Air Lease

Air Lease Corp. engages in the provision of aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers, and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.

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Air Lease (AL) posts record revenue in Q4 2022

Air Lease (AL) reported strong Q4 2022 results, showcasing revenue growth and strategic aircraft acquisitions.
Despite challenges like supply chain constraints and delivery delays, the company remains optimistic about future growth.
Opportunities lie in robust sales activity, strategic adjustments in the supply chain, and potential revenue growth from lease rate upside.
ALC's focus on maintaining a strong balance sheet and liquidity position positions it well for future success.

Air Lease (AL) reports record revenues amidst aircraft delivery challenges

Air Lease (AL) reported strong Q1 2023 performance with record revenues and higher sales margins, despite challenges in aircraft deliveries from Airbus and Boeing.
The company's conservative risk management approach and optimistic outlook on future demand and acquisitions position it well for growth.
While facing industry challenges, Air Lease is actively addressing issues and leveraging opportunities to enhance its operations and partnerships.

Air Lease reports robust Q2 earnings amidst delivery challenges

Air Lease's Q2 2023 earnings call highlighted strong financial performance, global demand for new aircraft, and challenges with delivery delays and supply chain disruptions. The company aims for continued growth through aircraft sales, lease rate improvements, and maintaining strong relationships in the Chinese market.

Air Lease reports robust Q3 earnings amid industry challenges

Air Lease Corporation delivered strong Q3 2023 earnings, showcasing resilience amidst industry challenges and maintaining a focus on fleet growth and profitability.
Despite facing headwinds such as engine issues and supply constraints, ALC's financial performance and strategic initiatives position the company for long-term success and sustainable growth.
With a robust liquidity position, disciplined approach to operations, and a strong order book, ALC is well-positioned to navigate market dynamics and capitalize on growth opportunities.
The company's commitment to improving profit margins, return on equity, and achieving sales targets underscores its strategic focus on driving shareholder value and long-term success.

Air Lease (AL) achieves record revenues and growth amidst market challenges

Air Lease (AL) reports strong financial performance with record revenues and EPS growth, driven by fleet expansion and sales gains.
The company showcases strengths in airline traffic volumes, asset value, and risk mitigation strategies, focusing on financial stability and growth.
Challenges include production constraints, supply/demand imbalances, and uncertainties in lease rates and market conditions, with opportunities in revenue growth and market dynamics.

Air Lease reports strong Q1 earnings, eyes stock buybacks

Air Lease's Q1 2024 performance was driven by fleet growth and sales activities, with a positive outlook for the future. Despite supply chain challenges, the company maintains a strong investment-grade balance sheet and liquidity position. Opportunities lie in stock buybacks and strategic market focus for growth.

Air Lease Q2 2024: Challenges Amid Strong Operational Performance

Air Lease Corporation faced challenges in Q2 2024 due to OEM delays and revenue reductions but maintained strong operational performance.
Despite these challenges, the company has a robust sales pipeline, high fleet utilization, and anticipates benefiting from funding cost reductions.
With a focus on liquidity, growth opportunities, and a solid financial position, Air Lease is poised for continued success in the commercial aircraft market.

Air Lease reports robust Q3 performance, eyes growth opportunities

Air Lease Corporation's Q3 2024 performance reflects resilience and growth potential amidst industry challenges, with a focus on fleet expansion, strong lease rates, and customer retention.
The company's proactive approach to managing its aircraft sales pipeline, lease extension activity, and dividend distribution underscores its commitment to long-term value creation and shareholder returns.
While facing challenges such as market dynamics and competition, Air Lease Corporation remains optimistic about its future performance and strategic initiatives to drive sustainable growth and profitability.

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Air Lease Corp. engages in the provision of an aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.

