Air Lease Corp Stock Price, News & Analysis

Air Lease Corporation (NYSE: AL) provided an update on aircraft investments, sales, and financing for Q4 2021. By December 31, 2021, ALC's fleet included 382 owned and 92 managed aircraft, with 416 new orders from Boeing and Airbus due through 2028. In Q4, ALC delivered 15 new aircraft, totaling investments of approximately $1.2 billion. The company sold three aircraft and raised $300 million through preferred stock issuance. Additionally, it increased its revolving credit facility to $6.8 billion.

Air Lease Corporation (NYSE: AL) priced its public offering of $750 million of 2.20% senior unsecured medium-term notes due January 15, 2027, and $750 million of 2.875% senior unsecured medium-term notes due January 15, 2032. The offering is expected to close on January 12, 2022. Proceeds will be utilized for general corporate purposes including purchasing commercial aircraft and repaying existing debt. The notes will bear interest payable semi-annually starting July 15, 2022.

Air Lease Corporation (NYSE: AL) will hold a conference call on February 17, 2022, at 4:30 PM Eastern Time to discuss its financial results for the fourth quarter and year end 2021. Investors can join the call by dialing (855) 308-8321 domestically or (330) 863-3465 internationally, using the passcode 4160718. A live broadcast will be available on the Air Lease Corporation website, with a replay accessible from February 17, 2022, 7:30 PM ET to February 24, 2022, at the same number.

Air Lease Corporation (NYSE: AL) has finalized restructuring agreements with Vietnam Airlines for leasing 18 aircraft, comprising 12 Airbus A321neo and 6 Boeing 787-10 jets. These agreements include revised lease terms tailored to the recovering aviation market in Vietnam and Southeast Asia. This strategic move aims to enhance operational efficiency and capitalize on the resurgence of air travel in the region.

Air Lease Corporation (NYSE: AL) announced the delivery of two new Airbus A350-1000 aircraft to Groupe Dubreuil Aéro, enhancing their fleet capabilities. One aircraft will serve Air Caraibes Atlantique, while the other will be the first A350-1000 in FrenchBee's fleet. This delivery underscores ALC's commitment to providing advanced, fuel-efficient aircraft to its airline partners, which include three A350-900s already leased to Groupe Dubreuil Aéro. ALC remains focused on global aircraft leasing and continues to expand its operations.

Air Lease Corporation (NYSE: AL) announced long-term lease agreements for two new Airbus A350-1000 aircraft with Virgin Atlantic, expected to deliver in 2023 and 2024. This move aligns with ALC's commitment to support Virgin Atlantic's fleet modernization and sustainable travel efforts. Executive Chairman Steven F. Udvar-Házy emphasized the long-standing partnership with the airline, highlighting the significance of these new aircraft in enhancing Virgin Atlantic's operations.

Air Lease Corporation (NYSE: AL) announced today the delivery of its first Airbus A321-200neo LR to Peach Aviation, marking a significant expansion in the airline's fleet operations. This long-term lease is part of ALC's ongoing partnership with Peach, which already includes two A320-200neos. The A321neo LR, equipped with CFM International LEAP-1A32 engines, enhances Peach Aviation's operational capabilities and supports its commitment to a modern, efficient fleet. ALC's strategy continues to focus on delivering advanced, fuel-efficient aircraft to its global airline customers.

Air Lease Corporation (NYSE: AL) announced that Gregory B. Willis, Executive Vice President and CFO, will participate in a fireside chat at the Stephens Annual Investment Conference on December 2 at 11:00 AM Eastern Time in Nashville, Tennessee. Virtual attendees can join via a provided link. The company emphasizes its role as a leading aircraft leasing firm, serving airline customers worldwide with customized leasing solutions. Investors are encouraged to visit ALC’s website for more updates and materials related to this event.

Air Lease Corporation (NYSE: AL) has delivered its first Airbus A321-200neo aircraft to China Airlines on a long-term lease. This aircraft, featuring Pratt & Whitney PW1133G-JM engines, is part of a confirmed order for six A321-200neos. CEO John L. Plueger highlighted the aircraft's significance for China Airlines' fleet expansion and modernization, emphasizing improved fuel efficiency and profitability. ALC's commitment to sustainability and enhanced passenger experience were also underscored. Forward-looking statements regarding future performance and deliveries were noted.