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 (NYSE: AL) provided an update on its operations in Q4 2020. As of December 31, 2020, the company owned 332 aircraft and managed 81, with an order for 361 new planes from Boeing and Airbus. Notable aircraft investments included the delivery of ten new aircraft totaling about $1.1 billion. The company also purchased and leased back additional aircraft. Furthermore, ALC issued $1.5 billion in senior unsecured notes, with two tranches due in 2026 and 2030 at fixed rates of 2.875% and 3.125%, respectively.
Air Lease Corporation (NYSE: AL) will hold a conference call on February 22, 2021, at 4:30 PM ET, to discuss its fourth-quarter and year-end 2020 financial results. Investors can join the call by dialing (855) 308-8321 domestically or (330) 863-3465 internationally, using passcode 7382239. The event will also be streamed live on the Air Lease website. Replay will be available from 7:30 PM ET on February 22 until 7:30 PM ET on March 1, with replay access numbers provided.
Air Lease Corporation (NYSE: AL) announced that CEO John L. Plueger will speak at the Bank of America Merrill Lynch 2021 Defense Outlook & Commercial Aerospace Forum on January 7, 2021, at 10:15 a.m. ET. The event will be held virtually and can be viewed live on the company’s website. Attendees are advised to register beforehand and download necessary audio software. Relevant materials for the session will be made available 15 minutes prior to the speech.
ALC is a premier aircraft leasing firm based in Los Angeles, catering to global airline clients.
Air Lease Corporation (NYSE: AL) has delivered a new Airbus A320-200neo to Peach Aviation Limited in Japan. This aircraft, equipped with CFM International LEAP-1A engines, marks the first of two A320-200neo leases scheduled for December 2020. In addition, Peach is set to receive two A321-200neo LRs from ALC in 2021 and 2022. ALC's Executive Chairman emphasizes the company's commitment to environmental sustainability through these fuel-efficient aircraft, enhancing Peach's operational capabilities.
Air Lease Corporation (NYSE: AL) has entered a long-term lease agreement for one Airbus A321-200neo with Pegasus Airlines, set for delivery in Spring 2023. Additionally, Pegasus Airlines will sell four Boeing 737-800 aircraft to ALC under a sale-leaseback agreement, leasing them back from ALC. This deal supports Pegasus' efforts in fleet modernization and aims to enhance its environmental, financial, and operational performance.
Air Lease Corporation (NYSE: AL) announced long-term lease agreements for 13 new Boeing 737-9 aircraft with Alaska Airlines, set to deliver from the second half of 2021 to the end of 2022. Alaska Airlines will also sell ten Airbus A320-200s to ALC, leasing them back in alignment with its fleet modernization plans. Executive Chairman Steven F. Udvar-Házy emphasized the importance of these deals for Alaska's diverse route network, while Alaska Air Group's CEO, Brad Tilden, highlighted the operational and financial benefits of these transactions.
Air Lease Corporation (NYSE: AL) has priced its public offering on November 17, 2020, of $750 million in senior unsecured medium-term notes: $750 million of 2.875% notes maturing on January 15, 2026, and $750 million of 3.125% notes maturing on December 1, 2030. Closing is expected on November 24, 2020. The funds will be used for general corporate purposes, including aircraft purchases and debt repayments. The 2026 Notes will trade interchangeably with existing notes, bringing total outstanding to $1.45 billion.
Air Lease Corporation (NYSE: AL) will feature Gregory B. Willis, EVP and CFO, at the Stephens Annual Investment Conference. The virtual event will take place on November 17, 2020, at 1:00 p.m. ET, accessible via the Air Lease Corporation website. Attendees may also use a direct link for the webcast. Essential materials will be available 15 minutes before the presentation. ALC specializes in aircraft leasing, providing customized solutions to airline customers globally. Investors are encouraged to check the ALC website regularly for vital updates.
Air Lease Corporation (NYSE: AL) has delivered a new Airbus A321-200neo LR aircraft to Titan Airways, marking the first of two planned deliveries from its order with Airbus. This new aircraft, equipped with CFM International LEAP-1A33 engines, is expected to enhance Titan Airways' operations significantly. The second A321-200neo LR is scheduled to be delivered in Spring 2021. The announcement underscores ALC's role in providing customized leasing solutions to airlines worldwide.
Air Lease Corporation (NYSE: AL) announced the delivery of an Airbus A321-200neo LR aircraft on long-term lease to SAS, marking the first of three units scheduled for delivery. This aircraft, powered by CFM LEAP-1A33 engines, will enhance SAS’s operations, supporting non-stop transatlantic flights from Scandinavia. SAS aims to reduce carbon emissions by 25% by 2025, making this delivery part of its fleet renewal strategy. ALC also previously delivered two A320-200neo aircraft to SAS in 2020, totaling five aircraft on lease in 2021.
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