[Ranking] TOP 25 Aircraft Leasing / Aerospace Companies Q3/2023
Intro
The aircraft leasing industry plays a critical role in the worldwide economy, providing a vital link between aerospace manufacturers and airlines. By leasing aircraft to airlines, these companies enable airlines to expand their fleets without the significant upfront costs of purchasing new planes. This flexibility allows airlines to meet the growing demand for air travel and adapt to market conditions more efficiently.
The influence of the aircraft leasing industry extends far beyond its immediate players. By facilitating the growth of airlines, it drives job creation and economic development in regions where airlines operate. Additionally, it supports the broader aerospace sector by creating a market for new aircraft and encouraging innovation in aircraft design and technology.
The economic magnitude of the aircraft leasing industry is staggering. It is estimated that more than half of the world's commercial aircraft are leased, representing a value of over $400 billion. Furthermore, this industry is experiencing a steady upward trajectory, driven by the increasing demand for air travel in emerging markets and the need for airlines to replace aging fleets with more fuel-efficient planes.
Recent trends in the aircraft leasing industry include the rise of regional leasing companies, particularly in Asia, as well as the growing demand for narrow-body aircraft. These trends are shaping the industry by expanding its global footprint and influencing manufacturers' production strategies. Additionally, breakthroughs in technology, such as the development of electric and autonomous aircraft, have the potential to revolutionize the industry in the coming years.
The landscape of the aircraft leasing industry is constantly evolving, driven by factors such as changing airline business models, regulatory developments, and geopolitical shifts. This dynamic environment creates both opportunities and challenges for companies in the industry, requiring them to stay agile and adapt to new market conditions. In this article, we will explore the top companies in the aircraft leasing sub-industry, examining their strategies, financial performance, and impact on the broader aerospace sector.
Ranking
#25 SMBC Aviation Capital
Employees: 0.5K
Revenue: 1.2B$
Website: https://www.smbc.aero/
Description: SMBC Aviation Capital is a leading aircraft leasing company based in Dublin, Ireland. Founded in 2001, the company specializes in providing leasing solutions for the aerospace industry. With a workforce of approximately 500 employees, SMBC Aviation Capital manages a diverse portfolio of over 400 aircraft, serving airlines across the globe. The company's comprehensive leasing services include aircraft acquisition, financing, and fleet management. SMBC Aviation Capital has established itself as a trusted partner in the aviation industry, offering flexible and cost-effective leasing solutions to meet the evolving needs of its customers. Through its strategic partnerships and commitment to innovation, the company continues to contribute to the growth and development of the aerospace sector.
#24 AerCap Holdings NV
Employees: 3K
Revenue: 1.3B$
Website: https://www.aercap.com/
Description: AerCap Holdings NV is a leading aircraft leasing company based in Amsterdam, Netherlands. Founded in 1978, the company operates in the Aerospace industry, specifically in the Aircraft Leasing sector. With a workforce of approximately 3,000 employees, AerCap provides leasing solutions for a wide range of aircraft to airlines worldwide. The company's revenue stands at 1.3 billion USD. AerCap's expertise in aircraft leasing allows airlines to optimize their fleet composition and financial flexibility. Through its global presence and extensive portfolio, AerCap plays a crucial role in facilitating the growth and operational efficiency of airlines around the globe.
#23 Avolon Holdings Ltd
Employees: 0.5K
Revenue: 2.3B$
Website: https://www.avolon.aero/
Description: Avolon Holdings Ltd is a leading global aircraft leasing company based in Dublin, Ireland. Founded in 2010, Avolon operates in the Aerospace industry, specifically specializing in aircraft leasing. With a workforce of approximately 500 employees, Avolon provides innovative and flexible leasing solutions to airlines worldwide. The company's extensive portfolio includes a wide range of commercial aircraft models, allowing airlines to optimize their fleet and efficiently meet their operational needs. Avolon's dedication to customer service, industry expertise, and financial strength have made it one of the top players in the aircraft leasing industry. With an annual revenue of 2.3 billion dollars, Avolon continues to expand its global presence and maintain its position as a leader in the industry.
