Singapore’s aviation sector has seen a significant increase in the demand for aircraft leasing services. This has led to the emergence and expansion of various aircraft leasing companies in the region.
These companies are crucial in providing airlines with operational flexibility, financial advantages, and access to a modern fleet without the substantial capital expenditure of purchasing aircraft outright.
Read into some of the top aircraft leasing companies based in Singapore, showcasing their contributions to the local and global aviation landscapes.
These companies support airlines’ growth and sustainability through innovative leasing solutions, reinforcing Singapore’s position as a pivotal aviation hub.
#1. Singapore Air Charter
| Website: | https://singaporeaircharter.com/ |
| Location: | 66 Seletar Aerospace View, 02-03 WOA Aviation Hangar, Singapore 797509 |
| Operating Hours: | Open 24 hours |
| Contact: | +65 6549 7809 (Call)+65 9338 1320 / +65 8137 1015 (Phone)+65 6549 7701 (Fax) charter@singaporeaircharter.com (Email) |
Singapore Air Charter stands out as a leading aircraft leasing company. It was founded by an airline captain in 2010 to revolutionise the air charter industry.
This company is dedicated to providing customised air charter services, aircraft acquisition, and management solutions tailored to meet the unique needs of its clients.
With a team of highly experienced aircraft captains, Singapore Air Charter boasts an unparalleled level of expertise, having piloted a diverse range of aircraft, from small piston float planes to supersonic fighter jets.
This broad experience allows them to offer an extensive array of aviation solutions that exceed customer expectations and set new standards in travel.
As a top choice for aircraft leasing in Singapore, their commitment to excellence has propelled them from strength to strength, establishing a reputation for superior service and reliability.
#2. BOC Aviation
| Website: | https://www.bocaviation.com/ |
| Location: | 79 Robinson Road, #15-01, Singapore 068897 |
| Operating Hours: | NA |
| Contact: | +65 6323 5559 (Call)+65 6323 6962 (Fax) |
BOC Aviation is recognised as one of the largest aircraft leasing companies globally, with a business model bolstered by strong global aviation industry trends.
This leading aircraft lease corporation has built its reputation on its aircraft’s mobility and long economic lives, benefitting from long-term, U.S. Dollar-denominated cash flows from a globally diversified airline customer base.
Their scale and investment-grade credit ratings position them as a preferred partner for aircraft manufacturers and airline customers, enhancing their market competitiveness.
BOC Aviation’s strategy revolves around purchasing new, fuel-efficient, in-demand commercial aircraft at competitive prices, efficiently financing these purchases, and placing the aircraft on long-term operating leases.
With 29 years of continuous profitability, BOC Aviation and its expertise in comprehensive aircraft remarketing, technical management, and finance leases underscores its leadership and innovation in the aircraft leasing industry.
#3. Avation PLC
| Website: | https://www.avation.net/ |
| Location: | 65 Kampong Bahru Road, #01-01 Singapore 169370 |
| Operating Hours: | Mon to Fri: 9am – 5pmSat and Sun: Closed |
| Contact: | +65 6252 2077 (Call) |
Avation PLC is a prominent name in the commercial aviation industry, specialising in leasing passenger aircraft to airlines worldwide.
With a keen focus on the future, Avation is committed to new technology and low CO2 emission aircraft, demonstrating its dedication to environmental sustainability.
Its diverse customer base includes well-known airlines such as easyJet, Eva Air, and Philippine Airlines, among others.
The fleet under Avation’s management showcases a range of Airbus and Boeing models, including the A320, A220, 737 NG, and 777-300ER, as well as ATR 72 aircraft.
The company prides itself on financial growth and continuously enhancing its fleet’s size and quality. With a management team rich in aviation expertise, Avation excels in selecting valuable aircraft for its portfolio, ensuring high customer performance and robust returns for its shareholders.
#4. Jackson Square Aviation
| Website: | https://jsa.com/ |
| Location: | 8 Marina View, Asia Square Tower 1, Level 42-092, Singapore 018960 |
| Operating Hours: | NA |
| Contact: | +65 6832 5142 (Call) |
Jackson Square Aviation is a leading aircraft leasing company within the global commercial aircraft sector, providing airlines with competitive financing, customised fleet solutions, and proactive service.
