• Air Lease average operating margin for 2023 was 26.56%, a 525.64% decline from 2022.
• Air Lease average operating margin for 2022 was -6.24%, a 123.5% decline from 2021.
• Air Lease average operating margin for 2021 was 26.55%, a 23% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.