Earnings summaries and quarterly performance for AIR LEASE.
Executive leadership at AIR LEASE.
John Plueger
Detailed
Chief Executive Officer and President
CEO
Carol Forsyte
Detailed
Executive Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
Grant Levy
Detailed
Executive Vice President, Marketing and Commercial Affairs
Gregory Willis
Detailed
Executive Vice President and Chief Financial Officer
Board of directors at AIR LEASE.
Research analysts who have asked questions during AIR LEASE earnings calls.
Hillary Cacanando
Not Mentioned in Transcript
4 questions for AL
Also covers: AER, FTAI, LUV +2 more
Moshe Orenbuch
TD Cowen
4 questions for AL
Also covers: AER, AFRM, ALLY +11 more
Catherine O'Brien
Goldman Sachs
3 questions for AL
Also covers: AAL, AER, ALGT +7 more
Jamie Baker
JPMorgan Chase & Co.
3 questions for AL
Also covers: AAL, AER, ALK +6 more
Ronald Epstein
Bank of America
3 questions for AL
Also covers: , AER, BA +26 more
Stephen Trent
Citigroup Inc.
3 questions for AL
Also covers: AAL, AER, ALK +14 more
Terry Ma
Barclays
3 questions for AL
Also covers: AER, AXP, BFH +15 more
James Kirby
JPMorgan Chase & Co.
1 question for AL
Also covers: AER, CMCO, SAVE +1 more
Recent press releases and 8-K filings for AL.
Air Lease Corporation Announces Merger Agreement and Financial Projections
AL
M&A
Takeover Bid
Guidance Update
- Air Lease Corporation entered into a merger agreement on September 1, 2025, to be acquired by a new holding company established by Sumitomo Corporation, SMBC Aviation Capital Limited, and affiliates of Apollo and Brookfield.
- The merger consideration for Air Lease's Class A Common Stock is $65.00 per share.
- J.P. Morgan's financial analyses, which included selected transactions and dividend discount methods, implied equity values ranging from $43.55 to $110.15 per share and $58.30 to $75.20 per share, respectively, compared to the $65.00 merger consideration.
- The document provides updated financial projections for fiscal years 2025 through 2032, which were used by J.P. Morgan for its financial analyses in connection with the proposed merger.
Nov 28, 2025, 9:02 PM
Air Lease Corporation announces HSR waiting period expiration for merger
AL
M&A
Proxy Vote Outcomes
- Air Lease Corporation announced that the Hart-Scott-Rodino (HSR) Waiting Period for its previously announced merger expired on November 7, 2025, at 11:59 p.m. Eastern Time.
- The merger, initially announced on September 1, 2025, involves Air Lease Corporation becoming an indirect wholly owned subsidiary of Sumisho Air Lease Corporation Designated Activity Company.
- The completion of the merger is still subject to the adoption of the Merger Agreement by a majority of the Company's outstanding Class A common stock and other customary closing conditions.
- A definitive proxy statement related to a special meeting of the Company's Class A common stockholders for the proposed merger was filed with the SEC on November 4, 2025.
Nov 10, 2025, 10:25 PM
Air Lease Announces Third Quarter 2025 Results and Merger Agreement
AL
M&A
Earnings
Dividends
- Air Lease (AL) announced it entered into an agreement to be acquired by Sumisho Air Lease Corporation Designated Activity Company, with Class A common stockholders entitled to receive $65.00 per share cash consideration, representing a total valuation of approximately $7.4 billion. The transaction is expected to close in the first half of 2026.
- For the three months ended September 30, 2025, the company reported revenues of $725.4 million and diluted earnings per share of $1.21.
- A net benefit of approximately $60 million was recognized from the settlement of insurance claims related to the former Russian fleet, with 104% of the Russian Fleet write-off recovered as of November 3, 2025.
- The board of directors approved a quarterly cash dividend of $0.22 per share, payable on January 8, 2026, to holders of record as of December 4, 2025.
Nov 3, 2025, 9:04 PM
Ademi Firm Investigates Air Lease Corporation's Transaction
AL
Legal Proceedings
M&A
Takeover Bid
- The Ademi Firm is investigating Air Lease (NYSE: AL) for potential breaches of fiduciary duty and other legal violations concerning its transaction with a consortium including Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield.
