Willis Lease Finance Corporation (WLFC) shares have climbed 35.3% in the past six months compared with the industry’s 21.8% growth. The company has outperformed other industry players, including Air Lease Corporation (AL) and Ryder System, Inc. (R) . Shares of AL and R have gained 7.2% and 18%, respectively, in the same time frame. Sustained aviation supply-demand imbalances, firm lease rates, institutional capital partnerships, in-house technical capabilities and long-term service agreements drive recurrin ...

FTAI Aviation (NasdaqGS:FTAI) Q4 2025 Earnings call February 26, 2026 08:00 AM ET Company ParticipantsAlan Andreini - Head of Investor RelationsAndrew Maller - Managing DirectorBrian McKenna - Managing DirectorDavid Eslami - Managing DirectorDavid Moreno - PresidentEun Nam - CFOGiuliano Anderes-Bologna - Managing DirectorJoseph Adams - Chairman and CEOJosh Sullivan - Managing Director and Equity ResearchKristine Liwag - Head of Aerospace and Defense Equity ResearchMyles Walton - Managing DirectorSathish Siv ...

FTAI Aviation (NasdaqGS:FTAI) Q4 2025 Earnings call February 26, 2026 08:00 AM ET Company ParticipantsAlan Andreini - Head of Investor RelationsAndrew Maller - Managing DirectorAngela Nam - CFOBrian McKenna - Managing DirectorDavid Eslami - Managing DirectorDavid Moreno - PresidentGiuliano Bologna - Managing DirectorJoe Adams - CEOJosh Sullivan - Managing Director and Equity ResearchKristine Liwag - Head of Aerospace and Defense Equity ResearchMyles Walton - Managing DirectorSathish Sivakumar - Managing Dir ...

FTAI Aviation (NasdaqGS:FTAI) Q4 2025 Earnings call February 26, 2026 08:00 AM ET Speaker11Good day, and thank you for standing by. Welcome to the fourth quarter 2025 FTAI Aviation Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question-and-answer session. To ask a question during the session, you'll need to press star 1 1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw y ...

私募股权这趟车，2026年可不好搭了 今天咱们不聊那些高大上的经济术语，就来谈谈贝恩公司新鲜出炉的《2026年全球私募股权报告》。这份报告足足42页，信息量巨大，但核心意思就一句 话：过去那种"捡钱"的好日子，彻底到头了，现在得"抢钱"了！ 先来看看刚过去的2025年。从账面上看，私募股权行业那是相当风光：交易额飙升44%，退出额也大涨47%，甚至出现了史上最大的私有化交易（买下 Electronic Arts）。这数据，简直能闪瞎眼。 但别急，咱们得扒开这层华丽的外衣往里看。这波增长，完全是靠少数几个"巨无霸"交易撑起来的。13笔百亿美元级别的大买卖，贡献了69%的增幅。这就 好比一个班，就靠几个尖子生拉高了平均分，大部分同学的成绩其实在下滑。经济学家管这叫 "K型复苏"——少数精英一飞冲天，大多数人则在原地踏步 甚至往下走。 更让人头大的是，行业里积压的"库存"实在太吓人了。还有32,000家公司砸手里没卖出去，总价值高达3.8万亿美元！平均持有期也拖到了7年，创了纪录。 钱收不回来，就没法还给背后的金主（也就是那些养老金、大学捐赠基金等LP们）。结果呢？现金分红占资产价值的比例，已经连续4年低于15%， ...

The London Company, an investment management company, released its fourth-quarter 2025 investor letter for its “The London Company Mid Cap Strategy”. A copy of the letter can be downloaded here. In Q4 2025, US equities posted the third consecutive quarter of higher returns, with the Russell 3000 Index rising 2.4%. The market highlighted how investors balanced the optimism on earnings growth and concerns regarding AI returns and cooling macroeconomic factors. In the quarter, the portfolio returned 3.2% (3.0% ...

Core Insights - FTAI Aviation is a significant player in the aviation leasing sector, focusing on managing a diverse portfolio of aircraft and engines [1] - Jefferies upgraded FTAI's stock to a "Buy" rating with a price target increase from $215 to $350, reflecting strong confidence in the company's future performance [2][6] - FTAI aims to achieve an EBITDA of $3 billion over the next two years, planning to deliver over 100 engines annually at a 40% profit margin [3][6] Stock Performance - FTAI's current stock price is $275.38, with a 1.02% increase today, and has ranged from $268.89 to $279.29 [4] - Over the past year, FTAI's stock has experienced a high of $310 and a low of $81.45, indicating significant volatility [4][6] - The company's market capitalization is approximately $28.25 billion, with a trading volume of 1,062,721 shares, reflecting investor confidence [5]

