Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of new commercial jet aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2020, the company owned a fleet of 332 aircraft, including 236 narrowbody aircraft and 96 widebody aircraft. Air Lease Corporation was incorporated in 2010 and is headquartered in Los Angeles, California.
IPO Year: 2011
Exchange: NYSE
Website: airleasecorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/20/2025 | $68.00 | Neutral → Buy | Citigroup |
| 3/7/2025 | $72.00 → $50.00 | Buy → Underperform | BofA Securities |
| 11/21/2024 | $65.00 | Buy | Goldman |
| 7/29/2024 | $56.00 → $58.00 | Buy | TD Cowen |
| 5/7/2024 | $59.00 → $56.00 | Buy | TD Cowen |
| 1/10/2024 | $54.00 | Outperform | BMO Capital Markets |
| 11/15/2023 | $46.00 | Overweight | Barclays |
| 5/15/2023 | $41.00 | Neutral | Citigroup |
| 2/28/2023 | $59.00 | Buy | Goldman |
| 3/15/2022 | $50.00 | Buy | HSBC Securities |
Air Lease (NYSE:AL) announces financial results for the three months ended March 31, 2025. "AL had a strong quarter with fleet expansion, healthy sales gains, significant insurance settlements related to our aircraft in Russia, and achieving our target debt to equity ratio which now allows us to consider all capital allocation opportunities. To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft. We continue to benefit from robust global aircraft demand in both leasing and aircraft trading as significant aircraft supply constraints persist," said John L. Plueger, Chief Executive Officer and President. First Quarter 2025 Results
Air Lease (NYSE:AL) announced an update on aircraft investments, sales, and other activities occurring in the first quarter of 2025. As of March 31, 2025, AL's fleet was comprised of 487 owned aircraft and 57 managed aircraft, with 255 new aircraft on order from Airbus and Boeing set to deliver through 2029. Aircraft Investments Delivered 14 new aircraft from AL's orderbook including four Airbus A220s, eight Boeing 737-8s, one Boeing 737-9, and one Boeing 787-10. Aircraft investments totaled approximately $800 million, with the majority occurring in the second half of the quarter. Sales Sold 16 aircraft to third-party buyers. Aircraft sales proceeds for the quarter totaled appro
Air Lease (NYSE:AL) will host a conference call on May 5, 2025 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2025. Investors can participate in the conference call by dialing 1 (800) 715-9871 domestic or 1 (646) 307-1963 international. The passcode for the call is 4869598. The conference call will also be broadcast live through a link on the Investors page of the Air Lease website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease website. For your convenience,
Air Lease (NYSE:AL) announced today the appointment of Grant Newman as Senior Vice President and Treasurer, effective March 17. Grant Newman is an experienced finance, strategy and aviation executive, with over 20 years in finance, more than 15 of which have been in aviation and aerospace. He most recently served as the CFO of Elroy Air, an aerospace start-up, from 2021-2025, where he led the finance, supply chain, government affairs and legal departments. Prior to that Grant was SVP, Strategy & Corporate Development at Era Helicopters where he led the company's M&A, capital markets and strategic initiatives including the divestiture of DART Aerospace and Era's $1.5 billion merger with Bri
Air Lease (NYSE:AL) unveiled a new logo and website today in commemoration of the company's 15 years in business. In addition to the reimagined logo, Air Lease has also announced a rebranding to "Air Lease" or "AL" to align with the company's NYSE ticker symbol. "We are excited to introduce our new logo and website today," said John L. Plueger, Chief Executive Officer and President of Air Lease. "Air Lease's new look represents the company's commitment to innovation and progress, while also honoring our legacy as a leading aircraft lessor. Our new logo is simple, bold and modern for powerful visual recognition to showcase the strength of our enduring brand as we move into the future." The
Will Transition from Executive Chairman to Chairman of the Board of Directors, Effective May 2, 2025 Air Lease Corporation (NYSE:AL) ("ALC" or the "Company") today announced that Executive Chairman Steven Udvar-Házy will retire on May 2, 2025, following the Company's 2025 Annual Meeting of Stockholders. Mr. Udvar-Házy will continue to serve on the Company's Board of Directors as non-executive Chairman until the Company's 2026 annual meeting of stockholders. Mr. Udvar-Házy founded Air Lease Corporation in 2010 and served as Chairman and Chief Executive Officer until 2016, at which time he became Executive Chairman. During Mr. Udvar-Házy's tenure at ALC, he has helped oversee the Company's
