AL - Air Lease Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
39.63
+0.96 (+2.48%)
As of 1:52PM EDT. Market open.
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Previous Close38.67
Open39.03
Bid39.65 x 800
Ask39.65 x 1100
Day's Range38.70 - 39.90
52 Week Range28.13 - 47.34
Volume377,444
Avg. Volume935,728
Market Cap4.404B
Beta (3Y Monthly)2.08
PE Ratio (TTM)8.20
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.52 (1.44%)
Ex-Dividend Date2019-06-04
1y Target EstN/A
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All
News
Press Releases
  • PR Newswire7 hours ago

    Boeing, Air Lease Corporation Announce Commitment for Five 787-9 Dreamliners

    ALC adds five more 787-9s to its fleet of 56 Dreamliners The 787 is the fastest-selling widebody jet in history with more than 1,400 total orders from over 80 customers LE BOURGET , Paris , June 18, 2019 ...

  • Business Wire8 hours ago

    Air Lease Corporation Announces Lease Placement of Ten New Boeing 787-10 Aircraft with Korean Air

    “ALC”) announced the long-term lease placement with Korean Air for ten new Boeing 787-10 aircraft. Scheduled to deliver to the airline starting in 2021 through 2023 from ALC’s order book with Boeing, these ten 787-10s from ALC are the first -10 Dreamliner aircraft to be placed in Korean Air’s fleet. “As a launch customer for the 787-10, ALC is thrilled to announce this major lease placement introducing the 787-10 to Korean Air’s fleet, a project we have worked on with Korean and Boeing for a long time.

  • PR Newswire8 hours ago

    Korean Air Announces Intent to Acquire 30 787 Dreamliners

    "ALC"] today announced at the Paris Air Show the airline plans to add 30 new 787 Dreamliner airplanes to its fleet, with a commitment to purchase 10 new 787-10s and 10 additional 787-9 airplanes valued at $6.3 billion at current list prices. As part of this agreement, Korean Air will also lease 10 787-10s from ALC. The airline, one of the largest transpacific carriers in Asia with 16 non-stop routes to North America, will introduce the larger 787-10 to complement its long-haul fleet of 787-9 and 777 airplanes.

  • Business Wire11 hours ago

    Air Lease Corporation Announces Lease Placement of Six New Airbus A330-900neos with Virgin Atlantic Airways

    “ALC”) announced long-term lease placements for six new Airbus A330-900neo aircraft with Virgin Atlantic Airways. The six new A330-900neos are scheduled to deliver to the airline starting in 2021 through 2022 from ALC’s order book with Airbus. “ALC is pleased to confirm another historic and important transaction with Virgin Atlantic Airways for six new A330-900neos to update and modernize the airline’s long-haul widebody fleet,” said Marc Baer, Executive Vice President of Air Lease Corporation.

  • Business Wire12 hours ago

    Air Lease Corporation Announces Lease Placement of Three New Airbus A321-200neo Aircraft with Sky Airline

    “ALC”) announced long-term lease placements with Sky Airline (Chile) for three new Airbus A321-200neo aircraft. Scheduled to deliver to Sky starting in 2020 through 2021, the three new A321-200neos will deliver from ALC’s order book with Airbus and join three A320-200neos currently on lease to the airline from the Lessor. “Sky Airline is a key ALC customer in the Latin American market and we are pleased to be the first to place the A321-200neo in the airline’s growing narrowbody fleet,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.

  • Business Wire12 hours ago

    Air Lease Corporation Announces Lease Placement of Two New Airbus A320neo and Two New A321neo LR Aircraft with Peach

    “ALC”) announced today long-term lease placements for two new Airbus A320neo and two new Airbus A321neo LR aircraft with Peach Aviation Limited (Japan). The four new Airbus aircraft are scheduled to deliver to Peach starting in 2020 through 2022 from ALC’s order book with Airbus. “ALC is thrilled to confirm this significant lease placement with Peach for four new Airbus aircraft and contribute to the airline’s growing all-Airbus A320 fleet,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.