This company has built a reputation for fostering long-term relationships with airlines worldwide, supported by an experienced and international team.
Jackson Square Aviation offers its clients unparalleled fleet and capital flexibility, which is crucial for their fleet replacement and expansion strategies. Since its inception in 2010, Jackson Square Aviation has grown its portfolio to include a young and efficient fleet of Airbus and Boeing aircraft.
Today, the company boasts a significant presence, with 269 aircraft owned, committed, and managed, serving 61 leading airlines across 29 countries.
As a Mitsubishi HC Capital Inc. group member, Jackson Square Aviation benefits from being part of a vast, globally recognised leasing and financial services network, further solidifying its position in the aviation capital and aircraft financing markets.
#5. LCI Singapore Aviation Pte. Ltd.
| Website: | https://www.lciaviation.com/ |
| Location: | 20 Anson Road, #10-01A Twenty Anson, Singapore 079915 |
| Operating Hours: | NA |
| Contact: | +65 6223 4413 (Call) |
LCI Singapore Aviation Pte. Ltd., founded in 2004, has emerged as a pioneering force in the aviation sector, spanning commercial fixed-wing, helicopter, and advanced air mobility markets.
With a global footprint that includes offices in Dublin, London, and Singapore, LCI has executed transactions exceeding US$10 billion in the aviation landscape.
The company boasts a diversified fleet of about 160 helicopters and fixed-wing aircraft, complemented by an additional 170 units on order.
LCI’s esteemed clientele includes prominent airlines like British Airways, Air France, and Singapore Airlines, alongside leading helicopter operators such as Babcock, Bristow, and Omni.
This achievement underscores its reputation as a leading aviation company. LCI’s success is powered by its seasoned management team’s close relationships with aircraft manufacturers, engine producers, and major financial institutions.
Owned by Libra Group and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), LCI is a testament to excellence in aircraft leasing and aviation services.
#6. Titan Singapore Aircraft Leasing
| Website: | https://www.atlasairworldwide.com/our-companies/titan-aviation-leasing/ |
| Location: | 6 Temasek Boulevard, #35-01 Suntec Tower Four, Singapore 038986 |
| Operating Hours: | NA |
| Contact: | +65 6988 5281 (Call) info@titanaviationleasing.com (Email) |
Titan Aviation is prestigious in the aircraft leasing industry, focusing on freighter aircraft catering to various aviation needs.
Ranking among the top global aircraft leasing companies by asset value, with a portfolio exceeding US $1 billion, Titan Aviation is recognised for its expertise in dry leasing, sale-leaseback, commercial aircraft and related equipment servicing.
The company’s diverse customer base spans international flag carriers, express operators, e-commerce giants, low-cost airlines, and regional and domestic carriers.
Titan’s differentiation lies in its deep domain expertise, providing innovative leasing solutions that enable customers to manage capital efficiently and expand capacities without the burden of asset value fluctuations.
Titan also facilitates access to capital markets, enhancing operational efficiency and growth for its clients.
With a commitment to offering leading-edge commercial aircraft that boast superior operating economics, it enables its customers to sharpen their competitive edge in the aviation industry.
#7. SOS Aviation Pte. Ltd.
| Website: | http://www.sos-aviation.com.sg/ |
| Location: | 391B Orchard Rd, Level 22, Ngee Ann City Tower B, Singapore 238874 |
| Operating Hours: | Open 24 hours |
| Contact: | +65 9047 8379 (Call)+65 8300 6095 (Call) |
SOS Aviation Pte. Ltd., established in Singapore, is venturing into the aviation industry with a unique blend of services, including aircraft sales, leasing, management, and Medevac, alongside other business lines.
With a foundation laid by professionals from diverse fields such as business management, IT, and medical backgrounds and experience in the Medevac industry, SOS Aviation aims to set new trends in the aviation business industry.
This commitment is further reinforced by the involvement of business investors with extensive expertise in aviation.
SOS Aviation provides transparent and best-fit solutions for each client’s needs, ensuring that experts meticulously handle every requirement.