Air Lease Corporation (NYSE:AL) announced today that Steven F. Udvar-Házy, Executive Chairman, John L. Plueger, Chief Executive Officer and President, and Gregory B. Willis, Executive Vice President and Chief Financial Officer, will be speaking at the J.P. Morgan Industrials Conference 2025 in New York City on Wednesday, March 12, 2025 at 11:15 a.m. Eastern Time. ALC's participation will be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Alternatively, virtual attendees may access the webcast directly via this link: J.P. Morgan 2025 Industrials Conference. Please visit the website prior to the webcast to register, download an
Today Air Lease Corporation (NYSE:AL) announced long-term lease agreements with Qanot Sharq Airlines for five new Airbus A321neo aircraft, including three A321-200neo XLRs and two A321-200neo LRs. The aircraft are scheduled to deliver to the Uzbek airline in 2026 and 2027 from Air Lease's orderbook with Airbus. "We are pleased to further strengthen our partnership with Qanot Sharq and support the airline's continued growth with the addition of five new Airbus A321neo LR/XLR aircraft," said AJ Abedin, Senior Vice President of Marketing at Air Lease Corporation. "As the airline successfully executes its expansion, these new A321neo jets will enhance its network reach while delivering excepti
Air Lease Corporation (ALC) (NYSE:AL) announces financial results for the three months and year ended December 31, 2024. "ALC generated record revenues in 2024, driven by our $5 billion in aircraft purchases from our orderbook, and $1.7 billion in aircraft sales. Looking forward, we expect lease rates and aircraft valuations to rise, supporting the value of our business. We remain optimistic about the ongoing benefits of these trends, given aircraft shortages are anticipated to persist for several years to come," said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Házy, Executive Chairman of the Board. Fourth Quarter and Fiscal Year 2024 Results The follow
KBRA assigns a K1 short-term debt rating to the up to $2 billion Unsecured Commercial Paper Notes Program ("CP Notes") expected to be issued by Air Lease Corporation (NYSE:AL, "the company")), a leading global aircraft leasing company based in Los Angeles, California. Key Credit Considerations The K1 short-term debt rating on the CP Notes reflects AL's A- issuer rating and Stable Outlook as well as the company's strong liquidity and funding profiles, supported by solid ongoing operating cash flow, significant available undrawn liquidity, significant unencumbered assets and strong funding access including cost-effective access to capital markets even during challenging market environment
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
Citigroup upgraded Air Lease from Neutral to Buy and set a new price target of $68.00
BofA Securities downgraded Air Lease from Buy to Underperform and set a new price target of $50.00 from $72.00 previously
Goldman resumed coverage of Air Lease with a rating of Buy and set a new price target of $65.00
TD Cowen resumed coverage of Air Lease with a rating of Buy and set a new price target of $58.00 from $56.00 previously
TD Cowen reiterated coverage of Air Lease with a rating of Buy and set a new price target of $56.00 from $59.00 previously
BMO Capital Markets initiated coverage of Air Lease with a rating of Outperform and set a new price target of $54.00
Barclays initiated coverage of Air Lease with a rating of Overweight and set a new price target of $46.00
Citigroup initiated coverage of Air Lease with a rating of Neutral and set a new price target of $41.00
Goldman resumed coverage of Air Lease with a rating of Buy and set a new price target of $59.00
HSBC Securities initiated coverage of Air Lease with a rating of Buy and set a new price target of $50.00
8-K - AIR LEASE CORP (0001487712) (Filer)
8-K - AIR LEASE CORP (0001487712) (Filer)
10-Q - AIR LEASE CORP (0001487712) (Filer)
8-K - AIR LEASE CORP (0001487712) (Filer)
DEFA14A - AIR LEASE CORP (0001487712) (Filer)
8-K - AIR LEASE CORP (0001487712) (Filer)
DEFA14A - AIR LEASE CORP (0001487712) (Filer)
DEF 14A - AIR LEASE CORP (0001487712) (Filer)
8-K - AIR LEASE CORP (0001487712) (Filer)
8-K - AIR LEASE CORP (0001487712) (Filer)
