Gabelli Funds Boosts Stake in Air Lease Corporation

Investment firm increases holdings in aircraft leasing company by 149.6% in Q3

Published on Mar. 8, 2026

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Gabelli Funds LLC has significantly increased its stake in Air Lease Corporation (NYSE: AL), boosting its holdings in the aircraft leasing company by 149.6% during the third quarter. The firm now owns 318,880 shares of Air Lease, worth approximately $20.3 million.

Why it matters

This investment by Gabelli Funds, a prominent asset management firm, signals confidence in Air Lease's long-term prospects. As the aviation industry continues to recover from the pandemic, Air Lease's ability to provide flexible financing solutions to airlines modernizing their fleets makes it an attractive investment.

The details

Gabelli Funds acquired an additional 191,111 shares of Air Lease during the third quarter, bringing its total holdings to 318,880 shares. This represents a 149.6% increase in the firm's stake in the aircraft leasing company. Air Lease's stock has traded in the $63-$65 range over the past year, closing at $64.52 on Friday.

  • Gabelli Funds acquired the additional 191,111 shares during the third quarter of 2026.
  • Air Lease's stock closed at $64.52 on Friday, March 8, 2026.

The players

Gabelli Funds LLC

An asset management firm that has significantly increased its stake in Air Lease Corporation.

Air Lease Corporation

An aircraft leasing company that provides flexible financing solutions to airlines for fleet modernization.

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The takeaway

This investment by Gabelli Funds underscores the continued confidence in Air Lease's business model and its ability to capitalize on the recovery in the aviation industry. As airlines look to modernize their fleets, Air Lease's flexible financing solutions make it an attractive partner for carriers around the world.