The global commercial aircraft leasing market is expected to grow at a CAGR of 6.44% during the period 2017-2021 according to Research and Markets “Global Commercial Aircraft Leasing Market 2017-2021” report.
The report covers the present scenario and the growth prospects of the global commercial aircraft leasing market for 2017-2021. To calculate the market size, the report considers the revenue generated in the overall market from the provision of commercial aircraft (narrow-body, wide-body and regional) leasing services. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is emphasis on value creation options for active asset management. The aviation asset class differs significantly from other asset classes such as real estate, shares or commodities. Due to the highly competitive investment environment, which often exhibits low and even negative interest rates, the aviation asset class has been attracting attention. The aviation asset class is relatively unexplored in regions such as continental Europe.
According to the report, one of the major drivers for this market is market dominance of Irish and Chinese lessors. Ireland has been one of the hotbeds for the global commercial aircraft leasing industry. Over 45% of the leased aircraft are owned and managed by the Irish companies. In addition, many major international companies have established their core leasing operations in Ireland.
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