Air Lease Corporation Class A Aktie News

Air Lease Corporation Q1 2024 earnings declined, with lease revenues decreasing and interest expenses and depreciation increasing. The company faces risks from continued delays in airplane deliveries and the interest rate environment. Despite challenges, Air Lease Corporation remains a buy, with opportunities for lease extensions and selling airplanes offsetting revenue declines.

Air Lease Corporation. (NYSE:AL ) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Jason Arnold - Head of Investor Relations Steven Hazy - Executive chairman John Plueger - Chief Executive Officer and President Gregory Willis - Executive Vice President and Chief Financial Officer Conference Call Participants Helane Becker - TD Cowen Hillary Cacanando - Deutsche Bank ...

Air Lease Corp reported a lower-than-expected quarterly profit on Monday as it made higher interest payments on funds borrowed to finance aircraft purchases.

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months ended March 31, 2024. “With aircraft in short supply and values rising, we benefit from continued fleet expansion and sales activity in an industry backdrop that remains positive. We see this environment continuing for the near to medium term future,” said John L. Plueger, Chief...

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent whereby the company extended the final maturity date of the facility from May 5, 2027 to May 5, 2028 and amended the total revolving commitments to approximately $7.8 billion from $7.4 billion across 52 financi...

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024. As of March 31, 2024, ALC's fleet was comprised of 472 owned aircraft and 73 managed aircraft, with 320 new aircraft on order from Boeing and Airbus set to deliver through 2028. Aircraft Investments ...

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on May 6, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2024. Investors can participate in the conference call by dialing 1 (888) 660-6652 domestic or 1 (646) 960-0554 international. The passcode for the call is 5952437. The conference call will also be b...

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the closing on March 27, 2024 of its previously announced offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”). The Notes mature on April 15, 2030 and bear interest at a rate of 3.70% per annum, payable annually in arrears on April ...