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Air Lease Corp - AL STOCK NEWS

Welcome to our dedicated news page for Air Lease (Ticker: AL), a resource for investors and traders seeking the latest updates and insights on Air Lease.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Air Lease's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Air Lease's position in the market.

Rhea-AI Summary
Air Lease (NYSE: AL) provided an update on aircraft investments, sales, and financing activities in the first quarter of 2024. The company's fleet consisted of 472 owned aircraft and 73 managed aircraft, with 320 new aircraft on order from Boeing and Airbus. ALC delivered 14 new aircraft, sold five aircraft, and issued a total of $1.5 billion in senior unsecured medium-term notes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
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none
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Rhea-AI Summary
Air Lease (AL) will hold a conference call on May 6, 2024, at 4:30 PM ET to discuss its Q1 2024 financial results. Investors can join by dialing 1 (888) 660-6652 (domestic) or 1 (646) 960-0554 (international), with the passcode 5952437. The call will be live-streamed on the company's website. A replay will be available until May 13, 2024, for those who miss the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
-
Rhea-AI Summary
Air Lease (AL) successfully closed a €600 million offering of 3.70% senior unsecured medium-term notes due in 2030. The Notes bear interest at 3.70% per annum and mature on April 15, 2030. The Company plans to use the net proceeds for general corporate purposes, including aircraft purchases and debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
none
Rhea-AI Summary
KBRA affirms A- issuer and senior unsecured debt ratings for Air Lease and assigns A- rating to Medium-Term Notes. The ratings reflect AL's strong financial fundamentals, young fleet, diverse customer base, and access to capital markets. Despite industry challenges and key-man risk, AL's Stable Outlook is supported by its resilient performance during the pandemic and favorable industry dynamics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.68%
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none
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Rhea-AI Summary
Air Lease (AL) announces the pricing of €600 million senior unsecured medium-term notes due 2030. The Notes will bear interest at 3.70% per annum, payable annually in arrears. Proceeds will be used for general corporate purposes, including aircraft purchases and debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
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none
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Rhea-AI Summary
Air Lease (AL) announces long-term lease agreements for two new Airbus A321-200neo aircraft with Transavia, scheduled for delivery in late 2025 and early 2026. These additions will enhance Transavia's fleet operations, building on the success of the first ALC A321neo delivered in December 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
Rhea-AI Summary
Air Lease Corporation (AL) executives to speak at J.P. Morgan Industrials Conference 2024 in New York City. Event details and live broadcast information provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
Tags
conferences
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Rhea-AI Summary
Air Lease Corporation (AL) announces long-term lease agreements for three new Boeing 787-9 aircraft with Thai Airways International, enhancing the Thai carrier's fleet and global network. The Dreamliner aircraft will be delivered in 2025, marking a significant milestone in ALC's partnership with Thai Airways.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
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none
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Rhea-AI Summary
Air Lease Corporation (AL) announces the pricing of C$400 million senior unsecured medium-term notes due June 1, 2028, with a 5.40% interest rate. The offering is expected to close on February 28, 2024, and the net proceeds will be used for general corporate purposes, including aircraft purchases and debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
Tags
none
Rhea-AI Summary
Air Lease Corporation (AL) reports strong financial performance for Q4 and full-year 2023 with record revenues and profits. Net income increased by 56% in Q4, reaching $210.6 million, and revenues grew by 19% to $716.6 million. For the full year, total assets exceeded $30 billion for the first time. ALC's commercial aircraft supply/demand remains favorable with a $22 billion forward orderbook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.78%
Tags
Air Lease Corp

NYSE:AL

AL Rankings

AL Stock Data

5.40B
103.40M
6.51%
91.36%
4.77%
General Rental Centers
Real Estate and Rental and Leasing
Link
US
Los Angeles

About AL

launched in 2010, air lease corporation (alc) is an aircraft leasing company based in los angeles, california that has airline customers throughout the world. alc and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline partners worldwide through customized aircraft leasing and financing solutions. for more information, visit alc's website at www.airleasecorp.com.