Air Lease reports Q1 adjusted EPS $1.51 vs $1.31 last year

Reports Q1 revenue $738.3M, consensus $708M. “AL had a strong quarter with fleet expansion, healthy sales gains, significant insurance settlements related to our aircraft in Russia, and achieving our target debt to equity ratio which now allows us to consider all capital allocation opportunities. To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft. We continue to benefit from robust global aircraft demand in both leasing and aircraft trading as significant aircraft supply constraints persist,” said John L. Plueger, Chief Executive Officer and President.