Welcome to our dedicated page for Air Lease news (Ticker: AL), a resource for investors and traders seeking the latest updates and insights on Air Lease stock.
Air Lease Corp (AL) provides comprehensive aircraft leasing solutions to airlines worldwide. This news hub offers investors and industry professionals direct access to official updates and strategic developments from the company.
Track key announcements including quarterly earnings, new aircraft acquisitions, and global leasing agreements. Our curated collection ensures you stay informed about fleet management innovations and market expansion initiatives without promotional bias.
Discover press releases covering aircraft portfolio updates, financing partnerships, and industry leadership changes. All content is verified through primary sources to maintain accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined access to Air Lease Corp's latest business developments. Check regularly for real-time updates that impact aviation leasing markets and investment considerations.
Air Lease Corporation (AL) has reported promising financial results for Q3 and the first nine months of 2021, with a 6.3% increase in revenues to $524.5 million, driven by record rental revenue and lease placements. The company achieved the highest quarterly rental revenue since inception, placing 64 aircraft in a single quarter. However, net income available to common stockholders declined by 14.2% to $100 million due to lower aircraft sales. AL plans to increase its quarterly dividend by 15.6% to $0.185 per share, marking the ninth increase in its history.
Air Lease Corporation (NYSE: AL) announced that CEO John L. Plueger will speak at the Airline Economics Growth Frontiers New York 2021 conference on October 21, 2021, at 10:20 AM ET. The discussion will feature a fireside chat format with Boeing Commercial Airplanes CEO Stan Deal. For more details, attendees can visit the conference website. Additionally, materials for the engagement will be available on Air Lease's Investors section prior to the presentation. Air Lease Corporation, based in Los Angeles, specializes in purchasing and leasing commercial aircraft to airlines globally.
Air Lease Corporation (NYSE: AL) provided an update on its aircraft investments, sales, and financing for Q3 2021. As of September 30, 2021, ALC owned 370 aircraft and managed 89, with 320 new aircraft on order for delivery through 2027. During the quarter, ALC delivered 16 new aircraft and invested approximately $800 million in aircraft. No aircraft sales occurred, and the company issued $1.1 billion in senior unsecured medium-term notes while upscaling its revolving credit facility to $6.5 billion.
Air Lease Corporation (NYSE: AL) has priced its public offering of 300,000 shares of 4.125% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C, with a $1,000 liquidation preference per share. The offering is expected to close on October 13, 2021. Dividends will accrue at 4.125% until December 15, 2026, after which the rate will adjust based on the U.S. Treasury Rate plus 3.149%. Proceeds will be used for general corporate purposes, including aircraft purchases and debt repayment.
Air Lease Corporation (NYSE: AL) will host a conference call on November 4, 2021 at 4:30 PM ET to discuss its third-quarter financial results. Investors can join by calling (855) 308-8321 domestically or (330) 863-3465 internationally, using passcode 4987315. The call will also be available via live broadcast on the company's website. A replay of the conference call will be accessible from 7:30 PM ET on November 4 until 7:30 PM ET on November 11, with the same dial-in information.
Air Lease Corporation (NYSE: AL) has secured a significant deal with ITA, Italy's new national airline, to lease 31 new Airbus aircraft, including A220s, A320neos, A321neos, and A330-900neos. Deliveries will commence in late 2022 and extend through early 2025. Additionally, ITA has signed a Memorandum of Understanding with Airbus for 28 new aircraft purchases. This partnership aims to establish an environmentally friendly fleet while enhancing operational efficiency. ALC's Executive Chairman expressed pride in supporting ITA's growth strategy.
Air Lease Corporation (NYSE: AL) has delivered its first of 13 Boeing 737-9 aircraft on long-term lease to
Air Lease Corporation (NYSE: AL) announced that Steven F. Udvar-Házy and John L. Plueger will be speaking at the Airline Economics Growth Frontiers London 2021 conference on September 20, 2021. This event highlights ALC's engagement with key industry players and showcases their leasing solutions for airlines worldwide. Attendees can find presentation materials in advance on the Investors section of the Air Lease website. For more information about the conference, visit here.
Air Lease Corporation (NYSE: AL) has announced that Gregory B. Willis, Executive Vice President and CFO, will present at the Deutsche Bank 11th Annual Aircraft Finance & Leasing Conference in New York City on Tuesday, September 14th at 2:00 PM ET. The presentation will be live-streamed on the Air Lease Corporation Investors page. Interested parties can access the webcast via the provided links. Materials for the presentation will be available in advance on the company’s website, which is regularly updated with important investor information.
Air Lease Corporation (NYSE: AL) announced long-term leases for ten Airbus A321-200neo aircraft and sale and lease-backs of five Airbus A320-200neo aircraft to Spirit Airlines (NYSE: SAVE). Deliveries are set between 2021 and 2024. This partnership aims to enhance Spirit's fleet efficiency and support its growth plans. The deal underscores ALC's tailored fleet solutions and Spirit's efforts to maintain a competitive, fuel-efficient fleet.
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