Air Lease Corp (NYSE:AL ) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET Company Participants Jason Arnold - VP, IR John Plueger - CEO, President & Director Steven Udvar-Hazy - Executive Chairman Gregory Willis - EVP & CFO Conference Call Participants Helane Becker - Cowen and Company Moshe Orenbuch - Crédit Suisse Hillary Cacanando - Deutsche Bank Operator Good afternoon, and welcome to the Air Lease Q2 2022 Earnings Conference Call. [Operator Instructions].

Air Lease Corp (AL) CEO John Plueger on Q2 2022 Results - Earnings Call Transcript

Air Lease (AL) delivered earnings and revenue surprises of 20.25% and 2.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Air Lease (AL) Q2 Earnings and Revenues Top Estimates

Boeing

Airbus SE

Air Lease Corp's chairman said on Thursday the lessor will examine progress payments that the company makes to Boeing Co and Airbus SE, as deliveries of aircraft get delayed due to labor and engine shortages.

Air Lease chairman says progress payments to Airbus, Boeing under scanner

(Reuters) -Aircraft lessor Air Lease Corp on Thursday reported a rise in second-quarter profit as a rebound in travel drove demand for its jets.

Air Lease quarterly profit rises on travel rebound

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and six months ended June 30, 2022. “We had a good second quarter with higher than expected aircraft deliveries and strong aircraft placements. Aircraft shortages and concerns about future new aircraft delivery delays are causing many airlines to secure lease extensions on existing aircraft, as pandemic recovery is well underway with airlines struggling to meet significant passenger de

Air Lease Corporation Announces Second Quarter 2022 Results

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Airbus A321neo aircraft with Qanot Sharq Airlines (Uzbekistan), the first privately-owned airline in Uzbekistan. The aircraft are scheduled to deliver to the airline this fall from ALC's order book with Airbus. “We are very pleased with this placement of two new A321neo aircraft with Qanot Sharq Airlines. Thanks to positive economic reforms intended to encourage private sector g

Air Lease Corporation Announces Lease Placement of Two New Airbus A321neo Aircraft with Qanot Sharq Airlines (Uzbekistan)

FARNBOROUGH, England--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for six new Airbus A220-300 aircraft with TAAG Angola Airlines. The aircraft are scheduled to deliver to the airline starting in 2023 through 2024 from ALC's orderbook with Airbus. “ALC is pleased to announce this significant lease placement for six new Airbus A220s with TAAG and be the first to introduce Airbus aircraft to the airline,” said Steven Udvar-Házy, Executive Chairman o

Air Lease Corporation Announces Lease Placement of Six New Airbus A220-300 Aircraft with TAAG Angola Airlines

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments and sales activity occurring in the second quarter of 2022. As of June 30, 2022, ALC's fleet was comprised of 392 owned aircraft and 89 managed aircraft, with 430 new aircraft on order from Boeing and Airbus set to deliver through 2028. Aircraft Investments Delivered 21 new aircraft from ALC's order book including two Airbus A320neos, five Airbus A321neos, one Airbus A330-900neo, two

Air Lease Corporation Activity Update for the Second Quarter of 2022

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on August 4, 2022 at 4:30 PM Eastern Time to discuss the Company's financial results for the second quarter of 2022. Investors can participate in the conference call by dialing 1 (833) 634-2156 domestic or 1 (412) 902-4142 international. Please request to be joined into the Air Lease Corporation call. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Cor

Air Lease Corporation Announces Second Quarter 2022 Earnings Conference Call

Air Lease (AL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Air Lease (AL) Soars 9%: Is Further Upside Left in the Stock?

Air Lease (AL) is aided by solid liquidity, a strong freight market and steady fleet growth. However, rising operating expenses and a decline in collection rates are a concern.

Solid Liquidity Boosts Air Lease (AL) Amid High Expenses

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for three new Airbus A321neo aircraft with LATAM Airlines. The aircraft are scheduled to deliver to LATAM in summer and fall of 2023 from ALC's orderbook with Airbus. “We are pleased to announce the long-term leases of three new Airbus A321neo aircraft to the largest airline in South America: LATAM Airlines,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “This is anot

Air Lease Corporation Announces Lease Placement of Three New Airbus A321neo Aircraft with LATAM Airlines

Air Lease Corporation took an impairment charge for Russian aircraft in the first quarter putting the lessor in a loss position. Leasing environment is improving and aircraft once destined for Russia are being placed with new lessees at more attractive terms for Air Lease.

