According to a new report from Intel Market Research, the global Aircraft ACMI Leasing for Passenger market was valued at USD 2,852 million in 2024 and is projected to reach USD 5,336 million by 2032, growing at a notable CAGR of 9.6% during the forecast period (2025–2032). This expansion is driven by increasing airline operational flexibility needs, post-pandemic travel recovery, and the economic advantages of leasing versus aircraft ownership.

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Aircraft ACMI Leasing for Passenger Market - View in Detailed Research Report

What is Aircraft ACMI Leasing?

ACMI (Aircraft, Crew, Maintenance, and Insurance) leasing is an aviation industry practice where an airline operator leases an aircraft along with crew, maintenance services, and insurance coverage to another airline. This turnkey solution enables carriers to rapidly scale operations without long-term capital commitments, making it ideal for seasonal demand fluctuations, route expansions, or temporary capacity shortages.

The model has gained prominence as airlines seek operational agility in unpredictable market conditions. Major ACMI providers typically offer contracts ranging from short-term (1-6 months) to medium-term (1-3 years), with customized service packages tailored to lessee requirements.

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Aircraft ACMI Leasing for Passenger Market - View in Detailed Research Report

Key Market Drivers

1. Post-Pandemic Fleet Optimization Strategies

The aviation industry's recovery from COVID-19 disruptions has accelerated ACMI adoption, with airlines utilizing leased aircraft to test new routes without excessive financial risk. In 2023, ACMI transactions increased by 28% year-over-year as carriers balanced capacity restoration with financial caution.

2. Cost-Effective Capacity Management

ACMI leasing eliminates the need for large capital outlays on aircraft purchases while providing:

3. Specialized Market Applications

Key operational scenarios driving demand include: