Air Lease Corporation Reports Second Quarter 2025 Net Profit of $374.1 Million or $3.33 per Diluted Share

Air Lease Corporation has reported a second quarter 2025 Net Profit of $374.1 million or $3.33 per diluted share on a year-over-year increase in revenue of 9.7 percent to $731.7 million.

Air Lease Corporation Reports Second Quarter 2025 Financial Results - Courtesy ALC

On Monday (August 4, 2025), Air Lease Corporation (ALC) reported their second quarter financial results for the period ending June 30, 2025.  The company reported a second quarter net profit of $374.1 million or $3.33 per diluted share on a 9.7 percent year-over-year increase in revenue to $731.7 million.  During the second quarter, ALC took delivery of 12 aircraft form their orderbook representing $892 million in aircraft investments, ending the period with 495 owned aircraft and over $33 billion in assets.   

In Monday’s announcement, Air Lease Corporation’s President and CEO, John L. Plueger, said,

“We had a strong quarter bolstered by our new aircraft deliveries, healthy gains on sales, increasing portfolio yield, and significant Russia insurance recoveries.  Demand for aircraft, both on the leasing and sales side, remains robust and bodes well for margin expansion.”

Air Lease Corporation's Second Quarter 2025 Financial Results - Courtesy ALC

ALC also recognized a net benefit of $344 million from the settlement of insurance claims related to their former Russian fleet for the three months ended June 30, 2025.  The company also expects to recognize an additional net benefit of around $60 million in the third quarter of 2025 from the settlement of additional insurance claims.  As of August 4, 2025, ALC has entered into agreements to recover 104 percent of their Russian Fleet write-off that was originally recorded in March of 2022.

During the second quarter, ALC sold four aircraft for $126 million in proceeds, and ended the period wit $1.4 billion worth of aircraft in their sales pipeline, including approximately $524 million in flight equipment held for sale, and around $851 million of aircraft subject to letters of intent.  The company has placed 100 percent and 87 percent of their expected orderbook on long-term leases for aircraft delivering through the end of 2026 and 2027, respectively, and has placed approximately 58 percent of their entire orderbook delivering through 2031.

ALC ended the second quarter with $28.8 billion in committed minimum future rental payments, including $19.3 billion in contracted minimum rental payments on the aircraft in their existing fleet, and $9.5 billion in minimum future rental payments related to aircraft which will deliver from H2 2025 through 2031.

The net book value of ALC’s fleet increased to $29.1 billion at the end of the second quarter, compared to $28.2 billion on December 31, 2024.  As of June 30, 2025, the company had 495 aircraft in their owned portfolio, including 357 single-aisle and 138 widebody aircraft, as well as 53 managed aircraft.  ALC’s weighted average fleet age and remaining lease term of flight equipment subject to operating leases at the end of the period was 4.8 years and 7.2 years, respectively.

Based in Los Angeles, California, Air Lease Corporation (NYSE: AL) is a leading global aircraft leasing company.  The ALC team is principally involved in the purchase of commercial aircraft and leasing them to airlines worldwide with customized leasing and financing solutions.  At June 30, 2025, the company had a globally diversified customer base of 109 airlines across 55 countries.

Source: Air Lease Corporation