Air Lease Corporation announced that it recognized an additional $344 million benefit from insurance settlements in the second quarter of 2025. This recovery is related to aircraft that were previously detained in Russia, further mitigating the financial impact of the fleet write-off.
This significant insurance payout contributes positively to the company's financial performance and strengthens its balance sheet. It follows previous settlements, indicating ongoing success in resolving claims related to the Russian fleet.
As of June 30, 2025, Air Lease's fleet comprised 495 owned aircraft and 53 managed aircraft, reflecting continued operational scale. The additional insurance proceeds enhance the company's financial flexibility and capital position.
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