Air Lease (NYSE:AL) announced today the appointment of Grant Newman as Senior Vice President and Treasurer, effective March 17. Grant Newman is an experienced finance, strategy and aviation executive, with over 20 years in finance, more than 15 of which have been in aviation and aerospace. He most recently served as the CFO of Elroy Air, an aerospace start-up, from 2021-2025, where he led the finance, supply chain, government affairs and legal departments. Prior to that Grant was SVP, Strategy & Corporate Development at Era Helicopters where he led the company's M&A, capital markets and strategic initiatives including the divestiture of DART Aerospace and Era's $1.5 billion merger with Bri
Air Lease Corporation (NYSE:AL) announced the delivery of one new Airbus A220-300 aircraft to Croatia Airlines. This is the first A220 to join the Croatian carrier's fleet and the first of six new A220 aircraft confirmed to deliver to the airline from ALC's orderbook with Airbus. "Air Lease Corporation is honored to have been selected by Croatia Airlines as the first Lessor to introduce the A220 to the airline and support Croatia's major fleet modernization program," said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. "This milestone first of six new A220 delivery is a wonderful achievement that commences the fleet transformation at Croatia Airlines." "We are thrille
Today Air Lease Corporation (NYSE:AL) announced long-term lease agreements for two new Airbus A321-200neo aircraft with Transavia. Confirmed to deliver in late 2025 and early 2026, these two new Airbus A321-200neos join seven A321-200neos ALC has leased to Transavia. The first ALC A321neo aircraft delivered to Transavia in December 2023 and was the first A321-200neo to join the Dutch carrier's fleet. "ALC is pleased to announce this transaction for two additional Airbus A321neo aircraft with Transavia," said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. "Our nine A321-200neo aircraft will offer significant enhancements and efficiency to the airline's fleet operations,
NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed
Today Air Lease Corporation (NYSE:AL) announced one new Airbus A321-200neo aircraft delivered to Transavia. This aircraft is the first of seven new Airbus A321s confirmed to deliver to Transavia on long-term lease from ALC's order book with Airbus and the first A321-200neo to join the Dutch carrier's fleet. "ALC is pleased to announce the first of seven A321-200neo aircraft delivered today to our longtime customer, Transavia," said Grant Levy, Executive Vice President of Air Lease Corporation. "With these new ALC A321neos, Transavia will continue to excel by offering excellent and efficient service at affordable fares to its customers. We are honored to introduce the A321-200neo to Transa
DUBAI AIR SHOW – Today Air Lease Corporation (NYSE:AL) announced long-term lease contracts for 18 new Boeing 737-8 aircraft with EGYPTAIR. These new Boeing aircraft are confirmed to deliver to the airline beginning in 2025 through 2026 from ALC's order book with Boeing. This is the first deal between ALC and the Egyptian flag carrier and the first 737-8 addition to the EGYPTAIR fleet. "We are pleased to announce this deal for 18 new Boeing 737-8 aircraft with ALC's new customer, EGYPTAIR, and be the first to lease the 737-8 to the airline," said Steven F. Udvar-Hazy, Executive Chairman of Air Lease Corporation. "As a leading carrier in North Africa, EGYPTAIR will continue to excel in the
Diligent Corporation, the global leader in SaaS governance, risk and compliance today announced the appointment of Yvette Hollingsworth Clark as its newest independent board member. Hollingsworth Clark brings extensive risk management and compliance experience and insights from her leadership roles across the financial services industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210708005160/en/Yvette Hollingsworth Clark (Photo: Business Wire) Hollingsworth Clark began her career with the Federal Reserve System before transitioning to corporate leadership roles with Citigroup, Barclays and most recently Wells Fargo, where sh
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
Air Lease (NYSE:AL) announces financial results for the three months ended March 31, 2025. "AL had a strong quarter with fleet expansion, healthy sales gains, significant insurance settlements related to our aircraft in Russia, and achieving our target debt to equity ratio which now allows us to consider all capital allocation opportunities. To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft. We continue to benefit from robust global aircraft demand in both leasing and aircraft trading as significant aircraft supply constraints persist," said John L. Plueger, Chief Executive Officer and President. First Quarter 2025 Results
