Global Aircraft Leasing Market Size
Aircraft leasing market size was valued at USD 219.8 Billion in 2025 and is expected to reach USD 592.0 Billion by 2035, growing at a CAGR of 11.5%
The practice of airlines or operators renting aircraft from leasing firms rather than buying them altogether is known as aircraft leasing. Without having to make the complete ownership commitment, leasing enables airlines to keep fleet flexibility, effectively manage cash flow, and adapt to shifting market needs. Wet leases and dry leases are the two primary forms of aircraft leasing. Whereas in a dry lease, the lessor provides the aircraft alone, under a wet lease, the lessor also provides the crew, maintenance, and insurance.
The market for aircraft leasing is expected to develop as a result of rising air transport passenger numbers worldwide, the high cost of aircraft ownership, and fleet modernization to meet fuel efficiency targets. The rise of low-cost carriers, the globalization of leasing firms, and the reduction of debt on airlines' balance sheets during economic downturns are all factors that are predicted to propel the growth of the aircraft leasing business. The requirement for air cargo capacity is increased by global logistics, e-commerce, and developing market expansion, all of which may greatly boost the growth of the aircraft leasing industry.