Air Lease Corporation Announces the Placement of One Airbus A320 with VivaColombia
Aug 18 14
Air Lease Corporation announced the placement of one Airbus A320 aircraft at VivaColombia on long term lease, scheduled for delivery in spring 2015.
Air Lease Corporation Announces the Placement of Two New Boeing 777-300ERs with KLM
Aug 13 14
Air Lease Corporation announced long term lease agreements with KLM (The Netherlands) for two additional new Boeing 777-300ER aircraft, scheduled for delivery in the second half of 2016 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016, all from ALC's order book.
Air Lease Corporation Declares Quarterly Cash Dividend; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
Aug 7 14
Air Lease Corporation declared quarterly cash dividend of $0.03 per share on outstanding common stock.
The company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, total revenues were $256,325,000 against $207,872,000 a year ago. Income before taxes was $95,680,000 against $66,311,000 a year ago. Net income was $62,037,000 or $0.58 per diluted Class A and Class B share against $42,990,000 or $0.41 per basic and diluted Class A and Class B share a year ago.
For the six months, total revenues were $502,610,000 against $399,869,000 a year ago. Income before taxes was $190,389,000 against $127,983,000 a year ago. Net income was $123,434,000 or $1.15 per diluted Class A and Class B share against $82,986,000 or $0.79 per diluted share Class A and Class B a year ago. Net cash provided by operating activities was $377,466,000 against $307,880,000 a year ago. Acquisition of flight equipment under operating lease was $728,702,000 against $705,774,000 a year ago. Acquisition of furnishings, equipment and other assets was $107,795,000 against $52,796,000 a year ago.
Air Lease Corporation Presents at 7th Annual Global Transportation & Aerospace/Defense Conference, Sep-04-2014 01:10 PM
Jul 29 14
Air Lease Corporation Presents at 7th Annual Global Transportation & Aerospace/Defense Conference, Sep-04-2014 01:10 PM. Venue: The Boston Harbor Hotel, Boston, Massachusetts, United States.
Air Lease Corporation Signs for 25 A330neo and 60 A321neo
Jul 17 14
Air Lease Corporation has announced a Memorandum of Understanding for 25 A330-900neo aircraft, becoming the first launch customer for the new Airbus Widebody. ALC simultaneously announced a firm order for 60 A321neo aircraft. The contract was signed at the Farnborough International Airshow by Steven F. Udvar-HÃ¡zy, Air Lease Corporation s Chairman and Chief Executive Officer and Fabrice BrÃ©gier, Airbus President and CEO.