LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced today that Steven F. Udvar-Házy, Executive Chairman, John L. Plueger, Chief Executive Officer and President, and Gregory B. Willis, Executive Vice President and Chief Financial Officer, will be speaking at the J.P. Morgan Industrials Conference 2025 in New York City on Wednesday, March 12, 2025 at 11:15 a.m. Eastern Time. ALC’s participation will be broadcast live through a link on...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements with Qanot Sharq Airlines for five new Airbus A321neo aircraft, including three A321-200neo XLRs and two A321-200neo LRs. The aircraft are scheduled to deliver to the Uzbek airline in 2026 and 2027 from Air Lease’s orderbook with Airbus.“We are pleased to further strengthen our partnership with Qanot Sharq and support the airline’s continued growth with the addition of five new Airbus A321...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months and year ended December 31, 2024.“ALC generated record revenues in 2024, driven by our $5 billion in aircraft purchases from our orderbook, and $1.7 billion in aircraft sales. Looking forward, we expect lease rates and aircraft valuations to rise, supporting the value of our business. We remain opt...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) (the “Company”) announced today the establishment of its commercial paper program (the “Program”).Under the terms of the program, the Company may issue from time to time short-term, unsecured commercial paper notes (the “Notes”) under the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended (the “
Securities Act...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the fourth quarter of 2024.
As of December 31, 2024, ALC’s fleet was comprised of 489 owned aircraft and 60 managed aircraft, with 269 new aircraft on order from Airbus and Boeing set to deliver through 2029....
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) will host a conference call on February 13, 2025 at 4:30 PM Eastern Time to discuss the Company's financial results for the fourth quarter and year end 2024.
Investors can participate in the conference call by dialing 1 (800) 715-9871 domestic or 1 (646) 307-1963 international. The passcode for the call is 7572001....
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced today the closing of a new $966.5 million unsecured term loan facility that matures in December 2027. The proceeds of the loan will be used to finance the working capital needs of Air Lease Corporation and its subsidiaries and for general corporate purposes.
Sumitomo Mitsui Trust Bank, Limited, New York Branch and Oversea-Chinese Banking Corporation Limited acted as Joint Global Coor...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and nine months ended September 30, 2024
.
“Demand for commercial aircraft remains high, and we are continuing to place aircraft at rising lease rates, while also harvesting solid gains on sa...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the third quarter of 2024.
As of September 30, 2024, ALC’s fleet was comprised of 485 owned aircraft and 64 managed aircraft, with 287 new aircraft on order from Airbus and Boeing set to deliver through 2029....
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...
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 St...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) (the “
Company
”) announced the pricing today of its public offering of 300,000 shares (the “
Shares
”) of 6.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series D (the “
Series...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced today that Steven F. Udvar-Házy, Executive Chairman, will be presenting at the Deutsche Bank 14
th
Annual Aircraft Finance & Leasing Conference in New York City on Wednesday, September 4
th
at 1:30pm Eastern Time. The p...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 787-10 to Korean Air. This aircraft is the first of ten 787-10s confirmed to deliver to the Korean flag carrier from ALC’s orderbook with Boeing.
“ALC is thrilled to announce delivery of the first of ten new Boing 787-10 aircraft leased to our longtime customer, Korean Air. We are honored to continue to build on our strong relationship with Korean and s...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and six months ended June 30, 2024
.
“We continue to feel the effects of ongoing delays from the aircraft and engine manufacturers. We remain confident and optimistic about the value of our...