Air Lease (NYSE:AL) will host a conference call on May 5, 2025 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2025. Investors can participate in the conference call by dialing 1 (800) 715-9871 domestic or 1 (646) 307-1963 international. The passcode for the call is 4869598. The conference call will also be broadcast live through a link on the Investors page of the Air Lease website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease website. For your convenience,
Air Lease Corporation (ALC) (NYSE:AL) announces financial results for the three months and year ended December 31, 2024. "ALC generated record revenues in 2024, driven by our $5 billion in aircraft purchases from our orderbook, and $1.7 billion in aircraft sales. Looking forward, we expect lease rates and aircraft valuations to rise, supporting the value of our business. We remain optimistic about the ongoing benefits of these trends, given aircraft shortages are anticipated to persist for several years to come," said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Házy, Executive Chairman of the Board. Fourth Quarter and Fiscal Year 2024 Results The follow
Air Lease Corporation (NYSE:AL) will host a conference call on February 13, 2025 at 4:30 PM Eastern Time to discuss the Company's financial results for the fourth quarter and year end 2024. Investors can participate in the conference call by dialing 1 (800) 715-9871 domestic or 1 (646) 307-1963 international. The passcode for the call is 7572001. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the
Air Lease Corporation (ALC) (NYSE:AL) announces financial results for the three and nine months ended September 30, 2024. "Demand for commercial aircraft remains high, and we are continuing to place aircraft at rising lease rates, while also harvesting solid gains on sales from our existing fleet – underscoring the deep value embedded in our young $28 billion fleet and $18 billion forward orderbook," said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Házy, Executive Chairman of the Board. Third Quarter 2024 Results The following table summarizes our operating results for the three and nine months ended September 30, 2024 and 2023 (in millions, except per sha
Air Lease Corporation (NYSE:AL) will host a conference call on November 7, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the third quarter of 2024. Investors can participate in the conference call by dialing 1 (888) 660-6652 domestic or 1 (646) 960-0554 international. The passcode for the call is 5952437. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease Cor
Air Lease Corporation (ALC) (NYSE:AL) announces financial results for the three and six months ended June 30, 2024. "We continue to feel the effects of ongoing delays from the aircraft and engine manufacturers. We remain confident and optimistic about the value of our fleet, as seen through our aircraft sales initiatives. There is significant value in our orderbook based on our view of long-term aircraft demand and fundamental passenger traffic trends," said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Házy, Executive Chairman of the Board. Second Quarter 2024 Results The following table summarizes our operating results for the three and six months ended
Air Lease Corporation (NYSE:AL) will host a conference call on August 1, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the second quarter of 2024. Investors can participate in the conference call by dialing 1 (888) 596-4144 domestic or 1 (646) 968-2525 international. The passcode for the call is 5952437. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease Co
Air Lease Corporation (ALC) (NYSE:AL) announces financial results for the three months ended March 31, 2024. "With aircraft in short supply and values rising, we benefit from continued fleet expansion and sales activity in an industry backdrop that remains positive. We see this environment continuing for the near to medium term future," said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Házy, Executive Chairman of the Board. First Quarter 2024 Results The following table summarizes our operating results for the three months ended March 31, 2024 and 2023 (in millions, except per share amounts and percentages): Operating Results Three Months E
Air Lease Corporation (NYSE:AL) will host a conference call on May 6, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2024. Investors can participate in the conference call by dialing 1 (888) 660-6652 domestic or 1 (646) 960-0554 international. The passcode for the call is 5952437. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease Corpor