News & Events:AL

Air Lease brought in sales totaling $596.66 million during Q1 according to data provided by Benzinga Pro. However, earnings decreased 408.99%, resulting in a loss of $468.99 million. Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business.

Global aircraft leasing faces a new shake-up this week after SMBC Aviation Capital's deal to buy smaller rival Goshawk Aviation for $6.7 billion. The move comes as firms report a stronger than expected U.S.-led recovery -- but one increasingly overshadowed by inflation, rising borrowing costs and the effects of the conflict in Ukraine.

* Ryanair cuts FY loss to 355 million euros. * Low cost carrier says caution needed heading into winter. * O'Leary: Boeing (BA) management should step up or ship out. * Concerned competitors talking up the summer too much. By Padraic Halpin and Conor Humphries.

Lessors with hundreds of jets stuck in Russia are preparing for what one said would be a "vigorous" pursuit of insurance claims while maintaining discreet contact with some customers after Moscow blocked the jets from leaving.

Air Lease Corporation (AL) announced today that Gregory B. Willis, Executive Vice President and Chief Financial Officer, will be speaking at the Barclays Americas Select Franchise Conference in London on Wednesday, May 11th at 1:00pm BST. About Air Lease Corporation ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

The head of the world's largest aircraft leasing company threw his weight behind Boeing (BA) on Monday and said the jetmaker would overcome a spate of industrial and certification problems. "I think Boeing (BA) will bounce back.

Boeing Co (BA) was at the centre of a tug of war over the future of its newest jet on Monday as Germany's Lufthansa ordered the 777X Freighter hours after an influential industry leader questioned the delayed programme's viability. The U.S. planemaker last month pushed back first delivery of the world's largest twin-engined jetliner by more than a year to 2025, five years after it was originally due.

Boeing Co (BA) was at the centre of a tug of war over the future of its newest jet on Monday as Germany's Lufthansa ordered the 777X Freighter hours after an influential industry leader questioned the delayed programme's viability. The U.S. planemaker last month pushed back first delivery of the world's largest twin-engined jetliner by more than a year to 2025, five years after it was originally due.

The executive chairman of Air Lease Corp (AL) said on Monday that Boeing's (BA) delayed 777X wide-body jet programme could be at risk due to regulatory problems and delays. The U.S. planemaker said last month it was delaying first delivery of the world's largest twin-engine passenger plane to 2025 following certification and other delays.

Air Lease (AL): * CHAIRMAN UDVAR-HAZY SAYS NEW AIRLINE STARTUPS HAMPERED BY SERIOUS PILOT SHORTAGES IN U.S. * CHAIRMAN UDVAR-HAZY SAYS LOOKED AT BUYING LESSORS, BUT NOT INTERESTED UNLESS ACCRETIVE AND PRICE IS BELOW BOOK VALUE. * CHAIRMAN UDVAR-HAZY SAYS MORE INTERESTED IN ADDING MORE PLANES THAN ORE STAFF.

Air Lease Corp (AL) is pursuing "vigorous" insurance claims over jets stranded in Russia following changes in the law preventing their repossession, Steven Udvar-Hazy, founder and executive chairman of the U.S. lessor, told the Airline Economics conference. It would have been difficult for the leasing industry to prepare for such a "once in a post-World War II event," he said.

Air Lease Corp (AL) is pursuing "vigorous" insurance claims over jets stranded in Russia following changes in the law preventing their repossession, Steven Udvar-Hazy, founder and executive chairman of the U.S. lessor, told the Airline Economics conference. It would have been difficult for the leasing industry to prepare for such a "once in a post-World War II event," he said.

Airlines have been warned that the days of abnormally cheap financing costs are over, pointing to higher lease rates amid changes in the way risk is managed after the war in Ukraine. New money has poured into aviation over the past decade as investors sought refuge from low bond rates in the higher yields available from dollar-denominated hard assets like aircraft.

Airlines have been warned that the days of abnormally cheap financing costs are over, pointing to higher lease rates amid changes in the way risk is managed after the war in Ukraine. New money has poured into aviation over the past decade as investors sought refuge from low bond rates in the higher yields available from dollar-denominated hard assets like aircraft.

Air Lease Corp (AL): * ORATION ANNOUNCES FIRST QUARTER 2022 RESULTS. * Q1 LOSS PER SHARE $4.21. * Q1 ADJUSTED EARNINGS PER SHARE $1.76 EXCLUDING ITEMS. * Q1 REVENUE ROSE 25.7 PERCENT TO $596.7 MILLION. * Q1 EARNINGS PER SHARE VIEW $0.99, REVENUE VIEW $542.9 MILLION -- REFINITIV IBES DATA Source text for Eikon: Further company coverage:

Air Lease reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Air Lease beat estimated earnings by 77.78%, reporting an EPS of $1.76 versus an estimate of $0.99. Revenue was up $121.83 million from the same period last year.

-Air Lease Corp (AL) on Thursday pointed to strong demand for the industry's most popular jet models as travel recovers from the pandemic but warned of potential risks to jet production from stretched global supply chains. The Los Angeles-based leasing giant issued the remarks after reporting a quarterly loss driven by an $800 million write-off of jets stranded in sanctions-hit Russia.

Air Lease Corp (AL) on Thursday reported a quarterly loss after the aircraft lessor recorded a previously announced $802.4 million charge on jets stranded in Russia. The company reported net loss of $479.4 million, or $4.21 per share, in the three months ended March 31, compared to a profit of $80.2 million, or $0.70 per share, a year earlier.

Air Lease Corporation (AL) announces financial results for the three months ended March 31, 2022. “Industry fundamentals continue to strengthen globally – demand is expanding both for new and young used aircraft, supporting continued firming of lease rates and bolstering the value of the existing aircraft in our fleet.

  ** Mirum Pharmaceuticals is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million. ** Bluegreen Vacations is estimated to report quarterly earnings at $0.53 per share on revenue of $181.17 million. ** Selecta Biosciences is expected to report quarterly loss at $0.11 per share on revenue of $13.12 million.