#22 B/E Aerospace Inc
Employees: 10.1K
Revenue: 2.5B$
Website: https://www.beaerospace.com
Description: B/E Aerospace Inc, headquartered in Wellington, United States, is a leading company in the Aircraft Leasing industry. Founded in 1987, the company has a workforce of approximately 10.1 thousand employees. With a revenue of 2.5 billion dollars, B/E Aerospace specializes in the leasing of aircrafts, providing a wide range of leasing services to airlines and other aviation operators. They offer flexible leasing options, including short-term and long-term leases, as well as operating leases and finance leases. B/E Aerospace aims to meet the diverse needs of its clients by providing modern, well-maintained aircrafts and excellent customer service. With their extensive industry experience and global network, B/E Aerospace is a trusted partner for airlines looking for cost-effective and reliable aircraft leasing solutions.
#21 TransDigm Group Inc
Employees: 17K
Revenue: 4.5B$
Website: https://www.transdigm.com
Description: TransDigm Group Inc is a leading player in the Aircraft Leasing industry within the Aerospace sector. Headquartered in Cleveland, United States, the company was founded in 1953. With a workforce of approximately 17,000 employees, TransDigm Group Inc operates globally in the aircraft leasing market. The company generates an impressive annual revenue of 4.5 billion US dollars. TransDigm Group Inc focuses on providing high-quality leasing services for a wide range of aircraft, catering to the needs of airlines and other aviation entities. With its strong industry presence and extensive expertise, TransDigm Group Inc continues to contribute significantly to the growth and development of the Aircraft Leasing industry.
#20 Embraer SA
Employees: 18K
Revenue: 6.8B$
Website: https://www.embraer.com
Description: Embraer SA, headquartered in São José dos Campos, Brazil, is a leading player in the Aircraft Leasing industry. The company was founded in 1969 and currently employs approximately 18,000 people. With an annual revenue of 6.8 billion dollars, Embraer SA is a major contributor to the aerospace sector. The company specializes in the design, development, manufacture, and sale of aircraft, primarily in the commercial aviation segment. Embraer SA's aircraft leasing services cater to airlines and other aviation companies worldwide, offering flexible leasing options and a diverse fleet of modern, fuel-efficient aircraft. With its extensive industry experience and commitment to innovation, Embraer SA continues to play a significant role in shaping the global aerospace industry.
#19 Spirit AeroSystems Holdings Inc
Employees: 18.5K
Revenue: 7.9B$
Website: https://www.spiritaero.com
Description: Spirit AeroSystems Holdings Inc, headquartered in Wichita, United States, is a leading company in the Aircraft Leasing industry. Founded in 2005, the company has a workforce of approximately 18,500 employees. With an impressive revenue of 7.9 billion dollars, Spirit AeroSystems specializes in the design, manufacturing, and supply of aerostructures for commercial and defense aircraft. They provide a wide range of products, including fuselages, pylons, wing structures, and nacelles, serving major aircraft manufacturers around the world. With their extensive expertise and state-of-the-art facilities, Spirit AeroSystems plays a crucial role in the aerospace industry, contributing to the development and advancement of aviation technology.
#18 Huntington Ingalls Industries Inc
Employees: 45K
Revenue: 9.2B$
Website: https://www.huntingtoningalls.com
Description: Huntington Ingalls Industries Inc is a leading company in the Aircraft Leasing industry. Headquartered in Newport News, United States, the company was founded in 2011. With a workforce of around 45,000 employees, Huntington Ingalls Industries Inc is actively involved in the Aerospace sector. The company has achieved substantial revenue of 9.2 billion dollars. Huntington Ingalls Industries Inc focuses on providing high-quality aircraft leasing services, catering to the needs of various clients in the aerospace industry. With their expertise and extensive industry experience, the company has established itself as a reliable and trusted player in the aircraft leasing market.
#17 Leonardo SpA
Employees: 36K
Revenue: 13.8B$
Website: https://www.leonardocompany.com/en
Description: Leonardo SpA is a leading aerospace company based in Rome, Italy. With a history dating back to 1948, the company has established itself as a major player in the aircraft leasing industry. Leonardo operates in various segments of the aerospace industry, including defense, security, and helicopters. The company's aircraft leasing division provides comprehensive solutions for airlines, offering a wide range of aircraft for lease. With a workforce of approximately 36,000 employees, Leonardo is committed to delivering innovative and reliable aircraft leasing services to its customers. The company generates an annual revenue of 13.8 billion US dollars, solidifying its position as a key player in the global aerospace market.
