Air Lease Corporation Class A Aktie News

Air Lease is trading at a 2024 estimated P/E of 9.5x, a 2025 estimated P/E of 7.9x, with a price to book 0.68x. Lease rates and residual values for aircraft are surging to record highs because of strong demand and production issues from aircraft manufacturers. The majority of Air Lease's orderbook are Airbus narrow-body A220 and A320/A321 aircraft, some of the most in-demand aircraft currently.

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NEW YORK , March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for three new Boeing 787-9 aircraft with Thai Airways International. These three Dreamliner aircraft are confirmed to deliver to the Thai carrier in 2025 from ALC's order book with Boeing. “We are pleased to announce this transaction for three new Boeing 787-9 aircraft with new customer, Th...

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on February 20, 2024 of its offering of C$400 million aggregate principal amount of additional 5.40% senior unsecured medium-term notes due June 1, 2028 (the “Notes”). The sale of the Notes is expected to close on February 28, 2024, subject to satisfaction of customary closing conditions. The No...

Air Lease Corporation (AL) Q4 2023 Earnings Call Transcript

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months and year ended December 31, 2023. “Fourth quarter and full-year performance at ALC was very strong. With the exception of the benefit of tax reform in 2017, we achieved record revenues and profits for the 4th quarter, with net income increasing 56% and revenues increasing 19% ov...

AL stock has gained 14.6% since November 2022, but it did not outperform the broader markets. Analyst expectations for Q4 2023 earnings project 12% revenue growth but flat earnings per share. The lack of supply of new jets and higher financing costs pose risks for Air Lease Corporation, but the company still has significant upside potential.