Air Lease (AL)

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Air Lease (AL) - 2023 Q4 - Annual Report
2024-02-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35121 AIR LEASE CORPORATION (Exact name of registrant as specified in its charter) Delaware 27-1840403 (State or other jurisdiction of i ...
What Analyst Projections for Key Metrics Reveal About Air Lease (AL) Q4 Earnings
Zacks Investment Research· 2024-02-12 15:21
Analysts on Wall Street project that Air Lease (AL) will announce quarterly earnings of $1.10 per share in its forthcoming report, representing a decline of 9.1% year over year. Revenues are projected to reach $683.51 million, increasing 13.6% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a co ...
Air Lease Corporation: Book Value Warrants A Buy Rating
Seeking Alpha· 2024-02-12 10:43
Michael H/Stone via Getty Images Air Lease Corporation (NYSE:AL) stock has gained 14.6%, or a 15.2% total return, since I discussed Air Lease Corporation Q3 2023 earnings in November last year. The broader markets returned 15.1%, so I would say that while the stock did quite well, it did not show the strong outperforming nature that we are looking for. In fact, since I turned bullish on AL stock in May 2022, share price development has failed to impress as its 12% return in stock price value fell short of t ...
Analysts Estimate Air Lease (AL) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-02-08 16:05
Wall Street expects a year-over-year decline in earnings on higher revenues when Air Lease (AL) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 15. On ...
Are Transportation Stocks Becoming More Shareholder Friendly?
Zacks Investment Research· 2024-01-31 15:41
Fuel expenses represent a key input cost for any transportation company. Oil price has increased roughly 8.3% in a month and is currently trading at around $78 a barrel. This surge in a key input cost naturally hurts the bottom-line growth of transportation companies. Oil prices have been on the rise since Russia and Saudi Arabia extended voluntary supply cuts through the end of the current year.Apart from oil expenses, expenses are high on the labor front as well, courtesy of the multiple pay-related deals ...
Air Lease Corporation Announces Pricing of Public Offering of $500.0 Million of Senior Unsecured Medium-Term Notes
Businesswire· 2024-01-18 04:25
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on January 17, 2024 of its public offering of $500.0 million aggregate principal amount of 5.100% senior unsecured medium-term notes due March 1, 2029 (the “Notes”). The sale of the Notes is expected to close on January 24, 2024, subject to satisfaction of customary closing conditions. The Notes will mature on March 1, 2029 and will bear interest at a rate of 5.100% per annum, payable semi-annually in arrea ...
Air Lease (AL) Releases Encouraging Activity Update for Q4
Zacks Investment Research· 2024-01-15 19:17
Air Lease Corporation (AL) provided an update on its aircraft investments, sales and financing-related activities, which occurred in the fourth quarter of 2023.As of Dec 31, 2023, Air Lease’s fleet included 463 owned aircraft and 78 managed aircraft. As of Dec 31, 2023, AL had commitments to purchase 334 aircraft from Boeing and Airbus for delivery through 2029.The company had already delivered 22 new aircraft from its order book, which comprises six Airbus A220s, one Airbus A320neo, eight Airbus A321neos, ...
Air Lease Corporation Activity Update for the Fourth Quarter of 2023
Businesswire· 2024-01-09 11:33
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 2023. As of December 31, 2023, ALC’s fleet was comprised of 463 owned aircraft and 78 managed aircraft, with 334 new aircraft on order from Boeing and Airbus set to deliver through 2029. Aircraft Investments Delivered 22 new aircraft from ALC’s order book including six Airbus A220s, one Airbus A320neo, eight Airbu ...
Air Lease Corporation Announces Fourth Quarter and Year End 2023 Earnings Conference Call
Businesswire· 2024-01-08 11:33
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on February 15, 2024 at 4:30 PM Eastern Time to discuss the Company’s financial results for the fourth quarter and year end 2023. 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.a ...
Air Lease (AL) - 2023 Q3 - Earnings Call Transcript
2023-11-06 17:03
Air Lease Corporation (NYSE:AL) Q3 2023 Earnings Call Transcript November 6, 2023 8:00 AM ET Company Participants Jason Arnold - Head of IR John Plueger - CEO & President Steve Hazy - Executive Chairman Greg Willis - EVP & CFO Conference Call Participants Catherine O'Brien - Goldman Sachs Hillary Cacanando - Deutsche Bank Helane Becker - TD Cowen James Kirby - JP Morgan Vincent Caintic - Stephens Stephen Trent - Citi Operator Good afternoon, my name is Rob, and I'll be your conference operator today. At thi ...