#16 Textron Inc
Employees: 33K
Revenue: 14.2B$
Website: https://www.textron.com/
Description: Textron Inc, headquartered in Providence, United States, is a leading company in the Aerospace industry, specifically in Aircraft Leasing. With a history dating back to 1923, Textron Inc has established itself as a prominent player in the industry. The company operates globally, providing innovative solutions and services in the field of aircraft leasing. With a workforce of approximately 33,000 employees, Textron Inc has a strong presence in the market. The company's revenue stands at 14.2 billion US dollars, reflecting its significant contribution to the Aerospace industry.
#15 Rolls-Royce Holdings PLC
Employees: 50K
Revenue: 15B$
Website: https://www.rolls-royce.com/
Description: Rolls-Royce Holdings PLC, headquartered in London, United Kingdom, is a prominent player in the Aircraft Leasing industry. Founded in 1906, the company boasts a workforce of approximately 50,000 employees. With a revenue of 15 billion USD, Rolls-Royce Holdings PLC specializes in providing advanced aerospace solutions, including aircraft engines, propulsion systems, and related services. The company's commitment to innovation and excellence has earned it a reputation as a trusted provider in the aerospace sector. Through its cutting-edge technologies and global reach, Rolls-Royce Holdings PLC continues to play a significant role in shaping the future of aircraft leasing and the broader aerospace industry.
#14 Bombardier Inc
Employees: 69K
Revenue: 15.8B$
Website: https://www.bombardier.com
Description: Bombardier Inc, headquartered in Montreal, Canada, is a prominent player in the Aircraft Leasing industry. Founded in 1942, the company has a workforce of approximately 69,000 employees. With a revenue of 15.8 billion dollars, Bombardier Inc provides a wide range of leasing services for aircraft, catering to the aerospace sector. The company's expertise lies in offering flexible leasing solutions to airlines, manufacturers, and other aviation businesses, enabling them to optimize their fleet management strategies and reduce operational costs. With a strong focus on customer satisfaction, Bombardier Inc has established itself as a trusted partner in the aerospace industry, providing high-quality aircraft leasing services to meet the evolving needs of its clients.
#13 L3Harris Technologies Inc
Employees: 48.5K
Revenue: 18.2B$
Website: https://www.l3harris.com/
Description: L3Harris Technologies Inc is a leading company in the aircraft leasing industry within the Aerospace sector. Headquartered in Melbourne, United States, L3Harris offers a wide range of aircraft leasing services to airlines, providing them with flexible solutions for their fleet requirements. With a rich history dating back to 1948, the company has established itself as a trusted partner in the aviation industry. L3Harris employs approximately 48.5 thousand professionals who are dedicated to delivering high-quality aircraft leasing services. The company's revenue stands at 18.2 billion dollars, reflecting its strong market position and success in meeting the needs of its customers.
#12 Thales SA
Employees: 80K
Revenue: 18.7B$
Website: https://www.thalesgroup.com/en
Description: Thales SA is a global leader in the aerospace industry, operating in aircraft leasing. With headquarters in Paris, France, Thales specializes in providing advanced technology solutions for the aerospace sector. The company was founded in 1893 and has since grown to employ approximately 80,000 people worldwide. Thales generates significant revenue, with an annual turnover of 18.7 billion US dollars. The company's expertise lies in areas such as avionics, flight simulators, air traffic management systems, and satellite communications. Thales plays a crucial role in enhancing safety, efficiency, and connectivity in the aerospace industry through its innovative solutions and services.
#11 Aercap Holdings Nv
Employees: 500K
Revenue: 20B$
Website: https://www.aercap.com
Description: Aercap Holdings Nv is a prominent player in the aircraft leasing industry. Headquartered in Amsterdam, Netherlands, the company operates globally, providing a wide range of leasing solutions for airlines and other aircraft operators. With a history dating back to 1973, Aercap has established itself as a leader in the industry, offering a diverse portfolio of aircraft and a strong network of airline customers. The company serves as a critical link between aircraft manufacturers and airlines, facilitating the efficient utilization of aircraft and enabling airlines to expand their fleets without significant capital investment. Aercap's extensive experience, global reach, and strong relationships in the aerospace industry make it a trusted partner for airlines looking to enhance their operational capabilities and optimize their fleet strategies.
