasing in the US industry in United States, which has declined at a CAGR of 0.7 % between 2019 and 2024.
The market size of the Commercial Aircraft Leasing in the US industry in United States has been growing at a CAGR of 1.8 % between 2019 and 2024.
Over the next five years, the Commercial Aircraft Leasing in the US industry in United States is expected to grow.
The biggest companies operating in the Commercial Aircraft Leasing market in United States are GE Capital Aviation Services, Avolon Holdings Ltd and Aercap B.V.
Fixed-rate operating lease and Floating-rate operating lease are part of the Commercial Aircraft Leasing in the US industry.
The company holding the most market share in United States is GE Capital Aviation Services.
The level of competition is high and steady in the Commercial Aircraft Leasing in the US industry in United States.