Revenue: As of FY2025 Q1, the actual value is USD 502.08 M.

EPS: As of FY2025 Q1, the actual value is USD 0.87.

Aviation Leasing Segment

• Revenues: Total revenue was $137,013 thousand, comprising lease income of $68,467 thousand, maintenance revenue of $49,607 thousand, and asset sales revenue of $18,939 thousand.
• Expenses: Total expenses were $85,351 thousand, including cost of sales of $19,959 thousand, operating expenses of $7,426 thousand, acquisition and transaction expenses of $2,905 thousand, and depreciation and amortization of $55,061 thousand.
• Other Income: Other income was $43,489 thousand, primarily from a gain on sale of $10,870 thousand from aircraft sales to the 2025 Partnership.
• Net Income: Net income attributable to shareholders was $77,026 thousand.

Aerospace Products Segment

• Revenues: Aerospace products revenue was $365,063 thousand.
• Expenses: Total expenses were $239,158 thousand, including cost of sales of $228,755 thousand, operating expenses of $5,687 thousand, acquisition and transaction expenses of $1,132 thousand, and depreciation and amortization of $3,584 thousand.
• Other Income: Equity in earnings of unconsolidated entities was $113 thousand.
• Net Income: Net income attributable to shareholders was $106,643 thousand.

Corporate and Other

• Revenues: Lease income was $4 thousand.
• Expenses: Total expenses were $26,613 thousand, including operating expenses of $19,325 thousand, general and administrative expenses of $3,116 thousand, acquisition and transaction expenses of $3,255 thousand, and depreciation and amortization of $917 thousand.
• Other Expense: Interest expense was $62,040 thousand.
• Net Loss: Net loss attributable to shareholders was -$86,775 thousand.

Future Outlook and Strategy

• Strategic Capital Initiative: The company launched a Strategic Capital Initiative with third-party institutional investors to acquire 737NG and A320ceo aircraft through the 2025 Partnership, maintaining an asset-light business model while acquiring on-lease narrowbody aircraft at scale.
• Internalization of Management: The company internalized its management functions, ceasing payments to the Former Manager and Master GP, which is expected to result in cost savings.
• Impact of Russia’s Invasion of Ukraine: The company terminated all lease agreements with Russian airlines due to sanctions, recognizing an impairment charge totaling $120.0 million for the year ended December 31, 2022.