  • Business Wireyesterday

    Air Lease Corporation Announces Lease Placement of Three New Airbus A350-900 and One New Airbus A350-1000 Aircraft with Air Caraïbes and FrenchBee

    “ALC”) announced long-term lease agreements with Air Caraïbes and FrenchBee, part of Groupe Dubreuil Aéro, for three new Airbus A350-900 and one new Airbus A350-1000 aircraft, on lease from ALC’s order book with Airbus. The three A350-900s are scheduled to deliver to Air Caraïbes starting in 2019 through 2020, the first of which delivered to the airline on June 12, 2019 on lease to FrenchBee. “ALC is pleased to announce these four A350 lease placements, as well as celebrate the first A350-900 delivery to Air Caraïbes and FrenchBee,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.

  • Business Wireyesterday

    Air Lease Corporation Announces Lease Placement of Ten Airbus A321-200neo Aircraft with Sichuan Airlines

    Air Lease Corporation announced today long-term lease agreements for ten Airbus A321-200neo aircraft with Sichuan Airlines. Scheduled to deliver from ALC’s order book with Airbus starting in 2021 through 2022, the ten A321-200neos join one A350-900, one A321-200neo, one A320-200neo, four A321-200s, one A330-300 and one A330-200 aircraft currently on lease to the airline from ALC.

  • Business Wireyesterday

    Air Lease Corporation Announces Lease Placement of New Boeing 787-9 Aircraft with LOT Polish Airlines

    “ALC”) announced today a long-term lease agreement for one new Boeing 787-9 aircraft with LOT Polish Airlines. This 787-9 is scheduled to deliver to the airline in Spring 2020 from ALC’s order book with Boeing. “We are pleased to announce this new Boeing 787-9 deal with LOT today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.

  • Business Wireyesterday

    Air Lease Corporation Announces Lease Placement of New Boeing 787-10 Aircraft with KLM

    “ALC”) announced today a long-term lease placement for one new Boeing 787-10 aircraft with KLM Royal Dutch Airlines, scheduled for delivery in Spring 2021. The 787-10 aircraft will deliver from ALC’s order book with Boeing and join four 777-300ERs, one 777-200ER, three 737-800s and two Airbus A330-200s currently on lease to KLM from ALC. “This new Boeing 787-10 placement continues ALC’s long and excellent relationship with KLM, one of our key European airline customers,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.

  • Business Wire28 days ago

    Air Lease Corporation Announces Delivery of New Airbus A350-900 Aircraft to Sichuan Airlines

    “ALC”) announced the delivery of one new Airbus A350-900 aircraft on long-term lease to Sichuan Airlines. The aircraft is from ALC’s order book with Airbus and joins eight Airbus aircraft currently on lease from ALC to Sichuan Airlines for a total of nine aircraft. “Sichuan Airlines is a loyal long-term customer of ALC and we are pleased to be leasing our new A350-900 to the airline,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.

  • Business Wirelast month

    Air Lease Corporation Announces Pricing of Public Offering of $750 Million of Senior Unsecured Medium-Term Notes

    Air Lease Corporation (AL) (the “Company”) announced the pricing on May 16, 2019 of its public offering of $750 million aggregate principal amount of 3.750% senior unsecured medium-term notes due June 1, 2026 (the “Notes”). The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness. BofA Securities, Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and RBC Capital Markets, LLC are acting as joint book-running managers for the offering of the Notes.

  • Business Wirelast month

    Air Lease Corporation to Participate in Upcoming May Conferences

    May 15, 2019: John L. Plueger, Chief Executive Officer and President, will be participating in a fireside chat at the Goldman Sachs Industrials & Materials Conference in New York City on Wednesday, May 15, 2019 at 1:10 p.m. Eastern Time. The fireside chat 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: Goldman Sachs Industrials & Materials Conference Webcast.

  • Business Wirelast month

    Air Lease Corporation Increases Unsecured Revolving Credit Facility to $5.8 Billion

    Air Lease Corporation (AL) (“ALC” or the “Company”) amended and extended its unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent and the lenders named therein (as amended, the “Syndicated Unsecured Revolving Credit Facility”) whereby the Company extended the maturity date of the substantial majority of the revolving commitments from May 5, 2022 to May 5, 2023 and, after giving effect to commitments that matured on May 5, 2019, increased total revolving commitments to approximately $5.8 billion from $4.6 billion, across 50 financial institutions. “We are pleased to announce the extension and upsize of our revolving credit facility which now stands at $5.8 billion, a 27% increase since the beginning of 2019,” said Gregory B. Willis, Executive Vice President and Chief Financial Officer of Air Lease Corporation.

  • Business Wirelast month

    Air Lease Corporation Announces First Quarter 2019 Results

    Air Lease Corporation announces financial results for the three months ended March 31, 2019.