Emphasising the importance of a relationship beyond just client-consultant interactions, SOS Aviation values transparency and honesty, striving to treat every client as a business partner.
#8. Aircraft Charters International Pte. Ltd
| Website: | https://www.aircraftchartersintl.com/ |
| Location: | 80 Airport Boulevard #04-67, Passenger Terminal Building 1, Singapore Changi International Airport, Singapore 918642 |
| Operating Hours: | NA |
| Contact: | +65 6542 0800 (Call) sales@aircraftchartersintl.com (Email) |
Aircraft Charters International Pte. Ltd. is a leading aviation company offering a comprehensive range of services, from aircraft sales and leasing to efficient chartering for cargo and passenger uses.
This includes acting as a general sales agent and airline representative and providing a suite of other airline support services such as ground handling and assistance with permit and navigation route applications.
With its vast knowledge of global aircraft availability and a large database, the company quickly matches aircraft to customer requirements. Operating as an independent, privately-owned entity, Aircraft Charters International prioritises customer satisfaction, providing flexible and high-quality service.
Their broad experience in various aspects of aircraft operations has been instrumental in the company’s growth, making them a pivotal player in meeting diverse aviation needs worldwide.
#9. Chapman Freeborn Airchartering Pte. Ltd.
| Website: | https://chapmanfreeborn.aero/ |
| Location: | 8 Temasek Boulevard, #08-03 Suntec Tower Three, Singapore 038988 |
| Operating Hours: | Mon to Fri: Open 24 hoursSat and Sun: Closed |
| Contact: | +65 6542 1316 (Call) sincargo@chapmanfreeborn.aero (Email)sinpax@chapmanfreeborn.aero (Email)obc@chapmanfreeborn.aero (Email) |
Chapman Freeborn Airchartering Pte. Ltd. excels in providing comprehensive aircraft leasing solutions to airlines globally, specialising in ACMI (Aircraft, Crew, Maintenance, and Insurance) leasing. This includes various leasing options such as Wet, Damp, Dry, and Hybrid leases to accommodate different operational needs.
With a significant presence in 19 countries and access to over 50,000 aircraft, Chapman Freeborn leverages its global strength and extensive network of airline relationships to offer competitive aircraft solutions.
Their expertise ensures they are well-equipped to handle last-minute sub-charters or assist in fulfilling a busy flight schedule, offering flexibility and reliability.
Chapman Freeborn’s deep market knowledge and connections enable them to source the best aircraft leasing options at competitive prices, underscoring their position as a leader in the aviation services sector.
#10. Air Partner Aviation Services Ltd
| Website: | https://www.airpartner.com/en/ |
| Location: | Marina Bay Financial Centre, Tower 1, Level 11, 8 Marina Boulevard, Singapore 018981 |
| Operating Hours: | NA |
| Contact: | +65 6653 4115 (Call) singapore@airpartner.com (Email) |
Air Partner Aviation Services Ltd is at the forefront of the aviation industry, providing unparalleled flight assurance to its clients.
This leading aircraft leasing company offers immediate ‘go now’ ACMI charter solutions and comprehensive long-term wet or damp lease agreements, ensuring a broad spectrum of cost-effective aviation services.
Their multi-lingual leasing experts deliver flexible advice tailored to each unique leasing request. They are backed by a comprehensive, real-time worldwide database that adapts to the dynamic market, ensuring swift and effective solutions.
Beyond short-term programme recovery, Air Partner Aviation Services also excels in presenting longer-term leasing solutions, innovative ideas, and seasonal counter-cyclical opportunities. This makes them a trusted partner in the commercial aviation industry for airlines worldwide.
#11. WingsOverAsia
| Website: | https://www.wingsoverasia.com/ |
| Location: | 66 Seletar Aerospace View, WOA Aviation Hangar66, Singapore 797509 |
| Operating Hours: | Mon to Fri: 9am – 6pmSat to Sun: Closed |
| Contact: | +65 6659 6225 (Call) |
WingsOverAsia (WOA) commits to blending luxury with safety in the aviation industry without compromise. Offering a range of services, this aviation company prides itself on its experienced team of professionals who ensure operational excellence under the scrutiny of international regulatory bodies.
