민간 항공기 리스 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the commercial aircraft leasing market size in 2026 is estimated at USD 195.11 billion, up from 2025's USD 181.75 billion, with 2031 projections showing USD 278.13 billion, growing at a 7.35% CAGR over 2026-2031.

This report is Segmented by Leasing Type (Wet Lease and Dry Lease), Aircraft Type (Narrowbody, Widebody, Regional Jets, and Freighter/P2F Converted Aircraft), End User (Full-Service Carriers, Low-Cost Carriers, and More), Lease Duration (Short-Term, Medium-Term, and Long-Term), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Commercial Aircraft Leasing Market Trends and Insights

Rapid low-cost-carrier expansion increases leasing penetration

Low-cost carriers rely on leasing to conserve cash and scale quickly, driving a structural preference that supports the commercial aircraft leasing market. IndiGo's agreement with BOC Aviation for four A320neo jets and Southwest Airlines' 2025 sale-and-leaseback with BBAM exemplify how carriers secure lift without large upfront capital outlays. Leasing also allows LCCs to recalibrate fleets in response to volatile demand, a key advantage during traffic shocks. Rising middle-class disposable incomes in India, Southeast Asia, and sub-Saharan Africa underpin a route-expansion cycle that will keep the LCC segment growing at an 8.78% CAGR through 2030, reinforcing demand for narrowbody lift and supporting lessor bargaining power.

OEM production bottlenecks elevate lessor pricing power

Quality-control issues and supply-chain disruptions have trimmed Airbus and Boeing output, leaving airlines with delivery shortfalls and pushing lease-rate factors higher. SMBC Aviation Capital reports 7-12% lease-rate growth for new wide-bodies since late 2023, while average lease terms have climbed to 12 years, locking in cash-flow visibility for lessors. Secondary-market valuations are firm because carriers choose to keep older aircraft longer rather than risk capacity gaps. The bottlenecks are unlikely to ease before 2028, underscoring a multi-year tailwind for lease pricing.

Interest-rate volatility erodes yield spreads

Federal Reserve tightening lifted lessor funding costs during 2024, and OEM price hikes outpaced lease-rate growth in certain segments. Air Lease Corporation's net income slipped to USD 372 million in 2024 even as revenues climbed, illustrating the squeeze. Debt-heavy lessors face the sharpest margin pressure, though constrained aircraft supply partly offsets the impact.

Other drivers and restraints analyzed in the detailed report include:

1. P2F conversions unlock a secondary growth engine
2. Decarbonization roadmaps accelerate fleet renewal
3. Geopolitical sanctions complicate asset recovery

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Dry leases held 83.92% of the commercial aircraft leasing market in 2025 as airlines prioritized cockpit-and-cabin standardization, training synergies, and cost control. This dominance translates into USD 152.5 million of the commercial aircraft leasing market size, giving lessors predictable long-run cash flows. The wet-lease niche-comprising ACMI agreements-expands at 8.31% CAGR because carriers need seasonal capacity and contingency lift during maintenance peaks or pilot shortages. Norse Atlantic's decision to return three B787-8s while retaining B787-9s shows how airlines recalibrate portfolios for optimum gauge and trip economics. Wet-lease providers are increasingly important during peak summer schedules in Europe and West Asia, enabling network carriers to plug capacity gaps without fresh capital outlays.

Over the forecast period, wet-lease operators will keep leveraging ACMI flexibility. Still, dry leasing will remain the bedrock of the commercial aircraft leasing market because it meets airline cost-efficiency targets and lessor asset-management preferences.

Narrowbodies represented 61.22% of total leased units in 2025, equivalent to USD 111.3 million of the commercial aircraft leasing market size, reflecting their unmatched economics on high-frequency routes. A321neo and B737 MAX deliveries drive fleet renewal, while strong residual liquidity makes them the least risky assets for lessors' balance sheets. However, freighters and P2F aircraft are the fastest climbers at 9.08% CAGR as express-parcel operators rush to capture cross-border e-commerce flows. AviLease joined the segment with A350F orders during 2025, signalling that wide-body freighters will anchor growth for Middle-East hubs. Wide-body passenger aircraft face muted near-term output, yet premium long-haul demand supports lease-rate endurance. Regional jets serve point-to-point connectivity in Brazil, India, and the US, but their share remains below 5% of the commercial aircraft leasing market.

Boeing projects 2,800 additional freighters by 2043, with more than half coming from P2F conversions, executing a virtuous cycle of asset-life extension and residual-value uplift. Lessors that can secure early conversion slots will lock in attractive yields and diversify income away from cyclical passenger demand.

Complete Report Scope:

• By Leasing Type
  • Wet Lease
  • Dry Lease
• By Aircraft Type
  • Narrowbody
  • Widebody
  • Regional Jets
  • Freighter/P2F Converted Aircraft
• By End-User
  • Full-Service/Network Carriers
  • Low-Cost Carriers (LCCs)
  • Dedicated Cargo Airlines
  • Charter and ACMI Operators
• By Lease Duration
  • Short-Term
  • Medium-Term
  • Long-Term
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Ireland
    • United Kingdom
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Middle East
      • United Arab Emirates
      • Saudi Arabia
      • Rest of Middle East and Africa
    • Africa
      • South Africa
      • Rest of Africa

Geography Analysis

Asia-Pacific held 35.12% of global revenue during 2025 as rapid traffic expansion, averaging 4.8% annually, and an order pipeline of 19,500 aircraft through 2043 reinforced fleet-growth needs. Leasing penetration already approaches 60% of the active fleet, well above the global average, demonstrating the centrality of the commercial aircraft leasing market to regional airline strategies. China's CDB Aviation order for 80 A320neo jets and India's Aircraft Objects Bill 2025, which aligns domestic repossession law with Cape Town provisions, strengthen the region's attractiveness for foreign capital.

