Air Lease delivered 14 new aircraft from its order book in Q1/24, including two Airbus A220s, one Airbus A320neo, six Airbus A321neos, one Airbus A350-1000 and four Boeing 737-8s. In addition, the company reported approximately $900 million in aircraft investments in the quarter, with the majority occurring in the second half of the quarter.
During Q1/24, Air Lease also sold five aircraft to third-party buyers, with aircraft sales proceeds for the quarter totaling approximately $240 million.
In terms of financing in the quarter, Air Lease:
As of March 31, Air Lease’s fleet was comprised of 472 owned aircraft and 73 managed aircraft, with 320 new aircraft on order from Boeing and Airbus set to deliver through 2028.
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