#10 Safran SA
Employees: 100K
Revenue: 24B$
Website: https://www.safran-group.com/
Description: Safran SA is a leading company in the Aircraft Leasing industry within the Aerospace sector. Headquartered in Paris, France, Safran specializes in various aerospace activities, including aircraft leasing. With a history dating back to 2005, the company has grown to employ approximately 100,000 individuals globally. Safran generates significant revenue, with an estimated annual revenue of 24 billion USD. The company's expertise in aircraft leasing allows it to provide tailored solutions and services to airlines, leasing companies, and other stakeholders in the aviation industry. Safran's commitment to innovation and technological advancements positions it as a key player in the aircraft leasing market.
#9 Northrop Grumman Corp
Employees: 90K
Revenue: 35B$
Website: https://www.northropgrumman.com
Description: Northrop Grumman Corp, headquartered in Falls Church, United States, is a leading player in the Aircraft Leasing industry. Established in 1994, the company has grown to employ approximately 90,000 employees worldwide. With a revenue of 35 billion dollars, Northrop Grumman Corp has established itself as a prominent player in the aerospace sector. The company specializes in the leasing of aircraft, providing innovative solutions and cutting-edge technologies to meet the evolving needs of the industry. Through its strategic partnerships and strong market presence, Northrop Grumman Corp continues to drive advancements in the field of aircraft leasing, contributing to the growth and development of the aerospace industry.
#8 General Dynamics Corp
Employees: 100K
Revenue: 39B$
Website: https://www.generaldynamics.com
Description: General Dynamics Corp, headquartered in Falls Church, United States, is a leading company in the Aircraft Leasing industry. Founded in 1952, the company has a workforce of approximately 100,000 employees. With a revenue of 39 billion dollars, General Dynamics Corp operates globally, providing comprehensive aircraft leasing solutions. The company offers a wide range of services, including aircraft procurement, leasing, and fleet management. General Dynamics Corp collaborates with various airlines and transportation companies to meet their specific needs. With its extensive industry experience and expertise, the company continues to be a major player in the aerospace sector.
#7 Mitsubishi Heavy Industries Ltd
Employees: 80K
Revenue: 40B$
Website: https://www.mhi.com
Description: Mitsubishi Heavy Industries Ltd, headquartered in Tokyo, Japan, is a leading player in the Aircraft Leasing industry within the Aerospace sector. The company was founded in 1934 and currently employs approximately 80,000 people worldwide. With a revenue of 40 billion US dollars, Mitsubishi Heavy Industries Ltd operates in the aircraft leasing market, offering a range of services and solutions to support the aviation industry. Their expertise and extensive portfolio make them a key player in providing aircraft leasing options to airlines, enabling them to efficiently manage their fleet and meet their operational needs. Through their innovative approach and commitment to customer satisfaction, Mitsubishi Heavy Industries Ltd has established itself as a trusted partner in the aircraft leasing industry.
#6 Boeing Co
Employees: 150K
Revenue: 58B$
Website: https://www.boeing.com
Description: Boeing Co is a leading company in the Aircraft Leasing industry. Headquartered in Chicago, United States, it has been in operation since 1916. With a workforce of approximately 150,000 employees, Boeing operates as a key player in the aerospace sector. The company generates a revenue of around 58 billion US dollars. Boeing is widely recognized for its expertise in designing, manufacturing, and servicing aircraft, including commercial airplanes, defense systems, and space technologies. With its long-standing history and global presence, Boeing continues to play a significant role in the advancement of aerospace and aviation technology.