Core Viewpoint - AerCap Holdings N.V. reported strong financial results for Q4 and the full year 2025, highlighting record net income and earnings per share, alongside significant asset sales and reinvestments in the business [2][6]. Financial Performance - For Q4 2025, AerCap achieved a net income of $633 million, or $3.79 per share, and for the full year, net income reached $3.8 billion, or $21.30 per share [6][24]. - Adjusted net income for Q4 was $660 million, or $3.95 per share, while for the full year, it was $2.7 billion, or $15.37 per share [6][24]. - Total revenues for Q4 were $2.244 billion, an 8% increase from $2.072 billion in Q4 2024, and for the full year, revenues were $8.517 billion, a 7% increase from $7.997 billion in 2024 [5][6]. Revenue Breakdown - Basic lease rents for Q4 2025 were $1.688 billion, a 4% increase from $1.619 billion in Q4 2024, while for the full year, they were $6.679 billion, up 5% from $6.377 billion in 2024 [5][11]. - Maintenance rents and other receipts for Q4 2025 were $225 million, a 112% increase from $106 million in Q4 2024, and for the full year, they were $690 million, a 10% increase from $627 million in 2024 [5][9]. Asset Management - The company sold $3.9 billion in assets during 2025, realizing gains of $819 million, with a net gain on sale of assets for Q4 at $253 million from 55 assets sold for $1.3 billion [2][10]. - AerCap added 103 aircraft firm orders and options to its order book in 2025, reflecting ongoing growth in its portfolio [2][19]. Shareholder Returns - AerCap returned $2.6 billion to shareholders in 2025 through share repurchases and dividends, with a new $1 billion share repurchase program announced and a quarterly dividend increase to $0.40 per share [3][6]. Financial Ratios and Guidance - The company reported a GAAP return on equity of 21% and an adjusted return on equity of 15% for the full year 2025 [7][25]. - The book value per share increased by 19% to $112.59 as of December 31, 2025, compared to $94.57 a year earlier [17][18]. - For 2026, AerCap provided adjusted EPS guidance of $12.00 to $13.00, excluding any gains on sale [6][27].

Company Overview - Willis Lease Finance Corporation (WLFC) is a leading lessor of commercial aircraft engines and a global provider of aviation services [1][3] - The company engages in leasing large and regional spare commercial aircraft engines and aircraft to various clients, including airlines and maintenance providers [3] Recent Appointment - Steven Bridgland has been appointed as Head of Investor Relations & Capital Markets for Willis Aviation Capital, the company's newly announced asset manager [1] - In his role, Bridgland will manage existing investor relationships, develop new ones, and support capital deployment efforts [1] Experience and Expertise - Bridgland brings over three decades of experience in equity and debt capital markets, investor relations, and aviation finance [2] - His previous roles include senior positions at Deucalion Aviation, DVB, RBC Capital Markets, and Greenwich NatWest, with a strong focus on structuring aviation funds and joint ventures [2] Leadership Statement - Brian R. Hole, Global Head of Managed Funds & Credit at WLFC, expressed excitement about Bridgland's appointment, highlighting his trustworthiness and integrity [3]

Core Viewpoint - BOC Aviation is expected to enter a growth cycle with increasing volume and prices due to improved delivery and interest rate cuts by the US Federal Reserve, which supports steady valuation upside [1]. Company Performance - In 4Q25, BOC Aviation delivered 16 aircraft, marking a 3% increase year-over-year (YoY) and a 5% increase quarter-over-quarter (QoQ). The company committed to purchasing 14 aircraft [2]. - For the full year 2025, BOC Aviation delivered 51 aircraft, a 13% increase YoY, and committed to purchasing 160 aircraft. By the end of 2025, the owned fleet totaled 451 aircraft, a 16% increase YoY, with an order book of 337 aircraft, up 105 YoY [2]. Industry Supply Dynamics - Airbus and Boeing delivered a total of 1,194 aircraft in the first 11 months of 2025, compared to 1,114 for the entire year of 2024. AirInsight Group estimates that combined deliveries may reach 1,752 aircraft in 2026 [3]. - The tight supply-demand market is expected to support high-priced contract execution, while the ample order backlog provides a solid foundation for medium- to long-term business growth [3]. Asset Management - BOC Aviation sold seven self-owned aircraft in 4Q25, a decrease of 1 YoY and 3 QoQ. In 2025, the total sales of self-owned aircraft reached 35, reflecting a 6% increase YoY [4]. - The existing fleet has an average age of 5.0 years and an average remaining lease term of 7.8 years. As of the end of 1H25, the market value of the self-owned fleet had a 15% premium over its book value, indicating potential for asset premium realization [4]. Financial Outlook - The US Federal Reserve's interest rate cuts may lead to a marginal decline in financing costs, with floating-rate liabilities comprising 29% of BOC Aviation's existing liabilities as of 1H25, indicating strong sensitivity to interest rate changes [5]. - The company issued corporate bonds with coupon rates of 4.25% and 4.375% for 5.5-year and 7-year terms, respectively, which are lower than the 4.75% rate for a newly issued 3-year bond in January 2025 [5]. - Earnings forecasts for 2025 and 2026 are largely maintained, with a new forecast for 2027 set at US$931 million. The stock is trading at 1.0x 2026e and 0.9x 2027e P/B, with a target price raised by 8% to HK$87.9, implying 1.1x 2026e and 1.0x 2027e P/B with an 8.8% upside [6].