Air Lease Says Aircraft Investments Totaled $1.3 Billion in Q4

MT Newswires Live

01-08

Air Lease (AL) said Wednesday that its aircraft investments in Q4 totaled about $1.3 billion.

The aircraft leasing company said 18 new aircraft from its orderbook were delivered during the quarter, with 269 new aircraft on order from Boeing (BA) and Airbus set for delivery through 2029.

Air Lease said it sold 14 aircraft to third-party buyers in Q4, with sales proceeds totaling about $540 million and also closed a new $966.5 million unsecured term loan facility maturing in December 2027.

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