Air Lease Activity Update for the First Quarter of 2025

Air Lease (NYSE: AL) announced an update on aircraft investments, sales, and other activities occurring in the first quarter of 2025.

As of March 31, 2025, AL’s fleet was comprised of 487 owned aircraft and 57 managed aircraft, with 255 new aircraft on order from Airbus and Boeing set to deliver through 2029.

Aircraft Investments

• Delivered 14 new aircraft from AL’s orderbook including four Airbus A220s, eight Boeing 737-8s, one Boeing 737-9, and one Boeing 787-10.
• Aircraft investments totaled approximately $800 million, with the majority occurring in the second half of the quarter.

Sales

• Sold 16 aircraft to third-party buyers.
• Aircraft sales proceeds for the quarter totaled approximately $520 million.

Russia Fleet Insurance Settlements

• Received an aggregate of $328.5 million in cash insurance settlement proceeds in the first quarter of 2025.

About Air Lease (NYSE: AL)

Air Lease is a leading global aircraft leasing company based in Los Angeles, California. Air Lease and its team of dedicated and experienced professionals are principally engaged in purchasing new commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. The company routinely posts information that may be important to investors in the “Investors” section of its website at www.airleasecorp.com. Investors and potential investors are encouraged to consult Air Lease’s website regularly for important information. The information contained on, or that may be accessed through, Air Lease’s website is not incorporated by reference into, and is not a part of, this press release.

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