The Middle East and Africa region is the fastest-growing, posting a 9.33% CAGR through 2031. Saudi-owned AviLease placed its first Boeing order for 30 B737-8 jets and signed for A350F freighters in 2025, supporting the Kingdom's Vision 2030 strategy. Africa's fleet is set to double, and its freighter count will triple, opening a major frontier for lessors specializing in narrowbody cargo conversions.

North America and Europe remain mature yet innovative. Lessors based in Dublin, London, New York, and Los Angeles continue to anchor global funding. Sustainability-linked loans and green bonds originated in these regions and drive environmental transparency throughout the commercial aircraft leasing market. Consolidation, such as Dubai Aerospace Enterprise's acquisition of Nordic Aviation Capital, indicates that economies of scale and funding access remain decisive.

1. AerCap Holdings N.V.
2. SMBC Aviation Capital
3. Avolon Aerospace Leasing Limited
4. Air Lease Corporation
5. BOC Aviation Limited
6. Dubai Aerospace Enterprise (DAE) Ltd.
7. CDB Aviation Lease Finance DAC
8. China Aircraft Leasing Limited (CALC)
9. Aviation Capital Group LLC
10. ICBC Co., Ltd.
11. Jackson Square Aviation Ireland Limited
12. TrueNoord Limited
13. GA Telesis, LLC
14. Carlyle Aviation Partners Ltd.
15. Castlelake, L.P.
16. Falko Regional Aircraft Limited
17. Avation PLC
18. AVILEASE

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid global adoption of the low-cost-carrier model boosting leased-fleet penetration
  • 4.2.2 OEM production bottlenecks extending average lease terms and elevating lease-rate factors
  • 4.2.3 Strong demand for passenger-to-freighter conversions creating secondary leasing boom
  • 4.2.4 Airline decarbonization roadmaps triggering accelerated replacement cycles
  • 4.2.5 Rising lease-rate factors attracting institutional investors
  • 4.2.6 Harmonized legal protections reducing repossession risk and lowering cost of capital
• 4.3 Market Restraints
  • 4.3.1 Escalating OEM list prices and interest-rate volatility compressing lessor yield margins
  • 4.3.2 Complex geopolitical sanctions heightening repossession and redeployment risk
  • 4.3.3 ESG-driven lending policies restricting financing for older, less-efficient aircraft
  • 4.3.4 Technology uncertainty around next-generation propulsion depressing residual-value outlooks
• 4.4 Value Chain Analysis
• 4.5 Regulatory and Technological Outlook
• 4.6 Porter's Five Forces Analysis
  • 4.6.1 Threat of New Entrants
  • 4.6.2 Bargaining Power of Buyers
  • 4.6.3 Bargaining Power of Suppliers
  • 4.6.4 Threat of Substitutes
  • 4.6.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE, USD)

• 5.1 By Leasing Type
  • 5.1.1 Wet Lease
  • 5.1.2 Dry Lease
• 5.2 By Aircraft Type
  • 5.2.1 Narrowbody
  • 5.2.2 Widebody
  • 5.2.3 Regional Jets
  • 5.2.4 Freighter/P2F Converted Aircraft
• 5.3 By End-User
  • 5.3.1 Full-Service/Network Carriers
  • 5.3.2 Low-Cost Carriers (LCCs)
  • 5.3.3 Dedicated Cargo Airlines
  • 5.3.4 Charter and ACMI Operators
• 5.4 By Lease Duration
  • 5.4.1 Short-Term
  • 5.4.2 Medium-Term
  • 5.4.3 Long-Term
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 Ireland
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 Germany
    • 5.5.2.4 France
    • 5.5.2.5 Russia
    • 5.5.2.6 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Singapore
    • 5.5.3.6 Rest of Asia-Pacific
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
      • 5.5.5.1.1 United Arab Emirates
      • 5.5.5.1.2 Saudi Arabia
      • 5.5.5.1.3 Rest of Middle East and Africa
    • 5.5.5.2 Africa
      • 5.5.5.2.1 South Africa
      • 5.5.5.2.2 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 AerCap Holdings N.V.
  • 6.4.2 SMBC Aviation Capital
  • 6.4.3 Avolon Aerospace Leasing Limited
  • 6.4.4 Air Lease Corporation
  • 6.4.5 BOC Aviation Limited
  • 6.4.6 Dubai Aerospace Enterprise (DAE) Ltd.
  • 6.4.7 CDB Aviation Lease Finance DAC
  • 6.4.8 China Aircraft Leasing Limited (CALC)
  • 6.4.9 Aviation Capital Group LLC
  • 6.4.10 ICBC Co., Ltd.
  • 6.4.11 Jackson Square Aviation Ireland Limited
  • 6.4.12 TrueNoord Limited
  • 6.4.13 GA Telesis, LLC
  • 6.4.14 Carlyle Aviation Partners Ltd.
  • 6.4.15 Castlelake, L.P.
  • 6.4.16 Falko Regional Aircraft Limited
  • 6.4.17 Avation PLC
  • 6.4.18 AVILEASE

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-Need Assessment