, /PRNewswire/ -- The global commercial aircraft leasing market size is estimated to grow by .45 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of 9.
48% during the forecast period. Strong market position of irish and chinese lessors is driving market growth, with a trend towards influence of taxes on aircraft leasing. However, fall in the price of crude oil poses a challenge.
Key market players include AerCap Holdings N.V., Air Lease Corp.
, Aircastle Ltd., ALAFCO Aviation Lease and Finance Co., Avolon Aerospace Leasing Ltd.
, Bank of Communications Co. Ltd., BBAM US LP, BOC Aviation Ltd.
, China Aircraft Leasing Group Holdings Ltd., Deucalion Aviation Ltd., Aerospace Enterprise (DAE) Ltd.
, Macquarie Group Ltd., Orix Corp., Saab AB, and Tokyo Century Corp.
. Get a detailed analysis on regions, market segments, customer landscape, and companies- Commercial aircraft leasing market is influenced by various factors, including taxes. Governments impose taxes like Value-Added Tax (VAT) based on the operational characteristics of carriers.
VAT exemptions can lessen the burden on lessors, encouraging market growth. For instance, and offer conditional VAT exemptions. European Union member states provide VAT exemptions for Jet A-1 fuel purchases for charter flights.
Channel Islands of Jersey and Guernsey offer complete VAT exemptions. and have provisions for operators with more than 80% international flights to avail VAT exemptions. These exemptio.