Aircraft Leasing Market Foreseen to Draw a Promising Growth of 68,321.4 Billion $ by 2025
Global Aircraft Leasing Market Overview:
According to the Business industry Reports, the Global Aircraft Leasing Market to reach USD 68,321.4 Billion by 2025. The Global Aircraft Leasing Market valued approximately USD 44,879 Billion in 2017 is anticipated to grow with a healthy growth rate of more than 4.78% over the forecast period 2019-2025.
According to the market research report, Leasing became a common technique to acquire an airplane since this asset became expensive and constantly subject to a wide range of regulations and laws. One of its prime advantages is that it can help to defray cost considerably. Leasing airplane is most common in military aviation. Further, individuals, pilots, commercial aviation, and government agencies use leasing options. Both short term and long term airplane leasing options are available. Aircraft leasing transactions are classified into finance leasing and operating leases.
A finance lease is necessary to meet any of those criteria: a lease term greater than 75% of the airplane? Estimated life, option to buy the asset for less than fair market price, or ownership of the asset to be transferred to the lessee when a lease expires. It's always improved by tax benefits and is shown on the balance sheet of the lessee. In general, it's for a long term period. And on the other hand, an operating lease is usually signed for a short term period. Presently, airplane leasing is mostly on the base of this kind of lease. According to statistics, there is about 1250 commercial airplane in the world, among which about 2500 work on operating lease.
It's always preferable to acquire airplane leasing services from Commercial Aircraft Sales and Leasing? a collective term is given to organizations engaged in marketing airliners from manufacturers like Boeing and Airbus. A multitude of other providers, like commercial banks, financial institutions, and hedge funds, are also in the scenario to make available airplane leasing services. Of which prominent are GE Commercial Aviation Services and International Lease Finance Corporation. As part of the full-service lease, most make maintenance management including AOG and heavy maintenance functions.
Additionally, companies like CIT Commercial Air Inc. Offer leasing as well as financing packages for new and used commercial and corporate aircraft. Customized airplane leasing packages which are designed in accordance with the needs of the clients are also available nowadays.
Global Key Players of Aircraft Leasing Market:
1 AerCap
2 Air Lease Corporation
3 BOC Aviation
4 GECAS
5 BBAM
6 CIT Commercial Air
7 Aviation Capital Group
8 Boeing Capital Corporation
9 SAAB Aircraft Leasing
10 International Lease Finance Corporation and others
Available Compete Report @https://www.businessindustryreports.com/report/118242/global-aircraft-leasing-market-size-study-by-aircraft-type-wide-body-narrow-body-by-lease-type-dry-leasing-wet-leasing-and-regional-forecasts-2018-2025 .
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