Air Lease upgraded by Citigroup with a new price target
$AL
Diversified Commercial Services
Consumer Discretionary
Citigroup upgraded Air Lease from Neutral to Buy and set a new price target of $68.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/20/2025 | $68.00 | Neutral → Buy | Citigroup |
| 3/7/2025 | $72.00 → $50.00 | Buy → Underperform | BofA Securities |
| 11/21/2024 | $65.00 | Buy | Goldman |
| 7/29/2024 | $56.00 → $58.00 | Buy | TD Cowen |
| 5/7/2024 | $59.00 → $56.00 | Buy | TD Cowen |
| 1/10/2024 | $54.00 | Outperform | BMO Capital Markets |
| 11/15/2023 | $46.00 | Overweight | Barclays |
| 5/15/2023 | $41.00 | Neutral | Citigroup |
Citigroup upgraded Air Lease from Neutral to Buy and set a new price target of $68.00
BofA Securities downgraded Air Lease from Buy to Underperform and set a new price target of $50.00 from $72.00 previously
Goldman resumed coverage of Air Lease with a rating of Buy and set a new price target of $65.00
Air Lease (NYSE:AL) announces financial results for the three months ended March 31, 2025. "AL had a strong quarter with fleet expansion, healthy sales gains, significant insurance settlements related to our aircraft in Russia, and achieving our target debt to equity ratio which now allows us to consider all capital allocation opportunities. To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft. We continue to benefit from robust global aircraft demand in both leasing and aircraft trading as significant aircraft supply constraints persist," said John L. Plueger, Chief Executive Officer and President. First Quarter 2025 Results
Air Lease (NYSE:AL) announced an update on aircraft investments, sales, and other activities occurring in the first quarter of 2025. As of March 31, 2025, AL's fleet was comprised of 487 owned aircraft and 57 managed aircraft, with 255 new aircraft on order from Airbus and Boeing set to deliver through 2029. Aircraft Investments Delivered 14 new aircraft from AL's orderbook including four Airbus A220s, eight Boeing 737-8s, one Boeing 737-9, and one Boeing 787-10. Aircraft investments totaled approximately $800 million, with the majority occurring in the second half of the quarter. Sales Sold 16 aircraft to third-party buyers. Aircraft sales proceeds for the quarter totaled appro
Air Lease (NYSE:AL) will host a conference call on May 5, 2025 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2025. Investors can participate in the conference call by dialing 1 (800) 715-9871 domestic or 1 (646) 307-1963 international. The passcode for the call is 4869598. The conference call will also be broadcast live through a link on the Investors page of the Air Lease website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease website. For your convenience,
8-K - AIR LEASE CORP (0001487712) (Filer)
8-K - AIR LEASE CORP (0001487712) (Filer)
10-Q - AIR LEASE CORP (0001487712) (Filer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
4 - AIR LEASE CORP (0001487712) (Issuer)
Air Lease (NYSE:AL) announces financial results for the three months ended March 31, 2025. "AL had a strong quarter with fleet expansion, healthy sales gains, significant insurance settlements related to our aircraft in Russia, and achieving our target debt to equity ratio which now allows us to consider all capital allocation opportunities. To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft. We continue to benefit from robust global aircraft demand in both leasing and aircraft trading as significant aircraft supply constraints persist," said John L. Plueger, Chief Executive Officer and President. First Quarter 2025 Results
Air Lease (NYSE:AL) will host a conference call on May 5, 2025 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2025. Investors can participate in the conference call by dialing 1 (800) 715-9871 domestic or 1 (646) 307-1963 international. The passcode for the call is 4869598. The conference call will also be broadcast live through a link on the Investors page of the Air Lease website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investors page of the Air Lease website. For your convenience,
Air Lease Corporation (ALC) (NYSE:AL) announces financial results for the three months and year ended December 31, 2024. "ALC generated record revenues in 2024, driven by our $5 billion in aircraft purchases from our orderbook, and $1.7 billion in aircraft sales. Looking forward, we expect lease rates and aircraft valuations to rise, supporting the value of our business. We remain optimistic about the ongoing benefits of these trends, given aircraft shortages are anticipated to persist for several years to come," said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Házy, Executive Chairman of the Board. Fourth Quarter and Fiscal Year 2024 Results The follow
Air Lease (NYSE:AL) announced today the appointment of Grant Newman as Senior Vice President and Treasurer, effective March 17. Grant Newman is an experienced finance, strategy and aviation executive, with over 20 years in finance, more than 15 of which have been in aviation and aerospace. He most recently served as the CFO of Elroy Air, an aerospace start-up, from 2021-2025, where he led the finance, supply chain, government affairs and legal departments. Prior to that Grant was SVP, Strategy & Corporate Development at Era Helicopters where he led the company's M&A, capital markets and strategic initiatives including the divestiture of DART Aerospace and Era's $1.5 billion merger with Bri
Air Lease Corporation (NYSE:AL) announced the delivery of one new Airbus A220-300 aircraft to Croatia Airlines. This is the first A220 to join the Croatian carrier's fleet and the first of six new A220 aircraft confirmed to deliver to the airline from ALC's orderbook with Airbus. "Air Lease Corporation is honored to have been selected by Croatia Airlines as the first Lessor to introduce the A220 to the airline and support Croatia's major fleet modernization program," said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. "This milestone first of six new A220 delivery is a wonderful achievement that commences the fleet transformation at Croatia Airlines." "We are thrille
Today Air Lease Corporation (NYSE:AL) announced long-term lease agreements for two new Airbus A321-200neo aircraft with Transavia. Confirmed to deliver in late 2025 and early 2026, these two new Airbus A321-200neos join seven A321-200neos ALC has leased to Transavia. The first ALC A321neo aircraft delivered to Transavia in December 2023 and was the first A321-200neo to join the Dutch carrier's fleet. "ALC is pleased to announce this transaction for two additional Airbus A321neo aircraft with Transavia," said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. "Our nine A321-200neo aircraft will offer significant enhancements and efficiency to the airline's fleet operations,
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)
SC 13G/A - AIR LEASE CORP (0001487712) (Subject)