These are two influential lessors who are bellwethers for the industry. The numbers of Air Lease Corporation and Avolon offer a view of the commercial aviation “market makers.” In early 2023, there were still questions about commercial aviation for investors. …
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…
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…
Air Lease Corporation (ALC) has been most vocal and critical of engine makers for failing to produce engines that are reliable. At last week’s JP Morgan Industrials Conference in New York, ALC’s top management repeated that it is hugely disappointed about…
UPDATE – Norwegian has signed a Letter of Intent with Air Lease Corporation (ALC) to lease an additional six Boeing MAX 8s ahead of this summer season. The airline confirms to AirInsight that the aircraft are the six MAX 8s that…
Not just AerCap is optimistic about the prospects of the widebody aircraft market, but so is Air Lease Corporation (ALC). The US lessor is reading a strong recovery of the long-haul market that will be supported by upcoming sales, which…