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 Corporation (NYSE: AL) is a global aircraft leasing company based in Los Angeles, California, with airline customers throughout the world. This news page aggregates company-specific updates for AL, focusing on aircraft investments, lease placements, sales activity, financial results, and the company’s pending merger with a consortium-backed holding company.
Recent news releases highlight Air Lease’s ongoing aircraft deliveries from its orderbook with Airbus and Boeing, including new Airbus A220 and A321neo family aircraft and Boeing 737 and 787 models. The company regularly announces long-term lease agreements with airlines in various regions, such as Uzbekistan-based Qanot Sharq, startup Vietnamese carrier Sun PhuQuoc Airways, and new airline Magnifica Air, illustrating how Air Lease places modern commercial aircraft with a diverse set of airline partners.
Investors following AL news will also find quarterly activity updates summarizing aircraft investments, sales to third-party buyers, and key portfolio metrics, as well as earnings releases that discuss rental revenue trends, gains on aircraft sales, insurance recoveries related to the former Russian fleet, and selected financial ratios. These disclosures provide insight into how the company’s fleet, orderbook, and financial performance are evolving over time.
A significant portion of recent news coverage relates to Air Lease’s definitive merger agreement with Sumisho Air Lease Corporation Designated Activity Company, a new holding company whose shares are held by Sumitomo Corporation, SMBC Aviation Capital Limited, and affiliates of Apollo and Brookfield. News items describe the entry into the merger agreement, the expiration of the Hart-Scott-Rodino waiting period, and stockholder approval of the transaction, along with the company’s expectation that the merger will close in the first half of 2026, subject to customary conditions.
By monitoring this page, readers can review Air Lease’s official Business Wire announcements on fleet developments, customer partnerships, financial results, and the progress of the proposed acquisition, all in one place.
Air Lease Corporation (NYSE: AL) announced key updates as of September 30, 2020. The company operates a fleet of 308 owned and 81 managed aircraft, with a total of 377 new aircraft on order from Boeing and Airbus for delivery through 2026.
During the third quarter, ALC delivered seven new aircraft and invested approximately $0.6 billion in aircraft. The company issued $700 million in senior unsecured medium-term notes due 2026 at a fixed rate of 2.875% and maintained $7 billion in liquidity.
Air Lease Corporation (NYSE: AL) announced that Executive Chairman Steven F. Udvar-Házy will participate in a webinar hosted by Aviation Week Network on October 13, 2020, at 10:00 AM ET. The event will take the form of a fireside chat and is available for registration online. AL, based in Los Angeles, is a leading aircraft leasing company serving global airline customers with tailored leasing solutions. Investors are encouraged to visit www.airleasecorp.com for more information.
Air Lease Corporation (NYSE: AL) will host a conference call on November 9, 2020, at 4:30 PM ET to discuss its third quarter financial results. Investors can participate by dialing (855) 308-8321 domestically or (330) 863-3465 internationally, using passcode 7253138. The call will also be available via live broadcast on the company’s website, with a replay accessible from 7:30 PM ET on November 9 to November 16, 2020.
ALC is a leading aircraft leasing company, providing tailored leasing and financing solutions to global airline customers.