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United States

Air Lease Corp (AL)

AL on New York Consolidated

45.80USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Boeing, Air Lease Announce MOU for 12 737 MAXs
Wednesday, 21 Jun 2017 04:00am EDT 

June 21 (Reuters) - Air Lease Corp : :Boeing, Air Lease Corporation announce memorandum of understanding for 12 737 MAXs.Says MOU includes five 737 MAX 7s and seven 737 MAX 8s..  Full Article

Air Lease Corp announces pricing of public offering of $600 mln of 2.625 pct unsecured senior notes due 2022
Tuesday, 6 Jun 2017 06:31am EDT 

June 6 (Reuters) - Air Lease Corp ::Air Lease Corporation announces pricing of public offering of $600 million of 2.625% unsecured senior notes due 2022.Air Lease Corp says notes will mature on July 1, 2022 and will bear interest at a rate of 2.625% per annum.Notes were offered to public at a price of 99.553% of their face amount.  Full Article

Air Lease Corp announces the lease placement of eight new Boeing 737 max 9 aircraft with Primera Air Nordic
Thursday, 11 May 2017 06:31am EDT 

May 11 (Reuters) - Air Lease Corp : :Air Lease Corporation announces the lease placement of eight new boeing 737 max 9 aircraft with Primera Air Nordic.Air Lease Corp - aircraft are scheduled to deliver from ALC's order book with Boeing beginning May 2019 and continuing through May 2020.  Full Article

Air Lease Corp diluted earnings per share $0.78
Thursday, 4 May 2017 04:01pm EDT 

May 4 (Reuters) - Air Lease Corp :Air Lease Corporation announces first quarter 2017 results.Air Lease Corp qtrly diluted earnings per share $0.78.Air Lease Corp qtrly adjusted diluted earnings per share before income taxes $1.33.Air Lease Corp qtrly revenues $360.2 million, up 4.9 percent.Q1 earnings per share view $0.85, revenue view $369.8 million -- Thomson Reuters I/B/E/S.Air Lease Corp - "continue to see demand from buyers of our used Boeing and Airbus aircraft".Air Lease Corp - "we view slowing of new aircraft orders as healthy for industry in face of record backlogs and ongoing strain in global supply chain".  Full Article

Air Lease announces lease placement of new Boeing 787-9 dreamliner
Wednesday, 19 Apr 2017 06:31am EDT 

April 19 (Reuters) - Air Lease Corp ::Air Lease Corporation announces lease placement of new Boeing 787-9 dreamliner with lot Polish airlines.Air Lease Corp - aircraft is from ALC's order book with boeing and will deliver in Q2 of 2018..  Full Article

Air Lease Corp announces lease placement with Miat Mongolian Airlines
Tuesday, 18 Apr 2017 06:32am EDT 

April 18 (Reuters) - Air Lease Corp :Air lease Corporation announces the lease placement of two new Boeing 737 Max 8 aircraft with Miat Mongolian Airlines.Air Lease Corp - aircraft are scheduled to deliver from ALC's order book with Boeing in late 2019 and early 2020.  Full Article

Pegasus Airlines to sell 7 Boeing 737-800NG aircrafts to Air Lease Corp for $178.7 mln
Monday, 20 Mar 2017 03:01am EDT 

Pegasus Airlines : To sell 7 Boeing 737-800NG aircrafts to Air Lease Corporation for $178.7 million (644.4 million lira based on the Turkish Central Bank USD exchange rate dated March 17, 2017) . Foresees to deliver all aircrafts until October 31 . One of the main goals of the sale of aircraft is to accelerate the change in aircraft portfolio for the optimization of fuel consumption underpinned by the Company's Airbus Order dated 2012 . In this respect, the Company is acting to accelerate the planned deliveries under the Airbus Order . All of the aircraft being sold have been financed through financial lease and the sale proceeds will be partially used to pay off the outstanding financial lease obligations for the aircraft .The surplus will be used to finance the Company's ongoing investments and operational cash requirements.  Full Article

Air Lease Corp reports lease placement of 7 new airbus A321neo LR aircraft with AER lingus
Monday, 6 Mar 2017 09:00am EST 

Air Lease Corp : Air Lease Corporation announces lease placement of seven new airbus A321NEO lr aircraft with AER Lingus .Delivery of aircraft is scheduled to begin in Q2 of 2019, with three deliveries in 2019 and four deliveries in 2020.  Full Article

Air Lease Corp announces pricing of public offering of senior notes due 2027
Thursday, 2 Mar 2017 06:32am EST 

Air Lease Corp : Air Lease Corporation announces pricing of public offering of $500 million of 3.625% unsecured senior notes due 2027 . Air Lease Corp - pricing on March 1, 2017 of its public offering of $500 million aggregate principal amount of 3.625% unsecured senior notes due 2027 . Air Lease Corp - notes were offered to public at a price of 98.241% of their face amount .Air Lease Corp says notes will mature on april 1, 2027 and will bear interest at a rate of 3.625% per annum.  Full Article

Air Lease Corp Q4 adjusted earnings per share before income taxes of $1.48
Thursday, 23 Feb 2017 04:01pm EST 

Air Lease Corp : Air Lease Corporation announces fiscal year and fourth quarter 2016 results . Says revenue was $370.5 million for Q4 of 2016, an increase of 13.4% . Says diluted earnings per share $0.89 for Q4 of 2016 .Says adjusted diluted earnings per share before income taxes of $1.48 per share for Q4 of 2016.  Full Article

BRIEF-Air Lease Corp prices public offering of unsecured senior notes due 2023 and 2027

* Air Lease Corporation announces pricing of public offering of $600 million of 2.750% unsecured senior notes due 2023 and $500 million of 3.625% unsecured senior notes due 2027