Market overview
The global aircraft leasing market is worth USD 58.8 bn in 2026 and is forecast to reach USD 100 bn by 2036, growing at a 5.5% CAGR. China is the largest country market and Asia-Pacific is the largest by lessee region segment.
| Scope | Lease revenue of aircraft lessors from operating leases of passenger and cargo aircraft and engines to airlines, including maintenance reserve income. |
|---|---|
| Industry | Travel and Tourism |
| Value 2025 | USD 56.0 bn |
| Value 2026 | USD 58.8 bn |
| Value 2036 | USD 100 bn |
| CAGR 2026-2036 | 5.5% |
| Volume 2026 | 15.4 thousand aircraft on lease |
| Volume 2036 | 21.6 thousand aircraft on lease |
| Average price 2026 | USD 3,808,000 per aircraft on lease |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Aircraft Leasing market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 58.8 bn |
| 2027 | USD 62.0 bn |
| 2028 | USD 65.4 bn |
| 2029 | USD 69.0 bn |
| 2030 | USD 72.8 bn |
| 2031 | USD 76.8 bn |
| 2032 | USD 81.1 bn |
| 2033 | USD 85.5 bn |
| 2034 | USD 90.2 bn |
| 2035 | USD 95.2 bn |
| 2036 | USD 100 bn |
Aircraft Leasing market segmentation
By lessee region
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Asia-Pacific | 34.0% | 37.2% | USD 20.0 bn | 6.5% |
| Europe | 26.0% | 23.6% | USD 15.3 bn | 4.5% |
| North America | 18.0% | 16.3% | USD 10.6 bn | 4.5% |
| Middle East and Africa | 10.0% | 11.0% | USD 5.9 bn | 6.5% |
| Latin America | 12.0% | 12.0% | USD 7.1 bn | 5.5% |
By aircraft
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Narrowbody | 74.0% | 73.6% | USD 43.5 bn | 5.5% |
| Widebody | 16.0% | 15.9% | USD 9.4 bn | 5.5% |
| Freighters and regional aircraft | 10.0% | 10.4% | USD 5.9 bn | 6.0% |
By lease type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Operating lease | 78.0% | 76.0% | USD 45.9 bn | 5.2% |
| Finance lease | 9.0% | 9.0% | USD 5.3 bn | 5.5% |
| Sale and leaseback | 13.0% | 15.0% | USD 7.6 bn | 7.0% |
By lessor type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Large global lessors | 61.0% | 58.0% | USD 35.9 bn | 5.0% |
| Mid-size lessors | 23.0% | 24.0% | USD 13.5 bn | 6.0% |
| Bank and Asian lessors | 16.0% | 18.0% | USD 9.4 bn | 6.8% |
By aircraft age
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| New deliveries | 34.0% | 38.0% | USD 20.0 bn | 6.7% |
| Mid-life | 47.0% | 44.0% | USD 27.6 bn | 4.8% |
| Older aircraft | 19.0% | 18.0% | USD 11.2 bn | 4.9% |
Top 25 countries for aircraft leasing by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 75.0% of 2026 revenue and the 25 countries below together hold 93.0%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 8.8 bn | 15.0% | USD 15.4 bn | 5.7% |
| 2 | United States | USD 7.1 bn | 12.0% | USD 10.6 bn | 4.2% |
| 3 | India | USD 5.3 bn | 9.0% | USD 12.2 bn | 8.7% |
| 4 | Ireland | USD 4.7 bn | 8.0% | USD 7.4 bn | 4.7% |
| 5 | United Kingdom | USD 3.5 bn | 6.0% | USD 5.3 bn | 4.2% |
| 6 | United Arab Emirates | USD 3.5 bn | 6.0% | USD 6.4 bn | 6.2% |
| 7 | Singapore | USD 3.5 bn | 6.0% | USD 6.1 bn | 5.7% |
| 8 | Germany | USD 2.9 bn | 5.0% | USD 4.2 bn | 3.7% |
| 9 | Turkey | USD 2.4 bn | 4.0% | USD 4.3 bn | 6.3% |
| 10 | Brazil | USD 2.4 bn | 4.0% | USD 3.9 bn | 5.2% |
| 11 | Japan | USD 1.1 bn | 1.9% | USD 1.6 bn | 4.2% |
| 12 | France | USD 1.0 bn | 1.8% | USD 1.6 bn | 4.2% |
| 13 | Indonesia | USD 976 mn | 1.7% | USD 1.8 bn | 6.2% |
| 14 | Mexico | USD 923 mn | 1.6% | USD 1.7 bn | 6.2% |
| 15 | Saudi Arabia | USD 870 mn | 1.5% | USD 1.6 bn | 6.1% |
| 16 | Thailand | USD 811 mn | 1.4% | USD 1.5 bn | 6.2% |
| 17 | Malaysia | USD 759 mn | 1.3% | USD 1.4 bn | 6.2% |
| 18 | Vietnam | USD 706 mn | 1.2% | USD 1.3 bn | 6.2% |
| 19 | Australia | USD 653 mn | 1.1% | USD 984 mn | 4.2% |
| 20 | Canada | USD 600 mn | 1.0% | USD 904 mn | 4.2% |
| 21 | Netherlands | USD 541 mn | 0.9% | USD 824 mn | 4.3% |
| 22 | South Korea | USD 488 mn | 0.8% | USD 884 mn | 6.1% |
| 23 | Russia | USD 435 mn | 0.7% | USD 653 mn | 4.1% |
| 24 | Philippines | USD 382 mn | 0.7% | USD 693 mn | 6.1% |
| 25 | Spain | USD 323 mn | 0.6% | USD 492 mn | 4.3% |
| Rest of world | USD 4.1 bn | 7.0% | USD 6.7 bn | 5.0% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- AerCap
- SMBC Aviation Capital
- Avolon
- Air Lease Corporation
- BOC Aviation
- Aircastle
- CDB Aviation
- ICBC Financial Leasing
- BBAM
Group 2: Regional and specialist players
- Jackson Square Aviation
- DAE Capital
- ALAFCO
- Aviation Capital Group
- ACG Aircraft Leasing
- China Aircraft Leasing Group
- Carlyle Aviation Partners
- Macquarie AirFinance
- Nordic Aviation Capital
- Castlelake
Group 3: Emerging and niche players
- Griffin Global Asset Management
- Azorra
- Falko Regional Aircraft
- Willis Lease Finance
- AviLease
- Avation
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the aircraft leasing market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.5% is calculated from the resulting values.
The market is divided by lessee region, by aircraft, by lease type, by lessor type, by aircraft age. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the aircraft leasing market?
The global aircraft leasing market is estimated at USD 56.0 bn in 2025 and USD 58.8 bn in 2026.
How fast will the aircraft leasing market grow?
It is forecast to reach USD 100 bn by 2036, a compound annual growth rate of 5.5% from 2026, an increase of USD 41.6 bn.
Which country is the largest market for aircraft leasing?
China is the largest market by revenue at USD 8.8 bn in 2026, 15.0% of the global total. The three largest countries together hold 36.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 8.7% a year from 2026 to 2036.
Which aircraft leasing segment is largest?
In the by lessee region split, Asia-Pacific is the largest segment with 34.0% of 2026 revenue.
Who are the leading aircraft leasing companies?
Global leaders include AerCap, SMBC Aviation Capital, Avolon, Air Lease Corporation.
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