Air Lease provides Q3 activity update

Air Lease (AL) announced an update on aircraft investments, sales, and other activities occurring in the third quarter of 2025. As of September 30, 2025, AL’s fleet was comprised of 503 owned aircraft and 50 managed aircraft, with 228 new aircraft on order from Airbus (EADSY) and Boeing (BA) set to deliver through 2031. Aircraft Investments: Delivered 13 new aircraft from AL’s orderbook including two Airbus A220s, two Airbus A321neos, six Boeing 737-8s, and three Boeing 737-9s. Aircraft investments totaled approximately $685M, with the majority occurring in the first half of the quarter. Sales: Sold five aircraft to third-party buyers. Aircraft sales proceeds for the quarter totaled approximately $220M. Russia Fleet Insurance Settlements: As previously announced, recognized a net benefit of approximately $60M from the settlement with certain insurers of insurance claims related to our former Russian fleet.