- In the transaction, Air Lease shareholders are expected to receive $65.00 in cash for each share of Class A common stock, representing a total valuation of approximately $7.4 billion, or approximately $28.2 billion including debt obligations.
- The investigation is examining the conduct of the Air Lease board of directors regarding their fiduciary duties, particularly in light of substantial benefits for insiders and a significant penalty imposed if Air Lease accepts a competing bid.
Sep 15, 2025, 4:37 AM
Air Lease Corporation to be Acquired by Consortium
AL
M&A
Takeover Bid
- Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield have reached a definitive agreement to acquire Air Lease Corporation in an all-cash transaction.
- Air Lease shareholders will receive $65.00 per share, representing an equity valuation of approximately $7.4 billion, or about $28.2 billion including debt.
- This offer represents a 7% premium over Air Lease's highest closing price on August 28, 2025.
- Following the acquisition, Air Lease will be renamed Sumisho Air Lease Corporation, with its order book transferred to SMBC Aviation Capital, which will also manage its portfolio.
- The transaction is expected to close in the first half of 2026, pending Air Lease shareholder and certain regulatory approvals.
Sep 2, 2025, 11:57 PM
Air Lease Corporation Reports Q2 2025 Results and Updates on Operations
AL
Earnings
Guidance Update
New Projects/Investments
- Air Lease Corporation reported Q2 2025 revenues of $732 million and diluted earnings per share of $3.33. The company recognized a net benefit of $344 million from Russia insurance settlements in Q2, with an additional $60 million expected in Q3, reaching 104% recovery of its initial Russia fleet write-off.
- The company canceled its order for seven A350 freighter aircraft, freeing up over $1 billion in forward capital expenditure commitments. Air Lease expects to deliver $3 billion to $3.5 billion of aircraft from its order book in 2025 and projects $1.5 billion in aircraft sales for the full year.
- Fleet utilization remains 100%, and the order book is 100% placed through 2026. The company's debt to equity ratio declined to just below its 2.5 times target, and it is considering opportunities to return capital to shareholders.
Aug 5, 2025, 2:56 AM
Air Lease Provides Q2 2025 Activity Update
AL
Earnings
New Projects/Investments
- As of June 30, 2025, Air Lease'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.
- In the second quarter of 2025, Air Lease delivered 12 new aircraft from its orderbook, with total aircraft investments for the quarter reaching approximately $890 million.
- The company sold 4 aircraft to third-party buyers in Q2 2025, generating approximately $126 million in sales proceeds.
- Air Lease recognized a net benefit of $344 million from the settlement with certain insurers regarding insurance claims related to its former Russian fleet.
Jul 8, 2025, 10:31 AM
Air Lease Corporation Receives Insurance Proceeds from Russia-Detained Aircraft Claims
AL
Legal Proceedings
- Air Lease Corporation (AL) received $112.4 million in cash insurance proceeds in June 2025 from settlement agreements with certain insurers regarding aircraft detained in Russia, which will be recorded as an insurance recovery in Q2 2025.
- These proceeds are in addition to $226.7 million previously received in Q2 2025, bringing the total aggregate recovery to date to $763.5 million.
- The $763.5 million in total recoveries addresses a significant portion of the initial $791.0 million write-off of interests in owned aircraft detained in Russia, which was taken during Q1 2022.
- The company anticipates entering into a settlement agreement with the final war risk insurer during Q3 2025.
Jul 1, 2025, 12:00 AM
Air Lease Corp Receives Partial Cash Insurance Settlement
AL
Legal Proceedings
- Air Lease Corp has received $328.5 million in cash insurance settlement proceeds from certain insurers related to claims for aircraft detained in Russia.
- The settlement is part of broader legal actions, with ongoing California Litigation and additional settlement discussions pending with other insurers.
- To date, the company has recovered an aggregate of $424.3 million against a $791.0 million write-off recorded in Q1 2022.
Mar 24, 2025, 12:00 AM
Quarterly earnings call transcripts for AIR LEASE.
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