Profile
Sector:
IndustrialsIndustry:
Rental & Leasing ServicesCountry:
United StatesIPO:
19 April 2011Website:
http://www.airleasecorp.comNext earnings report:
07 November 2024Last dividends:
06 September 2024Next dividends:
N/APrice
after hours | 99 min agoAnalysts recommendations
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AL Latest News
Air Lease (AL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Air Lease benefits from the uptick in air travel demand. The shareholder-friendly initiative is praiseworthy.
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on November 7, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the third 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 broadcast live through a link on the Investors page of the Air Lease Corporation website at www.ai.
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A220-300 to TAAG Angola Airlines, the national carrier of Angola. This is the first A220 aircraft to deliver on long-term lease to TAAG and is the first of six new A220-300s confirmed to deliver to the airline from ALC's orderbook with Airbus. “We are pleased to announce ALC's first of six new A220-300 aircraft delivered to TAAG Angola Airlines,” said Steven F. Udvar-Házy, Executive Chairman.
Air Lease's surge in operating expenses does not bode well for the company. Elevated interest expenses and weak liquidity are hurting the company's bottom line.
Investors need to pay close attention to Air Lease (AL) stock based on the movements in the options market lately.
Air Lease Corporation preferred stock offers a compelling proposition for income investors. Fixed-floating rate preferred stock offers a higher yield than common stock with limited risk. Air Lease Corporation Series A preferred stock offers attractive yield, but potential for redemption in the future, buy after ex-dividend date for lower risk.
Sarat Sethi, Managing Partner at DCLA, joins CNBC's "Halftime Report" to explain his recent sale of Air Lease.
Air Lease (AL) second-quarter 2024 results are hurt by sales of older aircraft with higher lease yields, purchases of new aircraft with lower initial lease yields and reduced gains from aircraft sales.
Air Lease Corporation stock tumbled 14% due to negative market sentiment. Margins under pressure with decreased revenues and increased expenses. Despite recession fears, Air Lease Corporation remains a buy with double-digit upside based on book value and enterprise value.
What type of business is Air Lease?
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. The company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2023, it owned a fleet of 463 aircraft, including 345 narrowbody aircraft and 118 widebody aircraft. Air Lease Corporation was incorporated in 2010 and is headquartered in Los Angeles, California.
What sector is Air Lease in?
Air Lease is in the Industrials sector
What industry is Air Lease in?
Air Lease is in the Rental & Leasing Services industry
What country is Air Lease from?
Air Lease is headquartered in United States
When did Air Lease go public?
Air Lease initial public offering (IPO) was on 19 April 2011
What is Air Lease website?
https://www.airleasecorp.com
Is Air Lease in the S&P 500?
No, Air Lease is not included in the S&P 500 index
Is Air Lease in the NASDAQ 100?
No, Air Lease is not included in the NASDAQ 100 index
Is Air Lease in the Dow Jones?
No, Air Lease is not included in the Dow Jones index
When was Air Lease the previous earnings report?
No data
When does Air Lease earnings report?
The next expected earnings date for Air Lease is 07 November 2024