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Aviation Asset Management Market to Reach $204.1 Billion, Globally, by 2032 at 5.5% CAGR: Allied Market Research [Yahoo! Finance]
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With expanding global economies and a growing middle-class population, the desire for air travel is on the rise, driving increased demand for aircraft. Wilmington, Delaware, May 08, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Aviation Asset Management Market by Aircraft Type (Wide-Body Aircraft, Narrow-Body Aircraft, Private Jets, and Helicopter), Service Type (Leasing Service, Technical Service, Regulatory Certification, and End-to-End), End-Use (Commercial Platfroms and MRO), and Purchase Type (Direct Purchase, Operating Lease, Finance Lease, and Sales and Lease Back): Global Opportunity Analysis and Industry Forecast, 2023-2032" . According to the report, the aviation asset management market was valued at $122.5 billion in 2022, and is estimated to reach $204.1 billion by 2032, growing at a CAGR of 5.5% from 2023 to 2032. Prime Determinants of Growth Growth in air passenger and cargo traffic directly impacts the demand for aircraft. As global
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