AL - Air Lease reports total fleet of 528 aircraft for Q2

2023-07-11 09:03:42 ET

• Air Lease ( NYSE: AL ) said Tuesday that its fleet was comprised of 448 owned aircraft and 80 managed aircraft for the quarter ended June 30.
• The aircraft leasing firm said it has 359 new aircraft on order from Boeing and Airbus, which are set to be delivered through 2029.
• During the second quarter, aircraft investments totaled about $1.5 billion, and the company entered into about $900 million of financing transactions.
• The company sold eight aircraft, and sales totaled about $600 million in Q2.
• Press Release .
• Shares +1.5% at $41.96 premarket.

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