How much does an aircraft lease cost?

How much does an aircraft lease cost?

Depends on their age, and maintenance condition, and demand at the time. But broadly speaking, a 737–800 on operating lease would cost in the range of $150–$350k per month. A 767 at around $100k-250/300k per month, and a 777 about $400–600k per month.

What company leases airplanes to airlines?


Rank Operating Lessor Narrow body
1 AerCap 970
2 GECAS 1,035
3 Air Lease Corporation 162
4 SMBC Aviation Capital (ex RBS) 378

Is aviation leasing a good career?

One of the most appealing elements of a career in aircraft leasing is the opportunity to get a higher base salary earlier on in your career. As a growing and very competitive industry, employers are keen to hire the best candidates and are willing to offer generous salaries to attract them.

What percentage of commercial planes lease?

In 2020, 46 percent of the total aircraft in use are were leased, which is an exponential increase from only half percent in 1970. In 2020, there were a total of 158 aircraft lessors in the world.

Does Boeing sell or lease airplanes?

In essence, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period.

What are the benefits of leasing an aircraft?

Leasing also offers a certain degree of flexibility and allows airlines who are in financial trouble preserve cash for their survival. When an aircraft is leased to an airline to when they are returned to the lessor, certain tasks have to be done before handing it over.

What is an aircraft finance lease?

In contrast, a finance lease is a long-term lease with an option to purchase the aircraft at the end of the leasing agreement. Upon the final lease payment made by the lessee there will be a transfer of ownership from the lessor to the lessee which will leave the lessee with the residual value interest of the aircraft.

How much does it cost to rent a 747?

The average hourly rental rate of the Boeing 747-400 is around 30,950 USD per hour.

How much does it cost to operate a 777 per hour?

With limited data on the dual engine widebodies, it appears that the Boeing 767 costs around $9,130 per hour to operate, the 777 costs around $7,380 per hour, and the Airbus A330 costs around $7,900 per hour. More engines lead to higher prices.

How much does it cost to lease a 747?

Data presented by, acquired from Collateral Verifications LLC, put the market lease rate for a Boeing 747-400 somewhere between $50,000 and $110,000 per month. Naturally, the value and cost of the aircraft will vary depending on factors such as: Age.

Do most airlines buy or lease planes?

Airlines rely heavily on third-party debt and equity to finance these capital-intensive assets. Today, over 13,300 commercial jet aircraft, valued at approximately $331 billion, are owned by operating lessors and leased on this basis to the global airlines, representing more than 49% of the fleet by value.