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Income and Expenditure

Income and Expenditure

Aircraft leasing sector registered a profit of €4.8bn in 2025

Online ISSN: 2712-0163
CSO statistical release, , 11am

Income, Expenditure and Profits

In 2025, the aircraft leasing industry generated income of €27.6bn and incurred expenditure of €22.8bn resulting in profits of 4.8bn. Income has risen by 45.9%, while expenses rose by 45.6% between 2015 and 2025. Sharp changes in profits occurred in 2020 and 2022. Profits fell 69% between 2019 and 2020. In 2022 profits grew 137% compared to 2021. 

The income figures shown in this chapter are exclusive of income on derivatives, given that this category is considered to be independent of the ordinary operation of aircraft leasing companies. For the same reason, capital gains / losses are excluded from expenditure figures. Expenditure figures shown are inclusive of interest and tax.

IncomeExpenditureProfit
201518.915.73.2
201622.118.63.5
201723.619.54.1
201822.918.44.5
20192419.94.1
20202220.71.3
202121.420.31.1
202221.919.32.6
202322.820.72.1
202424.321.62.7
202527.622.84.8
Table 2.1 Income, Expenditure and Profits

Income

Aircraft leasing companies have earned the majority of their income in their primary activity of the operational leasing of aircrafts. This activity has generated an accumulated €216.9bn for the industry during the period 2015 to 2025, rising 35.1% from €16.7bn in 2015 to €22.6bn in 2025.

Operational Lease IncomeTotal Income
201516.718.9
201619.522.1
20172023.6
201819.422.9
201920.924
202019.622
202118.521.4
202219.421.9
202319.822.8
202420.424.3
202522.627.6

Over the 10-year period, in total €34.8bn of income came from sources other than the primary activity. In 2025, 18.1% of all income came from sources other than aircraft leasing, the highest over the 10-year period.

Table 2.2 Income Sources

Since 2015, the most important regional sources of operational leasing income have been Asia at 41.1%, followed by Europe at 35.9%.

Get the data PXStat ALIA08

10-yr Proportion by Region
Europe35.9
Asia41.1
Americas19.3
Africa2.8
Australia and Oceania0.9

By country, China has been the most significant source, providing 8.7% of all operational leasing income in 10 years. The next largest country was Ireland at 7.5%, followed by the United States at 7.2%.

ChinaIrelandUnited StatesIndiaFranceUnited KingdomBrazilRussiaUnited Arab EmiratesRepublic of KoreaRest of World
10 year Proportion by Country8.77.47.26.24.143.33.132.850.2

Get the data PXStat ALIA09

Expenditure

Wages and salaries represented the smallest proportion of costs over the period, standing at €0.6bn or 2.8% of total expenditure in 2025. The highest cost to the industry in 2025 has been other costs – inclusive of depreciation and tax – standing at €12.6bn or 55.1% of total expenditure. This was followed by interest, standing at €9.6bn or 42.1%.

Other CostsInterest PaidWages and Salaries
201510.54.80.3
201612.35.90.4
201712.16.90.5
201811.36.60.5
201912.66.80.5
202013.56.80.5
202113.16.60.6
202212.46.20.7
202312.47.70.5
202412.190.5
202512.69.60.6
Table 2.3 Expenditure