In 2023, the production value of renting and leasing air transport equipment in Italy closed at approximately 84.0 million Euros. The forecasted figures indicate a gradual decline from 83.4 million Euros in 2024 to 80.2 million Euros by 2028. This represents a year-on-year decrease, averaging a compound annual growth rate (CAGR) of roughly -0.8% over this five-year period.
Future trends to watch out for include:
- Potential regulatory changes impacting leasing and rental agreements.
- Evolving technology in air transport that could affect equipment demand.
- Economic factors influencing the broader aviation industry's growth.
- Increasing focus on sustainability might drive innovation and shifts in leasing practices.