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Air Lease Secures $112.4 Million in Insurance Settlement

Story Highlights
  • Air Lease Corporation settled insurance claims for $112.4 million related to aircraft in Russia.
  • The company recovered $763.5 million of a $791.0 million write-off, with further settlements expected.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Air Lease Secures $112.4 Million in Insurance Settlement

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The latest announcement is out from Air Lease ( (AL) ).

Air Lease Corporation has reached settlement agreements with certain insurers to recover losses related to aircraft detained in Russia, resulting in $112.4 million in cash insurance proceeds, which will be recorded in the second quarter of 2025. This settlement is part of a larger recovery effort, with the company having recovered $763.5 million of its initial $791.0 million write-off, and it plans to settle with the final insurer in the third quarter of 2025, impacting its financial recovery and legal proceedings.

The most recent analyst rating on (AL) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Air Lease stock, see the AL Stock Forecast page.

Spark’s Take on AL Stock

According to Spark, TipRanks’ AI Analyst, AL is a Outperform.

Air Lease demonstrates a strong financial position with robust revenue growth, operational efficiency, and a solid balance sheet devoid of debt. The stock’s valuation is attractive, and recent positive earnings guidance further supports a favorable outlook. However, the challenges in profitability and cash flow management, along with potential short-term technical corrections due to overbought conditions, slightly temper the overall score.

To see Spark’s full report on AL stock, click here.

More about Air Lease

Air Lease Corporation operates in the aviation industry, primarily focusing on leasing aircraft to airlines worldwide. The company provides a range of commercial aircraft leasing solutions and is involved in managing a portfolio of aircraft to meet the needs of its airline customers.

Average Trading Volume: 1,029,516

Technical Sentiment Signal: Buy

Current Market Cap: $6.56B

For detailed information about AL stock, go to TipRanks’ Stock Analysis page.

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