Air Lease Corp

Latest Results (19.11.2025):

Air Lease Corp reported robust financial performance for the third quarter of 2025, demonstrating meaningful growth in key areas compared to the same period in 2024. The company’s Q3 2025 results reveal increased revenues, higher net income attributable to common stockholders, and improved earnings per share, driven by stronger rental revenues and a favorable recovery from a previously recorded Russian fleet write‐off.

Revenue and Earnings Growth

In Q3 2025, Air Lease Corp’s revenues climbed to $725.4 million—up by $35.2 million (5.1%) compared to Q3 2024. Net income attributable to common stockholders surged to $135.4 million from $91.6 million, with diluted earnings per share rising to $1.21 from $0.82.

Adjusted Financial Metrics and Margins

The company’s adjusted net income before income taxes modestly increased to $144.5 million (or $1.29 per adjusted diluted share) versus $140.2 million ($1.25 per share) in Q3 2024. Meanwhile, the pre-tax margin improved to 25.5%, reflecting the positive impact of rental revenue growth and operational efficiencies.

Fleet Developments and Transaction Highlights

Air Lease Corp bolstered its fleet in Q3 2025 by taking delivery of 13 new aircraft—investing $685.0 million—which increased the owned fleet to 503 aircraft, with a net book value rising to $29.5 billion. Additionally, the company recorded a net benefit of approximately $60 million from settling insurance claims related to its former Russian fleet and sold five aircraft for $220 million in sales proceeds.

Merger Agreement and Strategic Initiatives

During the quarter, Air Lease Corp announced an agreement to be acquired by Sumisho Air Lease Corporation Designated Activity Company. Under the terms of the merger, Class A common stockholders will receive $65.00 per share in cash, leading to a total valuation of approximately $7.4 billion (or about $28.2 billion including debt obligations) should all closing conditions be met.