Press release
Aircraft Leasing Market is All Set for Overhaul - Fierce competition, Money pressure and Future Forecast
Summery :An up-to-date research has been disclosed by Market Research Future, Which highlights the worldwide Aircraft Leasing Market. The report deep dives into the dynamics of worldwide Aircraft Leasing Market providing helpful and distinctive insights. The Information and Figures shared in an exceedingly precise and structured manner, giving an approximated Picture of the Upcoming market movement. This Report covers the Major Key Players, pie charts and bar-graphs to provide data which can be used to derive the latest trends in the industry.
Competitive Analysis
Characterized by the presence of several major well-established players, the global Market of Aircraft Leasing appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology & product launch in order to gain competitive advantage in this market and to maintain their market position. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. The Key players operating in the market compete based on pricing, technology, reputation and services. Growth potential demonstrated by the market is attracting several new entrants to the market. Key Players are looking up to expand in developing economies. Lessors reduce the burden of capital funding on airlines by buying aircraft and then leasing the assets to airlines. The lessors obtain their funding from the same mix of sources as the industry as a whole.
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The prominent players in the aircraft leasing market include AerCap, Air Lease Corporation, BOC Aviation, GECAS, BBAM, CIT Commercial Air, Aviation Capital Group, Boeing Capital Corporation, SAAB Aircraft Leasing, International Lease Finance Corporation and among others.
Know More about what Industry/ Innovation/ Related News say:
August, 2017:- Air Lease Corporation announced to have a long term lease agreement with Aeromexico for one additional new Boeing 787-9 aircraft with General Electric engines. This aircraft is expected to deliver in June 2018. The reason behind this agreement is that to develop the modern fleet to support companies expanding global operations and their alliance with Delta and other Airlines.
July, 2017 - BOC Aviation announced the opening of a new office in New York City, after Dublin, London and Tianjin. The reason behind this expansion is that the company is expanding and building its presence in North America region.
June, 2017:- AerCap Holdings and the Italian carrier Neos announced the signing of a lease agreement with for two Boeing 737 MAX aircraft. Neos will become the country's first 737 MAX operator when it takes delivery of the airplane in 2019.
May, 2017:- Aviation Capital Group announced that it signed a long-term lease agreements with EL AL Israel Airlines. Under this agreement the company will lease for two new B787-9s aircraft from ACG’s order book commitment with Boeing and two new B787-8s on a sale and lease-back agreement. The first aircraft is expected to deliver in February 2018.
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According to Geographical data, European region have accounted the largest market for global aircraft leasing market owing to the presence of wide range of leasing companies in Ireland. Moreover, Ireland is the major hub for leasing of aircraft consuming around 50% of the total market. Asia-Pacific is the second and the fastest growing region as several coming are coming into operations in China, India, Indonesia, Malaysia and others.
Ireland has established itself as a global hub for aircraft leasing with more than 50% of the total market and out of 15 global lessors 14 global lessor operates from Ireland.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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