: Air Lease delivered 19 new aircraft in Q2, sold eight for about $600 million
Air Lease Corp. AL said Tuesday it delivered 19 new aircraft in the second quarter, including three Airbus A220-300s, two Airbus A320neos, seven Airbus A321neos, two Airbus A330-900neos, one Airbus A350-900, one Airbus A350-1000, two Boeing 737-9s, and one Boeing 787-9. The aircraft leasing company said its fleet was comprised of 448 owned aircraft and 80 managed aircraft, with 359 new aircraft on order from Boeing BA and Airbus FR:AIR set to deliver through 2029. The company sold eight aircraft to third-party buyers for about $600 million. It entered about $900 million of financing transactions in the quarter. The stock has gained 9% in the year to date, while the S&P 500 SPX has gained 15%.
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