Earnings ·
Sumisho Air Lease Corporation reported financial results for the second quarter ended June 30, 2026
ALSumisho Air Lease Corp
Sumisho Air Lease Corporation reported financial results for the second quarter ended June 30, 2026. The company generated $7.2 million in net income attributable to common stockholders on combined revenues of $641.1 million, a significant decline from $374.1 million in net income and $678.7 million in revenue during the same period last year. This decrease was primarily driven by the absence of a $344.0 million insurance recovery related to its former Russian fleet recognized in 2025, lower rental revenues due to fleet sales, and higher interest expenses following acquisition accounting adjustments. The company ended the quarter with 488 owned aircraft, total assets of $30.5 billion, and debt financing net of discounts of approximately $20.0 billion. In July 2026, Sumisho Air Lease entered into unsecured term loans totaling $1.15 billion to support its operations. The company operates in the global commercial aircraft leasing industry.