ALC and Avolon report year end numbers
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Air Lease reports Q3 results amid positive outlook
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…
Delays spur sales of used aircraft for Air Lease Corporation
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…
Why new-generation engines are a concern and blessing for ALC
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Norwegian and ALC both benefit from MAX 8 lease contract
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…
ALC expects booming market for widebody aircraft
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