Air Lease Corporation Class A Stock News

Air Lease Corporation (AL) Q3 2024 Earnings Conference Call Transcript

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. Aircraft Investme...

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...

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 ne...

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 D Preferred Stock”), with a liquidation preference of $1,000.00 per share. The sale of the Shares is expected to close on September 24, 2024, su...

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.

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 ...

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.