Sumisho Air Lease — Third Quarter 2026 Earnings Summary

Sumisho Air Lease reported net income attributable to common stockholders of $93.4 million for the third quarter of 2026, a 31.0% decrease from the prior year period. Total revenues declined 18.3% to $592.6 million, driven by a reduction in the weighted average net book value of flight equipment subject to operating leases following significant asset sales and the transfer of the orderbook. The company sold 15 aircraft during the quarter for $761.9 million in proceeds and received $27.3 million in insurance recoveries related to its former Russian fleet. As of September 30, 2026, the company's owned fleet consisted of 473 aircraft with a net book value of $23.7 billion, while total assets reached approximately $29.9 billion.