WOA utilises modern aircraft that are thoroughly inspected to guarantee airworthiness and safety. As a unique entity, WOA also incorporates Flying Club and ClubWOA, managed by WingsOverAsia Pte Ltd, offering aircraft charters/lease services and acting as an agent for Club members.
With the Seletar Clubhouse & Hangar66 Facility under its ownership and operational control exercised by licensed air operator certificate holders, WOA stands as a distinctive player in the aviation services sector.
#12. Luxe Aloft Aviation Pte. Ltd
| Website: | https://luxealoftaviation.com/ |
| Location: | 143 Cecil St, #16-03 GB Building, Singapore 069542 |
| Operating Hours: | Mon to Fri: 9am – 6pmSat to Sun: Closed |
| Contact: | +65 6904 8314 (Call) |
Luxe Aloft Aviation Pte. Ltd is dedicated to elevating the private flying experience for its distinguished clientele to global destinations.
Specialising in fleet management, this premier private jet charter service is committed to offering an extensive array of aircraft chartering options, ensuring each journey is unparalleled.
Luxe Aloft Aviation places the highest importance on customer experience, aiming to cater to the unique needs of business executives seeking efficient transportation and vacationers looking for ultimate comfort.
By blending luxury with convenience, they provide a broad spectrum of private charter options designed to meet specific requirements, emphasising comfort, privacy, and convenience.
Luxe Aloft Aviation is devoted to creating unforgettable travel experiences, making it a leading name for those seeking bespoke air travel solutions in the private aviation sector.
#13. Air Charter Service
| Website: | https://www.aircharter.sg/ |
| Location: | Three Temasek Avenue, #22-02 Centennial Tower, Singapore 039190 |
| Operating Hours: | Open 24 hours |
| Contact: | +65 6230 7455 (Call) |
Air Charter Service is a global leader in the aviation industry, offering a comprehensive suite of charter solutions and ACMI Leasing to airlines worldwide.
Catering to airline startups, providing extra fleet capacity, handling scheduled maintenance, facilitating pilgrimage flights, testing new markets, launching new routes, and managing delayed delivery of new aircraft is part of their extensive service portfolio.
Their dedicated ACMI team is equipped to deliver the best leasing solutions swiftly, ensuring all aspects of the lease are managed efficiently throughout the contract period.
Air Charter Service provides around-the-clock AOG emergency contact for technical support and urgent charter solutions. Their unrivalled experience and global presence make them a preferred partner for airlines seeking convenient and reliable aviation solutions.
#14. Jetex Singapore
| Website: | https://www.jetex.com/ |
| Location: | 21 Seletar Aerospace Road 1, Singapore 797405 |
| Operating Hours: | Open 24 hours |
| Contact: | +65 6908 5270 (Call)+65 8909 3980 (Call) fbo.sin.bombardier@jetex.com (Email) |
Jetex Singapore offers a specialised in-house brokerage service for buying, selling, or leasing business, commercial, or cargo aircraft.
Their comprehensive service covers all phases of the sale and acquisition process, including marketing, sourcing, and purchasing. With an in-house expert team with industry-leading experience, Jetex ensures a smooth transaction for prospective clients.
Their global network and access to aircraft not openly listed provide clients with a wide selection of aircraft that best suit their requirements.
Jetex’s technical team offers expert Pre-Purchase Inspection (PPI) advice and post-sales support. This positions them as a strategic business partner with an extensive network of potential buyers and a strong portfolio of international high-net-worth individuals.
#15. Private Jet Singapore
| Website: | https://www.privatejet.com.sg/ |
| Location: | 1 Commonwealth Ln, Singapore 149544 |
| Operating Hours: | Mon to Fri: 10am – 5pm Sat to Sun: 10am – 1pm |
| Contact: | info@privatejet.com.sg (Email) |
Private Jet Singapore is revolutionising air charter services, offering extensive business and leisure travel services, and ensuring a private charter industry leader.
Their business jet service is designed to meet the rigorous standards of professional travel, offering exclusive ambience and luxury settings for an efficient journey.
