Value202020212022202320242025TTMSelling/general/admin expenses95.68 M125.28 M156.85 M186.01 M185.93 M219.44 M219.44 MResearch & development———————Operating income646.68 M541.02 M-138.76 M753.63 M533.26 M1.37 B1.37 BNon-Operating Income, Total———————Interest expense, net of interest capitalized474.76 M513.02 M546.18 M708.96 M794.43 M847.15 M1.78 BNon-Operating Income, excl. Interest Expenses———————Unusual income/expense———————Pretax income646.68 M541.02 M138.76 M753.63 M533.26 M1.37 B1.37 BEquity in earnings———————Taxes130.41 M104.38 M41.74 M139.01 M105.55 M281.31 M281.31 MNon-controlling/minority interest———————After tax other income/expense———————Net income before discontinued operations516.26 M436.63 M97.02 M614.62 M427.7 M1.09 B1.09 BDiscontinued operations———————Net income516.26 M436.63 M97.02 M614.62 M427.7 M1.09 B1.09 BDilution adjustment0083.4 M0000Preferred dividends15.38 M28.47 M41.7 M41.7 M55.63 M44.33 M44.33 MDiluted net income available to common stockholders500.89 M408.16 M138.72 M572.92 M372.07 M1.04 B1.04 BBasic earnings per share (Basic EPS)4.413.58-1.245.163.349.359.35Diluted earnings per share (Diluted EPS)4.393.57-1.245.143.339.299.29Average basic shares outstanding113.68 M114.05 M111.63 M111.01 M111.33 M111.71 M446.79 MDiluted shares outstanding114.01 M114.45 M111.63 M111.44 M111.87 M112.33 M448.94 MEBITDA———————EBIT———————Cost of revenue———————Other cost of goods sold———————Depreciation & amortization (cash flow)823.72 M933.18 M1.02 B1.12 B1.2 B1.28 B1.28 B
Air Lease Corporation Class A
Air Lease Corporation is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy. Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.
At the end of 2017, Air Lease reported that it owns 244 Airbus, Boeing, Embraer, and ATR aircraft, which it leases to over 91 airlines across 55 countries in every major geographical region in the world.
Air Lease provides airlines with net operating leases, which require the lessee to pay for maintenance, insurance, taxes and all other aircraft operating expenses during the lease term.
As of March 2024, Air Lease owns 472 aircraft: 354 narrowbody aircraft, and 118 widebody aircraft, in addition to 320 aircraft on order.
Air Lease is expected to be acquired by a consortium of Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield, with the transaction expected to be closed by the first quarter of FY2026, at which point Air Lease Corporation will be renamed Sumisho Air Lease Corporation.