According to the latest market research report released by Technavio, the global commercial aircraft leasing market is expected to accelerate at a CAGR of over 6% during the 2018-2022 forecast period. The strong market position of Irish and Chinese lessors is one of the key factors triggering the growth of the market.
The ‘Global Commercial Aircraft Leasing Market 2018-2022’ report provided an in-depth analysis of the market in terms of revenue and emerging market trends. It also included an up-to-date analysis and forecast for various market segments and all geographical regions.
The report saw the influence of taxes on aircraft leasing emerging as a trend in the commercial aircraft leasing space. Taxes like the value-added tax have a significant impact on the market. The taxes are set by governments, in line with the operational characteristics of the carrier. In certain situations, the exemption of such a tax lessens the burden of aircraft lessors. Certain countries have policies on those lines to encourage the growth of the market.
In 2017, the APAC region generated revenue of $11.18 billion and the growth momentum of this region is expected to increase by 2022.
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One Reply to “Global Commercial Aircraft Leasing Market CAGR Expected to Accelerate”
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