Air Lease Invests $890M in New Jets, Nets $344M From Russia Insurance Settlement, Adds 12 Aircraft as Global Fleet Expands

Author: Benzinga Newsdesk | July 08, 2025 05:33am

Air Lease (NYSE:AL) announced an update on aircraft investments, sales, and other activities occurring in the second quarter of 2025.

As of June 30, 2025, AL's fleet was comprised of 495 owned aircraft and 53 managed aircraft, with 241 new aircraft on order from Airbus and Boeing set to deliver through 2031.

Aircraft Investments

• Delivered 12 new aircraft from AL's orderbook including six Airbus A220s, one A321neo, two Boeing 737-8s, one Boeing 787-9, and two Boeing 787-10s.
• Aircraft investments totaled approximately $890 million, with the majority occurring in the second half of the quarter.

Sales

• Sold 4 aircraft to third-party buyers.
• Aircraft sales proceeds for the quarter totaled approximately $126 million.

Russia Fleet Insurance Settlements

• Recognized a net benefit of $344 million from the settlement with certain insurers of insurance claims related to our former Russian fleet.

Posted In: AL