Air Transport Equipment Rental & Leasing in the UK - Industry Research Report

Taking off: Rising outbound tourist numbers are aiding industry revenue growth in 2022-23

The Air Transport Equipment Rental and Leasing industry performed strongly for much of the period before the COVID-19 outbreak. The main clients of the sector are passenger air transport operators and airports. Since 2017-18, international tourist numbers surged as the pound's value plunged following the EU referendum. Increased tourism benefitted budget airlines, which positively affected renting and leasing ground support equipment. Air Transport Equipment Rental and Leasing revenue will increase at a compound annual rate of 5.7% over the five years through 2022-23 to reach £967 million.

Firms in this industry rent and lease air transport equipment for passenger and freight services. The rental and leasing arrangements covered by the industry only relate to equipment like aircraft, baggage transport and engines. Only operating leases are included in the industry; financial leasing is excluded.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.