Air Lease Corporation Class ( (AL) ) has released its Q1 earnings. Here is a breakdown of the information Air Lease Corporation Class presented to its investors.
Air Lease Corporation, a prominent global aircraft leasing company based in Los Angeles, specializes in purchasing and leasing commercial aircraft to airline customers worldwide.
In its first-quarter 2025 earnings report, Air Lease Corporation reported robust financial performance, highlighted by significant revenue growth, fleet expansion, and a notable insurance settlement related to its Russian fleet.
The company achieved a revenue increase of 11.3% to $738.3 million, driven by a 5% rise in rental revenues and a 90% surge in aircraft sales, trading, and other revenues. Net income attributable to common stockholders soared by 274.5% to $364.8 million, largely due to a $332 million insurance settlement. The company also expanded its fleet with 14 new aircraft deliveries and sold 16 aircraft for $521 million.
Air Lease ended the quarter with a strong liquidity position of $7.4 billion and increased its unsecured revolving credit facility to $8.2 billion. The company placed a significant portion of its orderbook on long-term leases, ensuring stable future rental income.
Looking ahead, Air Lease Corporation remains optimistic about its growth prospects, supported by strong global demand for aircraft leasing and trading, despite ongoing supply constraints in the industry.