Air Lease (US:AL)2025-07-03 14:20Company Overview - Air Lease is a $50+ billion aircraft leasing platform[9] - The company has $32 billion in total assets[10] - The company has $7.4 billion in liquidity, comprised of $0.5 billion in unrestricted cash and $6.9 billion available borrowing capacity[10, 11] - The company has 260 aircraft on order with an estimated aggregate commitment of $16.6 billion[10, 11] Financial Performance & Strategy - The company targets maximum returns and minimizes residual value risk by buying new assets, holding them for the first third of their useful life, and then selling and reinvesting capital[13, 14, 15] - The company expects a 150-200 bps improvement in portfolio yield from 2025 through the end of 2028[86] - The company has $30.3 billion of unencumbered assets[109] - The company has returned $770+ million of capital to shareholders to date[14, 114] Market Trends & Portfolio - The company's utilization rate in 1Q 2025 was 100%[10] - Leasing share of the market continues to grow, with lessors taking >50% of new aircraft deliveries from Airbus & Boeing[44] - The company has a diversified customer base with 117 airlines in 57 countries[52]