Air Lease Corporation $(AL)$ reported record financial results for the fourth quarter and full year ended December 31, 2025. Total revenues reached USD 820 million for the fourth quarter and USD 3.00 billion for the full year, marking the highest quarterly and annual revenues in the company's history. For the full year 2025, rental of flight equipment revenues rose by 8 percent to USD 2.70 billion, primarily driven by continued fleet growth by net book value and an increase in portfolio lease yield. Aircraft sales, trading and other revenues grew by 35 percent to USD 331 million, supported by increased sales activity. The company recorded USD 244 million in gains from the sale of 48 aircraft and USD 8 million from one sales-type lease during the year. In the fourth quarter, Air Lease Corporation took delivery of 10 aircraft from its order book. The company noted that, due to the ongoing pendency of an acquisition transaction, it will not be hosting a conference call or providing guidance in conjunction with this earnings release. Further details are available in its annual report on Form 10-K for the year ended December 31, 2025.

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