Air Lease has updated its fleet, with 495 owned aircraft and 53 managed aircraft, and 241 new aircraft on order from Airbus and Boeing to deliver through 2031. In the second quarter of 2025, the company delivered 12 new aircraft, invested $890 million in aircraft, sold 4 aircraft for $126 million, and recognized a $344 million net benefit from Russian fleet insurance settlements.
Air Lease (NYSE: AL), a leading global aircraft leasing company based in Los Angeles, California, has provided an update on its fleet, investments, sales, and insurance settlements for the second quarter of 2025. As of June 30, 2025, Air Lease's fleet comprised 495 owned aircraft and 53 managed aircraft, with 241 new aircraft on order from Airbus and Boeing set to deliver through 2031 [1].
Fleet Update
During the second quarter, Air Lease delivered 12 new aircraft from its orderbook. The deliveries included six Airbus A220s, one A321neo, two Boeing 737-8s, one Boeing 787-9, and two Boeing 787-10s. The company also recognized a net benefit of $344 million from the settlement with certain insurers of insurance claims related to its former Russian fleet [1].
Investment Activities
Aircraft investments totaled approximately $890 million, with the majority occurring in the second half of the quarter. The company sold 4 aircraft to third-party buyers, with aircraft sales proceeds for the quarter totaling approximately $126 million [1].
Market Context
The aviation industry is rebounding from the pandemic, with aircraft manufacturers like Airbus and Boeing continuing to dominate the skies. According to simpleflying.com, Airbus delivered approximately 300 aircraft by the end of June 2025, while Boeing delivered roughly 278 aircraft [3]. This context highlights the competitive landscape in which Air Lease operates.
Conclusion
Air Lease's Q2 2025 update demonstrates the company's continued commitment to expanding its fleet and maintaining its position as a leading aircraft leasing company. The company's ability to navigate market challenges and deliver on its investment plans underscores its resilience and strategic focus.
References:
[1] https://www.businesswire.com/news/home/20250708117795/en/Air-Lease-Activity-Update-for-the-Second-Quarter-of-2025
[3] https://simpleflying.com/boeing-airbus-more-aircraft-delivered/
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