Air Lease Corporation (AL)
US — Industrials Sector
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Air Lease to Report Q4 Earnings: What's in Store for the Stock?
AL
Published: February 11, 2025 by: Zacks Investment Research
Sentiment: Negative
Published: February 11, 2025 by: Zacks Investment Research
Sentiment: Negative
AL's fourth-quarter 2024 performance is expected to have been weighed down by higher interest expenses and rising operating expenses.
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About Air Lease Corporation (AL)
- IPO Date 2011-04-19
- Website https://www.airleasecorp.com
- Industry Rental & Leasing Services
- CEO John L. Plueger
- Employees 165
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.