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AL News and Press, Air Lease Corporation Class A From 08/23/23

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Company Name: Air Lease Corporation Class A
Stock Symbol: AL
Market: NYSE
Website: airleasecorp.com

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AL - ALX Resources Corp. Resumes Lithium Exploration in James Bay Region, Quebec

Vancouver, British Columbia--(Newsfile Corp. - August 23, 2023) - ALX Resources Corp.  (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce an update on its lithium exploration activities at the Hydra Lithium Project ("Hydra") located in the Eeyou Istche...

AL - Air Lease announces $300M deal for five Boeing 737 aircraft with Royal Air Maroc

2023-08-16 07:08:02 ET Air Lease Corporation ( NYSE: AL ) on Wednesday announced long-term lease contracts for five Boeing 737 aircraft with Royal Air Maroc ( RAM ), including four new Boeing 737-8s and one Boeing 737-800. The new aircraft are scheduled to deliver to the M...

AL - Air Lease Corporation Announces $300 Million Deal for Five Boeing 737 Aircraft with Royal Air Maroc

Today Air Lease Corporation (NYSE: AL) announced long-term lease contracts for five Boeing 737 aircraft with Royal Air Maroc (RAM), including four new Boeing 737-8s and one Boeing 737-800. The new aircraft are scheduled to deliver to the Moroccan flag carrier in 2024 from ALC’s order book ...

AL - Airbus Underperforms, Growth Prospect Remains Bright

2023-08-14 14:50:46 ET Summary Airbus SE stock faced pressures from lower margins and issues with the Pratt & Whitney geared turbofan. Airbus booked 60 gross orders in July, with a net value of $4.1 billion, and delivered 65 jets, showing improvement in delivery numbers. A...

AL - Air Lease Corporation Is Superficially Cheap

2023-08-13 22:51:28 ET Summary Air Lease Corporation stock may appear cheap, but its high debt burden and negative free cash flow are concerning. The company's operating results have remained stagnant over the past 5 years, and there may not be much upside potential. Investors...

AL - Macro Tailwinds Are Key To Air Lease Corporation's Sustained Growth

2023-08-09 06:21:31 ET Summary Air Lease Corporation achieves Q2 revenues of $672.90mn, beating expectations. The company's lean operational strategy and net operating leases contribute to increased operational flexibility. Air Lease is undervalued and has superior growth pros...

AL - Air Lease: Shares Underperforming Lately, Earnings Growth Questionable, Macro Risks

2023-08-08 17:42:04 ET Summary Air Lease Corporation has performed well in the Industrials sector, but has lagged behind the broader market in the past six months. AL is one of the fastest-growing aircraft lessors, with a growing fleet and solid order book. The stock has a dec...

AL - Allegro MicroSystems to acquire Crocus Technology for $420M in cash

2023-08-08 06:27:02 ET Allegro MicroSystems ( ALGM ) on Tuesday said it would acquire privately-held Crocus Technology for $420 million in cash. The planned acquisition of Crocus will be funded with a combination of cash on hand and a new debt issuance. The deal is expected to...

AL - Air Lease Corporation (AL) Q2 2023 Earnings Call Transcript

2023-08-03 20:46:06 ET Air Lease Corporation (AL) Q2 2023 Earnings Conference Call August 03, 2023, 04:30 PM ET Company Participants Jason Arnold - Head of Investor Relations John Plueger - President and Chief Executive Officer Steven Hazy - Executive Chairman ...

AL - Air Lease Non-GAAP EPS of $1.58, revenue of $672.9M

2023-08-03 16:17:15 ET Air Lease press release ( NYSE: AL ): Q2 Non-GAAP EPS of $1.58. Revenue of $672.9M (+20.7% Y/Y). Took delivery of 19 aircraft from our orderbook, representing approximately $1.5 billion in aircraft investments, ending the period with approximatel...

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