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Air Transport Equipment Rental & Leasing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Air Transport Equipment Rental & Leasing Market Research Report | SIC N77.350 | May 2017

Profit takes off: Wage costs increased at a slower rate than revenue, supporting profit expansion

IBISWorld’s Air Transport Equipment Rental & Leasing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Rolls-Royce Leasing Limited Rolls-Royce Leasing Limited market share
TCR UK Ltd TCR UK Ltd market share
Industry Statistics & Market Size
Revenue
£347m
Annual Growth 13-18
4.3%
Annual Growth 18-23
Purchase to read more
Profit
Purchase to read more
Employment
1,140
Businesses
292
Industry Threats & Opportunities
  • Weak consumer and business confidence areexpected to cause to air traffic volumes to fall
  • Firms have been reluctant to increase labour costs at the same rate as revenue
  • The number of air kilometres travelled by freight is expected to rise, supporting demand
  • ... purchase to read more

Industry Analysis & Industry Trends

Demand for air transport equipment rental and leasing services tends to fluctuate in line with air traffic volumes, which are largely affected by economic conditions. Faced with uncertainty and low levels of tourism prior to the start of the period, air transport providers cut their expenditure on rented equipment and relied on in-house equipment instead. Conditions have slowly improved over the past five years, as tourism has grown, domestically and overseas. This has boosted air traffic volumes and therefore demand for rented or leased air transport equipment. Over the five years through 2017-18, revenue is expected to grow at a compound annual rate of 4.3% to reach £346.7 million. This includes slower growth of 1.2%... purchase to read more

Industry Report - Industry Products Chapter

The industry provides a range of aircraft, aircraft parts and ground service equipment by way of operating leases. These leases cover equipment only and are referred to as dry leases. Leasing arrangements that include an operator as well as an aircraft or air transport equipment fall outside the scope of the industry. Finance leases relating to aircraft also fall outside the scope of the industry but are covered by the Financial Leasing industry (IBISWorld report K64.910).

In general, under an operating lease the lessor remains the owner of the leased item and lease payments from one customer do not cover the bulk of the value of the leased item. Maintenance and repairs are also carried out by the lessor. Com.. purchase to read more

Additional Insights for the Air Transport Equipment Rental & Leasing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Air Transport Equipment Rental & Leasing Industry are

  • Provision of appropriate facilities
  • Effective product promotion
  • Ability to effectively manage risk
  • IBISWorld analysts also discuss how external factors such as Demand from airports and Outbound tourism by UK residents in the Air Transport Equipment Rental & Leasing industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Air Transport Equipment Rental & Leasing Industry?

    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.

    Industry Products
    Engines and partsGround support equipmentAircraft
     
    Industry Activities
    Renting and leasing ground support equipmentRenting and leasing aircraftRenting and leasing engines and parts


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from airports
  • Outbound tourism by UK residents
  • International tourist numbers
  • Business profit
  • Current Performance
  • Travel turbulence
  • Flying without wings
  • Chart: Revenue Growth
  • Industry Outlook
  • Traffic and tourism
  • Market shift
  • Table: Air Transport Equipment Rental & Leasing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Air Transport Equipment Rental & Leasing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Aircraft, Engine & Parts Manufacturing
  • Aircraft Repair, Maintenance & Overhaul
  • Key Selling Industries
  • Airports
  • Freight Air Transport
  • Scheduled Passenger Air Transport
  • Products & Services
  • Ground support equipment
  • Aircraft
  • Engines and parts
  • Chart: Air Transport Equipment Rental & Leasing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Passenger air transport operators
  • Airports
  • Aircraft repair, maintenance and overhaul
  • Freight air transport operators
  • Chart: Major Market Segmentation for the Air Transport Equipment Rental & Leasing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Utilities and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Air Transport Equipment Rental & Leasing
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Air Transport Equipment Rental & Leasing Industry
  • Industry Globalization
    Major Companies
    Rolls-Royce Leasing Limited
    TCR UK Ltd
  • Table: Rolls-Royce Leasing Limited - financial performance
  • Table: TCR UK Ltd - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Air Transport Equipment Rental & Leasing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Air Transport Equipment Rental & Leasing Industry
  • Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Dry Lease
  • An agreement where the leased aircraft is operated under the lessee's air operator's certificate.
  • Financial Lease
  • An agreement under which payments by the lessee cover the cost of the leased equipment. The leased item appears on the lessee's balance sheet.
  • Operating Lease
  • An agreement under which the liability for the leased aircraft does not appear on the lessee's balance sheet.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Air Transport Equipment Rental & Leasing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Air Transport Equipment Rental & Leasing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Air Transport Equipment Rental & Leasing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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