Private Jet Singapore provides private and group charter services for leisure travellers that emphasise comfort, privacy, and a memorable experience. Their world-class cargo charter services cater to global companies, offering extensive capacity for various goods and services.
Their helicopter charter service also combines affordability with reliability, featuring first-class machines operated by experienced pilots.
Private Jet Singapore’s business jets cater to executives and senior management, enabling them to fulfil tight schedules and conduct multiple meetings or site visits daily.
#16. Nordic Aviation Capital
| Website: | https://www.nac.dk/ |
| Location: | 60 Anson Road, #18-04 Maple Tree Anson, Singapore 079914 |
| Operating Hours: | NA |
| Contact: | +65 6735 7014 (Call) |
Nordic Aviation Capital (NAC) is a regional aircraft leasing company that has held the title of the world’s largest regional aircraft leasing company since January 2020.
NAC’s ambitions soar beyond its current stature, aiming to cement its leadership in regional aircraft leasing while expanding its fleet to include larger narrowbody aircraft, such as the new and used members of the 737 and A320 families.
This strategic growth is propelled by an experienced Executive Leadership Team, inaugurated in 2022, which brings a wealth of knowledge from diverse backgrounds in aircraft leasing, airline operations, OEMs, and lessor trading.
The company also adopts a full life cycle approach to aircraft portfolio management, emphasising the trading of mature and leased aircraft, spare engines, and cargo conversions, showcasing its versatility and forward-thinking approach in the dynamic aviation industry.
#17. Asia Cargo Network
| Website: | https://www.asiacargonetworkgroup.com/ |
| Location: | Asia Square Tower 1, 8 Marina View, #14-07, Singapore 018960 |
| Operating Hours: | NA |
| Contact: | +65 6295 2204 (Call) sales@asaviation.com.sg (Email) |
Asia Cargo Network (ACN), with its expansive footprint that stretches from Singapore across Southeast Asia, the Middle East, and Europe, is a formidable conglomerate in the aviation sector.
Owning four cargo airlines, including Asia Cargo Airlines Indonesia, RGA Airlines Indonesia, World Cargo Airlines Malaysia, and MENA Airlines Bahrain, ACN is pivotal in providing freighter aircraft services, aircraft leasing, and comprehensive aviation-related services.
Catering to a diverse clientele that spans e-commerce platforms, world-renowned courier companies, postal services, natural resource explorers, and the broader logistics sector, ACN’s offerings are integral to the global supply chain.
The company excels in wet and dry aircraft leasing solutions, encompassing Aircraft, Crew, Maintenance, and Insurance (ACMI) leasing, demonstrating its capability to meet the varied needs of the global market with proficiency and reliability.
#18. Transportation Partners
| Website: | https://www.transportationpartners.com/ |
| Location: | 350 Orchard Road, #19-08 Shaw House, Singapore, 238868 |
| Operating Hours: | NA |
| Contact: | +65 3157 5360 (Call) information@transportationpartners.com (Email) |
Transportation Partners (TP), an integrated aircraft leasing entity established in 2011 by Lion Air Chairman Rusdi Kirana, has carved a niche within the competitive landscape of the aviation industry.
With strategic locations in Singapore and Dublin, TP specialises in leasing aircraft, engines, and components primarily to Lion Air and its affiliated airlines and a broader clientele.
The company distinguishes itself through a suite of ancillary services, ranging from financing and advisory to managing spare parts and components.
Licensed under Singapore’s Economic Development Board’s Aircraft Leasing Scheme (ALS), TP embodies a holistic approach to aviation services, reflecting its dedication to innovation and excellence in meeting the demands of airlines worldwide.
This approach emphasises TP’s significance in the aviation leasing and services domain and highlights its commitment to contributing to the growth and sustainability of the global aviation industry.
Importance Of Aircraft Leasing In Singapore’s Aviation Sector
In Singapore’s dynamic aviation landscape, aircraft leasing emerges as a cornerstone, significantly contributing to the industry’s growth and global competitiveness. This sector fuels the local economy through substantial investments and job creation and propels Singapore’s status as an international aviation hub.
