Aircraft leasing companies are pivotal in modern aviation, offering airlines flexible and cost-effective fleet solutions. Here are five leading firms reshaping global aviation:
1. AerCap
Overview: Based in Dublin, AerCap is the world's largest aircraft leasing company.
Fleet: As of December 31, 2022, AerCap owned 1,572 aircraft, with a weighted average age of 7.2 years.
Global Reach: Serves over 300 customers in 80 countries
2. Avolon
Overview: Headquartered in Dublin, Avolon is a prominent aircraft leasing company with a global presence.
Fleet Expansion: In September 2024, Avolon agreed to acquire Castlelake Aviation Limited, adding 118 aircraft valued at $5 billion to its portfolio.
Recent Settlement: In February 2025, Avolon settled a lawsuit with insurers over jets stranded in Russia, highlighting its proactive approach to geopolitical challenges.
3. SMBC Aviation Capital
Overview: Formerly RBS Aviation Capital, SMBC Aviation Capital is among the world's largest aircraft leasing companies.
Fleet: As of December 31, 2023, the company boasts a portfolio of 982 owned, managed, and committed aircraft, serving over 150 airline customers in more than 50 countries.
Strategy: Focuses on leasing technologically advanced, fuel-efficient aircraft to maintain a young fleet with an average age of 5.4 years.
4. Air Lease Corporation
Overview: Founded in 2010, Air Lease Corporation is a leading American aircraft leasing company.
Fleet: As of 2024, the company owns 472 aircraft, comprising 354 narrow-body and 118 wide-body models, with an additional 320 aircraft on order
Business Model: Purchases new commercial aircraft directly from manufacturers like Boeing and Airbus and leases them to airline customers worldwide.
5. BOC Aviation
Overview: Headquartered in Singapore, BOC Aviation is the largest aircraft operating leasing company in Asia.
Global Presence: Maintains offices in Dublin, London, New York, and Tianjin, serving a diverse range of airline customers.
These aircraft leasing companies are instrumental in shaping the future of global aviation, offering innovative solutions and maintaining robust fleets to meet the evolving demands of airlines worldwide.
