The past five years have been a period of recovery for the industry, following the economic downturn. At the beginning of the period, the industry was in a challenging position as consumer confidence and business profit fell, and demand for air transport contracted. In turn, reduced air traffic meant there was less demand for air transport equipment. Faced with these circumstances, air transport providers cut their expenditure on rented equipment and relied on their in-house equipment instead. Conditions have slowly improved over the past five years, as both consumers and businesses have grown in confidence, domestically and overseas.
Firms in this industry rent and lease air transport equipment for both passenger and freight services. The rental and leasing arrangements covered by the industry only relate to equipment and the lessor does not provide any operators.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.