Air Lease receives additional $112.4M in Russia aircraft insurance proceeds; total recovery $763.5M

AIR LEASE CORP

Received $112.4M cash in June 2025 from settlements with C&P insurers; recorded in Q2 2025.
Total recovery now $763.5M against initial $791.0M write-off of Russian detained aircraft.
Prior $226.7M in Q2 proceeds disclosed in Q1 2025 10-Q; $112.4M is incremental.
Anticipates final settlement with remaining war risk C&P insurer in Q3 2025.
Settling insurers dismissed from California and London litigation upon payment.

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