tiprankstipranks
Company Announcements

Air Lease Reports Record Revenue and Fleet Value

Story Highlights
  • Air Lease Corporation reported record 2024 revenue and fleet value, driven by expansion.
  • The company anticipates strong 2025 performance with high lease rates and reduced debt needs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Air Lease Reports Record Revenue and Fleet Value

Discover the Best Stocks and Maximize Your Portfolio:

An announcement from Air Lease ( (AL) ) is now available.

On February 13, 2025, Air Lease Corporation held a conference call to discuss its financial results for Q4 2024 and the full year. The company reported record revenue and fleet net book value for 2024, driven by fleet expansion and aircraft sales. Despite challenges in aircraft delivery and manufacturing, Air Lease expects to maintain strong performance in 2025, with robust lease rates and reduced debt funding needs due to self-funding capabilities. The company also highlighted the growing demand for widebody aircraft and the successful reduction of its exposure to the Chinese market.

More about Air Lease

Air Lease Corporation operates in the aircraft leasing industry, focusing on providing efficient and flexible leasing solutions to airlines worldwide. The company deals primarily in leasing commercial aircraft, with a strong emphasis on maintaining a young and diverse fleet to meet the needs of its airline customers.

YTD Price Performance: -3.36%

Average Trading Volume: 612,392

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.16B

For a thorough assessment of AL stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1