AL - Air Lease Corporation
40.95 +0.07 (0.17%)
Pre-Market: 7:25AM EDT
| Previous Close | 42.10 |
| Open | 41.79 |
| Bid | 41.04 x 900 |
| Ask | 0.00 x 800 |
| Day's Range | 40.91 - 41.91 |
| 52 Week Range | 28.13 - 47.34 |
| Volume | 817,212 |
| Avg. Volume | 850,996 |
| Market Cap | 4.543B |
| Beta (3Y Monthly) | 2.04 |
| PE Ratio (TTM) | 8.46 |
| EPS (TTM) | 4.83 |
| Earnings Date | Aug 8, 2019 |
| Forward Dividend & Yield | 0.52 (1.27%) |
| Ex-Dividend Date | 2019-06-04 |
| 1y Target Est | 51.92 |
- Motley Fool•9 hours ago
Could the Leasing Industry Survive Another Recession?
The economic expansion is getting long in the tooth, which should worry anyone investing in the leasing industry.
- Business Wire•yesterday
Air Lease Corporation Announces Lease Placement of Two New Airbus A320-200neo Aircraft with Vietnam Airlines
“ALC”) announced long-term lease agreements with Vietnam Airlines for two new Airbus A320-200neo aircraft. The two new A320-200neos are scheduled to be deliverd to the airline in fall 2020 from ALC’s order book with Airbus. “We are pleased to announce another important transaction with our long-time loyal customer, Vietnam Airlines, for two A320-200neo aircraft,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.
- Business Wire•3 days ago
Air Lease Corporation Announces Delivery of New Airbus A320-200neo Aircraft to Atlantic Airways
Today Air Lease Corporation (AL) (“ALC”) announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Atlantic Airways, the national airline of the Faroe Islands. Powered by CFM International LEAP-1A26 engines, this aircraft is the first of two A320-200neos confirmed to deliver to the airline from ALC’s order book with Airbus. The second A320-200neo is scheduled to deliver to Atlantic Airways in Spring 2020.
- Simply Wall St.•6 days ago
Can You Imagine How Air Lease's (NYSE:AL) Shareholders Feel About The 43% Share Price Increase?
Thanks in no small measure to Vanguard founder Jack Bogle, it's easy buy a low cost index fund, which should provide...
- Barrons.com•6 days ago
Boeing 737 MAX Values Are Dropping. Here’s What That Could Mean.
Industry data provider FlightGlobal dropped its estimated value of 737 MAX jets, creating another headwind for Boeing.
- Business Wire•7 days ago
Air Lease Corporation Announces Lease of Two Airbus A321-200s to Air Canada
Today Air Lease Corporation announced the lease and delivery of two Airbus A321-200 aircraft to Air Canada.
- Business Wire•8 days ago
Air Lease Corporation Activity Update for the Second Quarter of 2019
Today Air Lease Corporation announced an update on activity taking place in the second quarter of 2019:
- MoneyShow•8 days ago
Air Lease AL- 2019 Top Picks' Mid-Year Update
Doug Gerlach, editor of Investor Advisory Service, selected Air Lease (AL) as his favorite investment idea for 2019. The stock has since risen 37%. Here's his latest update on the airline leasing firm.
- Business Wire•17 days ago
Air Lease Corporation Announces Second Quarter 2019 Earnings Conference Call
Air Lease Corporation (NYSE: AL) will host a conference call on August 8, 2019 at 4:30 PM Eastern Time to discuss the Company's financial results for the second 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.
- Simply Wall St.•24 days ago
Is Now The Time To Look At Buying Air Lease Corporation (NYSE:AL)?
Air Lease Corporation (NYSE:AL), which is in the trade distributors business, and is based in United States, received...
- Investor's Business Daily•24 days ago
Dow Jones Futures: 5 IBD 50 Stocks In Buy Range As Stock Market Awaits China Trade News
Stock futures: The stock market is looking ahead to Trump-Xi China trade talks. But IBD 50 stocks Lululemon Athletica, ServiceNow, Baozun and New Oriental Education are in buy range.
- Zacks•27 days ago
JetBlue Eyes New Long-Range Airbus Jets at Paris Air Show
JetBlue (JBLU) aims to add the newly-launched Airbus A321XLR jets to its fleet.
- Zacks•28 days ago
American Airlines (AAL) Inks Deal to Buy 50 Jets From Airbus
American Airlines (AAL) intends to replace aging planes in its fleet like Boeing 757s with Airbus A321XLR jets.
- Investor's Business Daily•29 days ago
IBD 50 Stocks To Watch: A Quiet Player At The Paris Air Show
Air Lease announced three deals so far at this week's Paris Air Show, just as its stock attempts to climb past a flat base buy point.
- Reuters•29 days ago
Factbox: Airbus and Boeing aircraft deals at Paris Airshow
- American City Business Journals•29 days ago
Boeing lines up 787 Dreamliner deals at Paris Air Show
An Asian airline has committed to potential deals involving 30 787 Dreamliners and an aircraft leasing giant commits to five more.
- Bloomberg•last month
Boeing Gets a Big Win, But at What Cost?
(Bloomberg Opinion) -- Boeing Co. just got a big vote of confidence, but it still has much to prove.The commercial-jet maker on Tuesday announced a surprise order for its 737 Max jet – the first since the top-selling aircraft was involved in two fatal crashes that prompted regulators around the globe to ground it and sparked a full-blown crisis for the company. British Airways owner IAG SA signed a letter of intent for 200 of the planes at the Paris Air Show, with IAG CEO Willie Walsh saying he “would get on board a Max tomorrow.”It was Boeing’s most significant win of the event and helps the aerospace giant close the gap in its annual order showdown with arch-rival Airbus SE, which had racked up an impressive lead thanks to interest in the new longer-range version of its largest-single aisle jet. But this air show was always about more than orders for Boeing. Expectations for orders in general were low this year but expectations for Max orders were at zero. IAG’s willingness to back the Max gives Boeing’s reputation the credibility boost it so badly needed. The question is whether Boeing has done enough in terms of improving its transparency, communication and oversight issues to deserve that kind of endorsement.The relative dearth of orders for Boeing jets in the wake of the Max crisis had been the strongest means yet of holding the company accountable. The Max order – as well as orders for the 787 Dreamliner from Air Lease Corp. and Korean Airlines Co., also inked on Tuesday – gets it out of the aviation industry’s version of timeout. That was always inevitable: Boeing and Airbus enjoy a relative duopoly in commercial aviation and airlines would be reluctant to tilt the market-share balance too much in Airbus’s favor. But that doesn’t create much incentive for Boeing to fundamentally change its ways.CEO Dennis Muilenburg has created a special board committee to review Boeing’s operations, and has apologized for not notifying regulators or airlines earlier that a warning light linked to the software system at the heart of the Max’s woes wasn’t functioning properly. While there are no immediate plans to do so, Boeing CFO Greg Smith told Bloomberg News’s Julie Johnsson that the company could be open to changing the name of the plane, based on customer and passenger input. But will real changes actually be made? Will it take another Max crisis for us to find out if they were? It may be that Boeing will pay the pay the price for its missteps one way or another. For all the fixation on the Max and the debate around how long it would take for passengers to feel comfortable flying on the plane, Boeing’s customers have remained resolute in their support for the jet and its underlying value. “All of the operators of the Max, I can tell you, everyone likes it,” AerCap Holdings NV CEO Aengus Kelly said in an interview last week. “The fuel burn has been very good. People realize that and are trying to take advantage of the situation.” A win is a win, but what did Boeing have to give up to secure this kind of support from IAG? The deal is valued at $24 billion before accounting for customary discounts. The carrier is well-respected and isn’t usually the type to shop based on price. Its CEO is a former 737 pilot. In some ways, that makes this deal mean even more. But speculation about whether this was a sweetheart deal is likely to swirl.Boeing can now leave the Air Show with its head held a little higher, but its reputation won’t be rebuilt overnight.To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Markit•last month
See what the IHS Markit Score report has to say about Air Lease Corp.
Air Lease Corp NYSE:ALView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderate for AL with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AL are favorable, with net inflows of $2.41 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- MarketWatch•last month
Boeing's stock climbs, after commitments for Dreamliners announced
Shares of Boeing Co. rose 1.1% in premarket trading Tuesday, after the aerospace and defense giant announced a commitment from aircraft leasing company Air Lease Corp. to buy five 787-9 Dreamliners valued at $1.5 billion. "We are thrilled that ALC has decided to add more 787 Dreamliners to its elite portfolio of airplanes that they place with customers across the globe," said Ihssane Mounir, senior vice president of commercial sales and marketing at Boeing. This follows an announcement at the Paris Air Show earlier Tuesday from Boeing, Korean Air and Air Lease (ALC) that Korean Air has committed to buying 10 new 787-10s and 10 additional 787-9 airplanes valued at $6.3 billion, and will lease 10 787-10s from ALC. Boeing's stock has gained 10.1% year to date through Monday and Air Lease shares have rallied 28.0%, while the Dow Jones Industrial Average has advanced 11.9%.
- PR Newswire•last month
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 Wire•last month
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 Newswire•last month
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 Wire•last month
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.
- Reuters•last month
Air Lease signs long-term lease placements for four Airbus jets
- Business Wire•last month
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.
