Business Wire·Feb 12, 2026, 4:29 PM ET

Air Lease Announces Fourth Quarter and Fiscal Year 2025 Results

Air Lease reported record total revenues of $820.4 million for Q4 2025 & $3.016 billion for the full year 2025.
Net income attributable to common stockholders surged 83.7% to $169.9 million in Q4 2025 & 180.6% to $1.044 billion for the full year 2025.
Diluted earnings per share reached $1.51 for Q4 2025 & $9.29 for the full year 2025, up significantly from 2024.
The company took delivery of 10 aircraft in Q4 2025, bringing the owned fleet to 490 aircraft & total assets to approximately $33 billion.
Air Lease sold 23 aircraft in Q4 2025 for $1.0 billion in proceeds, a record quarterly sales volume.
A $736.4 million recovery from Russian fleet write-offs contributed significantly to the full-year 2025 income before taxes.
The board approved a merger with Sumisho Air Lease Corporation Designated Activity Company, expected to close in the first half of 2026.
Committed minimum future rental payments totaled $28.9 billion, covering existing fleet contracts & future deliveries through 2031.
The company placed 99% of its orderbook delivering through 2027 on long-term leases.
Total debt financing net of costs was $19.7 billion as of December 31, 2025, with a composite cost of funds of 4.15%.
Total liquidity stood at $7.5 billion at the end of the fourth quarter.
A quarterly cash dividend of $0.22 per share was declared, payable on April 7, 2026, to shareholders of record as of March 2, 2026.
No conference call or guidance will be provided due to the pending acquisition transaction.