Aircraft Leasing Market Taking Off Again
The use of aircraft operating leases has increased over the last 40 years. In 1980, less than 2% of the world’s Western-built jet aircraft were leased. This has significantly increased over the years to the point where approximately 50% of the world’s aircraft were leased at the beginning of 2020. According to research, the global aircraft leasing market was estimated to reach USD 78 billion by 2026 due to factors such as the need for airlines to expand their fleets and the g