#5 Lockheed Martin Corp
Employees: 100K
Revenue: 60B$
Website: https://www.lockheedmartin.com
Description: Lockheed Martin Corp, headquartered in Bethesda, United States, is a leading company in the Aircraft Leasing industry. With a history dating back to 1995, the company has established itself as a key player in the aerospace sector. Lockheed Martin Corp operates globally, providing a wide range of aircraft leasing services to customers around the world. The company employs approximately 100,000 employees and generates annual revenue of 60 billion dollars. With its extensive experience and expertise, Lockheed Martin Corp continues to contribute to the growth and development of the aerospace industry.
#4 Airbus SE
Employees: 130K
Revenue: 70B$
Website: https://www.airbus.com/
Description: Airbus SE, headquartered in Toulouse, France, is a major player in the Aircraft Leasing industry within the Aerospace sector. Founded in 1970, Airbus has grown to become one of the world's leading aircraft manufacturers. With a workforce of approximately 130,000 employees, Airbus designs, manufactures, and sells commercial aircraft, military aircraft, helicopters, and space systems. The company's revenue reached 70 billion US dollars, making it a significant contributor to the global aerospace market. Airbus continues to innovate and deliver cutting-edge aircraft solutions to meet the demands of the aviation industry, ensuring safe and efficient air travel worldwide.
#3 United Technologies Corp
Employees: 240K
Revenue: 77.0B$
Website: https://www.utc.com/
Description: United Technologies Corp is a leading company in the Aircraft Leasing industry. Headquartered in Hartford, United States, the company was founded in 1929. With approximately 240,000 employees, United Technologies Corp is a major player in the aerospace sector. The company generates an impressive revenue of 77.0 billion dollars. United Technologies Corp focuses on providing innovative solutions and technologies in the aircraft leasing sector, contributing to the advancement of the aerospace industry. With a strong commitment to excellence and customer satisfaction, the company continues to thrive and make significant contributions to the global aerospace market.
#2 Raytheon Technologies Corp
Employees: 243K
Revenue: 80B$
Website: https://www.rtx.com
Description: Raytheon Technologies Corp, headquartered in Waltham, United States, is a leading company in the Aircraft Leasing industry. Established in 2020, the company has a workforce of approximately 243,000 employees. With an impressive revenue of 80 billion dollars, Raytheon Technologies Corp operates in the Aerospace sector, specifically focusing on Aircraft Leasing. The company plays a significant role in providing leasing services for aircraft, contributing to the growth and development of the aerospace industry. Through its expertise and extensive resources, Raytheon Technologies Corp continues to make significant contributions to the Aircraft Leasing industry.
#1 General Electric Co
Employees: 200K
Revenue: 95.2B$
Website: https://www.ge.com
Description: General Electric Co, headquartered in Boston, Massachusetts, is a leading company in the Aircraft Leasing industry. With a rich history dating back to its founding in 1892, General Electric Co has established itself as a major player in the aerospace sector. The company operates globally, providing a wide range of aircraft leasing services to airlines and other aviation customers. With a workforce of approximately 200,000 employees, General Electric Co is dedicated to delivering innovative and sustainable solutions to meet the evolving needs of the industry. In 2020, the company reported a revenue of 95.2 billion US dollars, solidifying its position as a key player in the aerospace market.
Summary
The aircraft leasing sub-industry within the aerospace sector has witnessed significant growth in recent years, with several companies emerging as industry leaders. These companies have achieved remarkable success and have been ranked among the top in the sector.
One outstanding finding is the increasing demand for aircraft leasing services, driven by the growth of the global aviation industry. The companies in this sub-industry have capitalized on this opportunity by expanding their fleets and offering innovative solutions to meet the evolving needs of airlines.
Among the premier companies in the aircraft leasing sub-industry are AerCap Holdings, Air Lease Corporation, and GECAS. These companies have established themselves as key players in the market and have a strong presence globally.
One shared element among these leading firms is their extensive aircraft portfolios. They possess a diverse range of aircraft types, enabling them to cater to the specific requirements of different airlines. Additionally, these companies have strong relationships with manufacturers, allowing them to acquire new aircraft at competitive prices.
What sets these eminent companies apart from their rivals is their focus on customer service and flexibility. They work closely with airlines to provide tailored solutions, such as lease terms and maintenance packages, that align with the unique needs of each customer. Moreover, their financial stability and expertise in the industry make them preferred partners for airlines worldwide.