  • Business Wire2 months ago

    Air Lease Corporation Announces Delivery of New Airbus A330-900neo Aircraft with Air Mauritius

    “ALC”) announced today the delivery of one new Airbus A330-900neo aircraft on long-term lease to Air Mauritius. Featuring Rolls-Royce Trent 7000 engines, this Airbus aircraft is the first of two A330-900neos to deliver to the airline from ALC’s order book with Airbus. “ALC is delighted to announce the delivery of this first of two new A330-900neo aircraft with Air Mauritius,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.

  • Business Wire2 months ago

    Air Lease Corporation Announces Delivery of First of Six New Airbus A321-200neo LR Aircraft with Air Arabia

    “ALC”) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Arabia. Featuring CFM International LEAP-1A engines, this aircraft is the first of six A321-200neo LRs scheduled to deliver to Air Arabia through 2020 from ALC’s order book with Airbus. This A321-200neo LR is also ALC’s first Airbus long-range A321neo to deliver to the Lessor.

  • Business Wire2 months ago

    Air Lease Corporation Announces Lease Placement of Three New Boeing 787-9 Aircraft with Air Premia

    “ALC”) announced long-term lease agreements with Air Premia (South Korea) for three new Boeing 787-9 aircraft, all scheduled for delivery in 2020. The three Dreamliner aircraft are scheduled to deliver starting in Summer 2020 through Fall 2020 from ALC’s order book with Boeing. “We are honored and excited to be providing Air Premia the first three new Boeing 787-9 Dreamliners on long-term lease from ALC,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.

  • Business Wire2 months ago

    Air Lease Corporation Activity Update for the First Quarter of 2019

    Today Air Lease Corporation announced an update on activity taking place in the first quarter of 2019:

  • Business Wire2 months ago

    Air Lease Corporation Announces First Quarter 2019 Earnings Conference Call

    Air Lease Corporation (NYSE: AL) (“ALC”) will host a conference call on May 9, 2019 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2019. Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. 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.

  • Business Wire3 months ago

    Air Lease Corporation Announces Delivery of First of Five New Boeing 787-9 Aircraft with China Southern Airlines

    “ALC”) announced the delivery of one new Boeing 787-9 aircraft on long-term lease to China Southern Airlines today. Featuring GEnx-1B76A engines, this aircraft is the first of five 787-9 Dreamliner aircraft scheduled to deliver to China Southern Airlines through 2020 from ALC’s order book with Boeing. “We are pleased to announce the first of five ALC Boeing 787-9s joined China Southern Airlines’ world-class fleet today,” said Jie Chen, Executive Vice President and Managing Director, Asia of Air Lease Corporation.

  • GlobeNewswire3 months ago

    Research Report Identifies Alamos Gold, Thermo Fisher Scientific, Veracyte, Air Lease, Carlisle Companies, and Medidata Solutions with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement

    NEW YORK, March 27, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Business Wire3 months ago

    Air Lease Corporation Announces Delivery of Airbus A320-200neo Aircraft with Air New Zealand

    “ALC”) announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Air New Zealand. Featuring Pratt & Whitney PW1127G engines, this aircraft is the first of two A320-200neos confirmed to deliver the airline in 2019 from ALC’s order book with Airbus. “We are pleased to be the first to introduce the A320-200neo to Air New Zealand’s fleet and continue the long and excellent relationship that ALC has with the airline,” said Grant Levy, Executive Vice President of Air Lease Corporation.

  • Business Wire4 months ago

    Air Lease Corporation to Participate in J.P. Morgan Aviation, Transportation and Industrials Conference

    Air Lease Corporation 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 participating in a fireside chat at the J.P.

  • Business Wire4 months ago

    Air Lease Corporation Announces Pricing of $250 Million Offering of Preferred Stock

    Air Lease Corporation (AL) (the “Company”) announced the pricing today of its public offering of 10,000,000 shares (the “Shares”) of 6.150% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the “Series A Preferred Stock”), with a liquidation preference of $25.00 per share, at a price to the public of $25.00 per share before underwriting commissions and transaction expenses. The Company intends to apply to list the Shares on the New York Stock Exchange under the symbol “AL PRA”. If the application is approved, the Company expects trading of the Shares on the New York Stock Exchange to commence within 30 days after the Shares are first issued.