Air Lease Corporation: Still A Buy After Loss

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today that Gregory B. Willis, Executive Vice President and Chief Financial Officer, will be speaking at the Barclays Americas Select Franchise Conference in London on Wednesday, May 11th at 1:00pm BST (8:00am ET). About Air Lease Corporation (NYSE: AL) ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced pro

Air Lease Corporation Chief Financial Officer to Speak at Barclays Americas Select Franchise Conference

The executive chairman of Air Lease Corp said on Monday that Boeing's delayed 777X wide-body jet programme could be at risk due to regulatory problems and delays.

Air Lease chairman sees risk to Boeing 777X project from delays

Air Lease Corp is pursuing "vigorous" insurance claims over jets stranded in Russia following changes in the law preventing their repossession, Steven Udvar-Hazy, founder and executive chairman of the U.S. lessor, told the Airline Economics conference.

Air Lease chairman says pursuing insurance claims over Russia

Air Lease's (AL) Q1 revenues benefit from fleet growth.

Air Lease's (AL) Q1 Earnings & Revenues Beat Mark, Surge Y/Y

Air Lease Corp (NYSE:AL ) Q1 2022 Earnings Conference Call May 5, 2022 4:30 PM ET Company Participants Jason Arnold - Assistant VP, Finance John Plueger - CEO, President & Director Steven Hazy - Executive Chairman Gregory Willis - EVP & CFO Conference Call Participants Catherine O'Brien - Goldman Sachs Group Jamie Baker - JPMorgan Chase & Co. Moshe Orenbuch - Crédit Suisse- Hillary Cacanando - Deutsche Bank Mark Streeter - JPMorgan Chase & Co. Operator Ladies and gentlemen, welcome to the Air Lease First Quarter 2022 Earnings Conference Call. [Operator Instructions].

Air Lease Corp (AL) CEO John Plueger on Q1 2022 Results - Earnings Call Transcript

Air Lease (AL) delivered earnings and revenue surprises of 30.77% and 5.57%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Air Lease (AL) Surpasses Q1 Earnings and Revenue Estimates

(Reuters) -Air Lease Corp on Thursday reported a quarterly loss after the aircraft lessor recorded a previously announced $802.4 million charge on the value of jets stranded in sanctions-hit Russia.

Air Lease posts quarterly loss on charges from jets stranded in Russia

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months ended March 31, 2022. “Industry fundamentals continue to strengthen globally – demand is expanding both for new and young used aircraft, supporting continued firming of lease rates and bolstering the value of the existing aircraft in our fleet. We benefited from this improving backdrop during the first quarter. While we wrote-off our Russia exposure, we are vigorously pursuing o

Air Lease Corporation Announces First Quarter 2022 Results

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, 2025 to May 5, 2026 and increased the total revolving commitments to approximately $7.0 billion from $6.8 billion, across 52 financial institutions as of May 5, 2022. The senior unsecured revolving credit facility accrues interest

Air Lease Corporation Increases Senior Unsecured Revolving Credit Facility to $7.0 Billion

Air Lease Corporation initially saw no reason to impair its assets. Company risk assessment has been proven little over a month after Air Lease made a case for not impairing assets.

Air Lease Corporation: The $800 Million Mistake In Russia

Air Lease Corp. AL, -2.08% disclosed Monday that it will record a charge of $802.4 million to write off 27 aircraft in Russia, including 21 in its owned fleet. The stock was still inactive in premarket trading.

Air Lease to write off more than $800 million in aircraft in Russia

Air Lease Corp said on Friday it would write off the value of the 27 jets it has remaining in sanctions-hit Russia, a move that is expected to lead to charges of about $802 million.

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