Here are the advantages of leasing an aircraft in Singapore:
- Contribution to the Local Economy: Aircraft leasing significantly boosts Singapore’s economy. By hosting both small and large aircraft leasing companies, the sector attracts aircraft investors worldwide, fostering a vibrant financial ecosystem. This influx of aviation capital enhances Singapore’s reputation as a hub for global finance and leasing activities.
- Job Creation: The aircraft leasing industry is a significant employer in Singapore. The sector offers a wide range of employment opportunities, from the management of leases to the maintenance support of leased aircraft. This includes fleet management, legal services, and finance roles, contributing to the nation’s job market diversity.
- Enhancement of Singapore’s Global Aviation Hub Status: By facilitating world travel and enabling airlines to explore new routes efficiently, aircraft leasing companies play a pivotal role in expanding Singapore’s aviation network. This improves connectivity and strengthens Singapore’s position as a leading global aviation hub.
- Synergy with Aviation-related Services
- Maintenance, Repair, and Overhaul (MRO) Services: Aircraft leasing companies work closely with MRO services to ensure aircraft are maintained to the highest standards, reducing operation costs and ensuring safety and reliability.
- Aviation Finance and Legal Services: There’s a strong collaboration between leasing companies and financial/legal services, ensuring smooth transactions, compliance with international regulations, and financial viability for both aircraft owners and operators.
- Wet and Dry Leasing Services: Offering both wet-leasing (leasing an aircraft along with the crew, maintenance, and insurance) and typical dry lease options provides flexibility for airlines, whether they’re starting new routes, expanding their fleet, or managing seasonal demand.
By supporting a wide range of services and fostering international partnerships, Singapore’s aircraft leasing sector is indispensable to the global aviation industry, ensuring operational flexibility for airlines and contributing to the economic and strategic growth of the aviation sector.
Conclusion About The Aircraft Leasing Companies
Singapore’s strategic role in the global aircraft leasing sector is undeniable. Singapore has cemented its position in the aircraft leasing industry by fostering economic growth, creating jobs, and enhancing its status as an aviation hub.
For those seeking unparalleled private jet charter services in Singapore, Singapore Air Charter offers luxury, convenience, and a broad global network tailored to your unique travel needs.
Beyond just private flights, our comprehensive air charter solutions cater to various needs, ensuring every journey exceeds expectations while being cost-effective.
Contact us today for a free quotation and expert consultation. Let us enhance your travel experience with our bespoke services, including client meet and greetings for flights departing or arriving in Singapore.
Frequently Asked Questions About The Aircraft Leasing Companies
How Much Is The Aircraft Leasing Rates?
Various factors, including the type and age of the aircraft, market demand, and the lease duration, influence the aircraft leasing rates.
For example, as of mid-2023, the market value of a new A321-200 was approximately $25.5 million, expected to rise to about $26.3 million by early 2024. Similarly, the new A350-1000’s market value was around $170.5 million, with an anticipated increase to $173.9 million.
For specific leasing rate figures, it would be essential to contact leasing companies directly, as rates can fluctuate based on current market conditions.
What Is The Largest Aircraft Leasing Company In The World?
AerCap is the largest aircraft leasing company in the world, boasting a fleet value of $34.7 billion and having 1,080 aircraft either in service or on order.
This position allows AerCap to offer airline customers a wide range of aircraft types globally, supporting their fleet management and expansion strategies with a diverse portfolio.
What Are The Differences Between Wet Leasing And Dry Leasing In Aircraft Leasing?
Wet leasing (ACMI lease) involves leasing an aircraft along with its crew, maintenance, and insurance, making it a comprehensive solution for airlines needing additional capacity without taking on operational responsibilities.
Dry leasing, on the other hand, means leasing the aircraft alone without crew, maintenance, or insurance, giving the lessee airline full control over the aircraft’s operations.
What Are The Benefits For Airlines To Lease Rather Than Purchase Aircraft?
Leasing aircraft offers several advantages to airlines, including financial flexibility, reduced capital expenditure, and the ability to quickly adjust fleet size and composition in response to market demand.
Leasing eliminates the need for large upfront investments associated with purchasing aircraft, allowing airlines to allocate resources more effectively across their operations.
