The global helicopter leasing market size was valued at USD 4.55 billion in 2023. The market is projected to grow from USD 4.99 billion in 2024 to USD 10.13 billion by 2032, exhibiting a CAGR of 9.3% during the forecast period.
Helicopter leasing is an agreement between the owner and lessor, where the owner permits the lessor to use the helicopter. There are two primary types: a dry lease (helicopter rental without crew, maintenance, or insurance, with the lessee responsible for operations) and a wet lease (helicopter rental with crew, maintenance, and insurance included, but the lessee still retains control). As older helicopters reach the end of their operational life, demand for newer, more efficient models is driving this leasing market. Advanced helicopters with improved fuel efficiency, avionics, and safety systems are becoming increasingly attractive for lease, supporting market growth.
EU and U.S. sanctions on Russia, following its invasion of Ukraine, have severely disrupted Russia’s aviation sector, particularly targeting aircraft leases. Western lessors were mandated to terminate contracts, while the aviation insurance industry faces significant losses, with total insured damages expected to exceed USD 20 billion. Regulatory challenges, such as asset recovery and insurance complexities, further complicate the market.
Fortune Business Insights™ provides this information in its research report, titled “Helicopter LeasingMarket, 2024-2032”.
Information Source:
https://www.fortunebusinessinsights.com/helicopter-leasing-market-111129
List of Key Players Mentioned in the Report:
Segmentation: