PR: Air Lease (NYSE: AL) (“Air Lease”) announced today that it has entered into a definitive agreement to be acquired by a new holding company based in Dublin, Ireland, whose shares are held by Sumitomo Corporation, SMBC Aviation Capital Limited,…
Air Lease reported 4Q23 EPS of $1.89, +68% above the consensus of $1.12. “Fourth quarter and full-year performance at ALC was very strong. With the exception of the benefit of tax reform in 2017, we achieved record revenues and profits…
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Air Lease Corporation reported its 3rd quarter 2023 results this morning. The results were positive, with Q3 revenues increasing year-over-year by 17.5% to $659.4 million. Net Q3 profit of $1.10 per share is up 22.2% over the same period in…
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Air Lease Corporation (ALC) experienced a quarter of “strong growth and meaningful aircraft sales”, which helped drive a $164 million net income. While the US lessor is confronted with continued delivery delays, the upside is strong demand for used aircraft…