Air Lease Corporation (AL)
Market Cap | 5.44B |
Revenue (ttm) | 2.73B |
Net Income (ttm) | 372.07M |
Shares Out | 111.38M |
EPS (ttm) | 3.33 |
PE Ratio | 14.68 |
Forward PE | 12.70 |
Dividend | $0.88 (1.80%) |
Ex-Dividend Date | Mar 18, 2025 |
Volume | 469,611 |
Open | 49.39 |
Previous Close | 49.50 |
Day's Range | 48.66 - 49.78 |
52-Week Range | 39.43 - 52.31 |
Beta | 1.62 |
Analysts | Buy |
Price Target | 56.40 (+15.37%) |
Earnings Date | May 5, 2025 |
About AL
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines in the Asia Pacific, Europe, the Middle east, Africa, Mexico, Central America, South America, the United States, and Canada. It sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. The company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2024, it owned a fleet of 489 aircraf... [Read more]
Financial Performance
In 2024, Air Lease's revenue was $2.73 billion, an increase of 1.81% compared to the previous year's $2.68 billion. Earnings were $372.07 million, a decrease of -35.06%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AL stock is "Buy." The 12-month stock price forecast is $56.4, which is an increase of 15.37% from the latest price.
News

Air Lease gets $329 million in insurance payout for jets stranded in Russia
Aircraft lessor Air Lease Corp said on Monday it has received $328.5 million in cash, as part of certain insurance settlements related to its aircraft which were blocked from leaving Russia after the ...

Air Lease Names Grant Newman as Treasurer
LOS ANGELES--(BUSINESS WIRE)--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, s...

Air Lease Introduces New Logo and Website, Celebrating 15 Years
LOS ANGELES--(BUSINESS WIRE)--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 ...

Steven Udvar-Házy to Retire from Air Lease Corporation
LOS ANGELES--(BUSINESS WIRE)--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 20...

Air Lease Corporation to Speak at J.P. Morgan Industrials Conference
LOS ANGELES--(BUSINESS WIRE)--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. Wil...

Air Lease Corporation: Upside Despite Interest Headwinds
Air Lease Corporation: Upside Despite Interest Headwinds

Air Lease Corporation Announces Lease Placement of Five New Airbus A321neo LR/XLR Aircraft with Qanot Sharq (Uzbekistan)
LOS ANGELES--(BUSINESS WIRE)--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 XL...

Air Lease Corporation (AL) Q4 2024 Earnings Call Transcript
Air Lease Corporation (NYSE:AL) Q4 2024 Earnings Conference Call February 13, 2024 4:30 PM ET Company Participants Jason Arnold - Head, IR Steven Hazy - Executive Chairman John Plueger - CEO and Pres...

Air Lease Corp reports lower revenue as jet delivery delays bite
Air Lease Corp on Thursday reported lower quarterly revenue as lessors wrestle with delays in taking deliveries of commercial jets from planemakers Boeing and Airbus despite strong travel demand.

Air Lease Corporation Announces Fourth Quarter and Fiscal Year 2024 Results
LOS ANGELES--(BUSINESS WIRE)--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 b...

KBRA Assigns Short-Term Rating to Air Lease Corporation's Unsecured Commercial Paper Program
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--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 Lea...

Air Lease Corporation Announces $2.0 Billion Commercial Paper Program
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced today the establishment of its commercial paper program (the “Program”). Under the terms of the program, the Co...

Top lessor Air Lease says some aircraft manufacturer delays getting worse
Delays in deliveries from major aircraft manufacturers are in some cases getting worse, and estimates of delay time can not be trusted, Steven Udvar-Hazy, the executive chairman of Air Lease Corp said...

Air Lease Corporation Activity Update for the Fourth Quarter of 2024
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the fourth quarter of 2024. A...

Air Lease Corporation Announces Fourth Quarter and Year End 2024 Earnings Conference Call
LOS ANGELES--(BUSINESS WIRE)--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 quarte...

Air Lease Corporation Announces Closing of $966.5 Million Unsecured Term Loan Facility
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today the closing of a new $966.5 million unsecured term loan facility that matures in December 2027. The proceeds of the loan ...

17 Upcoming Dividend Increases, Including A King
With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buyin...

Air Lease Corporation: Aircraft Values Are Firmly Supported And So Is Upside For The Stock
Air Lease Corporation's stock has risen 30% since August, driven by a 4.7% revenue increase and higher aircraft sales despite higher operating expenses. Net spread remains pressured due to the inabili...

Air Lease Corporation (AL) Q3 2024 Earnings Conference Call Transcript
Air Lease Corporation (AL) Q3 2024 Earnings Conference Call Transcript

Air Lease Corporation Announces Third Quarter 2024 Results
LOS ANGELES--(BUSINESS WIRE)--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, a...

Air Lease Corporation Activity Update for the Third Quarter of 2024
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the third quarter of 2024. As...

Air Lease Corporation Announces Third Quarter 2024 Earnings Conference Call
LOS ANGELES--(BUSINESS WIRE)--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 ...

Air Lease Corporation Announces Delivery of First of Six New Airbus A220-300 Aircraft to TAAG Angola Airlines
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A220-300 to TAAG Angola Airlines, the national carrier of Angola. This is the first A220 aircraf...

Air Lease Corporation Announces Pricing of $300 Million Offering of Preferred Stock
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing today of its public offering of 300,000 shares (the “Shares”) of 6.00% Fixed-Rate Reset Non-Cumulat...