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AL - Air Lease Non-GAAP EPS of $1.75 revenue of $597.18M
Air Lease Corporation Class A
Air Lease press release (NYSE:AL): Q4 Non-GAAP EPS of $1.75. Revenue of $597.18M (+22.1% Y/Y). Lease utilization rate for the three and twelve months ended December 31, 2021 was 99.8%. Took delivery of 15 aircraft from order book during the fourth quarter, representing $1.2 billion in aircraft investments. "As of December 31, 2021, we had 382 aircraft in our owned fleet, with a net book value of $22.9 billion, a weighted average age of 4.4 years and a weighted average lease term remaining of 7.2 years."