Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Air Lease Corp    AL

Delayed Quote. Delayed  - 07/26 10:01:20 pm
28.92 USD   -0.34%
07/12 THE LATEST : Airbus lowers delivery targets for A380
07/12 AIR LEASE CORPO : Announces Lease Placement of Four New Boeing 737-8..
07/12DJAirbus Sees Pressure to Raise Aircraft Production
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

Air Lease Corporation : Announces Lease Placement of Four New Boeing 737-8 MAX with Cayman Airways

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/21/2016 | 11:09pm CEST

By a News Reporter-Staff News Editor at Journal of Transportation -- Air Lease Corporation (NYSE: AL) announced the placement of four new 737-8 MAX aircraft on long-term lease to Cayman Airways, delivering between Q4 2018 and Q3 2020 from ALC's order book with Boeing.

In addition to the lease placement of four new Boeing 737-8 MAX aircraft, Cayman Airways will also lease one used Boeing 737-800 (MSN 30289) from ALC, with delivery in Q4 2016 on a 25-month lease, bridging the airline to the new 737-8 MAX deliveries.

"Cayman Airways is the national flag carrier for the Cayman Islands, and we at ALC are pleased with being selected by the airline, after an open tendering process, to expand and modernize their jet fleet. The new technologies in the MAX 8 aircraft will bring a new level of efficiency and passenger comfort to Cayman Airways that will greatly enhance the airline's competitive capabilities," said Steven Udvar-Hazy, Executive Chairman of Air Lease Corporation.

"ALC is very pleased to announce these five lease placements with Cayman Airways. Cayman Airways is in its 48th year of operation and we are looking forward to a strong relationship with Cayman Airways as they grow their fleet and network," said Kishore Korde, Air Lease Corporation's Executive Vice President.

Cayman Airways Board Chairman Philip Rankin said, "We are very pleased to enter into these lease agreements with Air Lease Corporation. The technological advancements and passenger comfort features inherent with Boeing 737-8 MAX aircraft are key to the Cayman Airways' fleet modernization program. This represents a monumental step towards meeting our medium to long term strategic goals and achieving the best possible reliability and customer service."

The Deputy Premier of the Cayman Islands and Minister of Tourism with responsibility for the national airline, Hon. Moses Kirkconnell expressed that, "This is a milestone in the history of Cayman Airways and the Cayman Islands. The national airline is a fundamental part of our tourism industry and a huge part of our islands social fabric. The new aircraft will not only enhance our service levels but will create new gateway possibilities from which the Cayman Islands tourism industry can benefit, such as the US West Coast.

Keywords for this news article include: Travel, Tourism, Airlines, Transportation, Air Lease Corporation.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2016, NewsRx LLC

(c) 2016 NewsRx LLC, source Business Newsletters

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AIR LEASE CORP
07/21 AIR LEASE CORPORATION : Announces Lease Placement of Four New Boeing 737-8 MAX w..
07/14 AIR LEASE : FAT contract dispute
07/12 THE LATEST : Airbus lowers delivery targets for A380
07/12 AIR LEASE CORPORATION : Announces Lease Placement of Four New Boeing 737-8 MAX w..
07/12DJAirbus Sees Pressure to Raise Aircraft Production
07/12 AIR LEASE : ​Boeing, Air Lease Corporation Announce Order for Six 737 MAXs
07/12 BOEING : Air Lease Corporation Announce Order for Six 737 MAXs
07/12 AIRBUS : New orders and a 'NEO' focus on Day 1 of the Farnborough Airshow
07/12 AIR LEASE : AIRBUS - ALC increases portfolio with three A350s and one A321; Less..
07/11 AIR LEASE : ​ALC increases portfolio with three A350s and one A321
More news
Sector news : Corporate Financial Services - NEC
04/21DJJapan Post Holdings Sets Its Sights on More Acquisitions
04/05 Japan Post, FamilyMart tie up for overseas delivery services
04/01 Avolon owner Bohai Capital to nearly double aircraft fleet - COO
03/22DJNorwegian Air to Lease Further Two New Boeing 787-9 Dreamliners
03/16 Japan Post Holdings will pursue M&As, says incoming CEO Nagato
More sector news : Corporate Financial Services - NEC
News from SeekingAlpha
07/22 Air Lease - Great Upside, No Downside
06/17 Air Lease names COO Plueger its CEO
05/31 AIR LEASE CORPORATION : Hidden Gems In Quarter's Report
05/10 BEN FRANKLIN : The First Proponent Of Dividend Growth Investing?
05/09 AIR LEASE : Q1 2016 Earnings Review; Strong Quarter And Shares Remain Undervalue..
Advertisement
Financials ($)
Sales 2016 1 424 M
EBIT 2016 778 M
Net income 2016 368 M
Debt 2016 -
Yield 2016 0,64%
P/E ratio 2016 8,12
P/E ratio 2017 7,92
Capi. / Sales 2016 2,09x
Capi. / Sales 2017 1,85x
Capitalization 2 974 M
More Financials
Chart AIR LEASE CORP
Duration : Period :
Air Lease Corp Technical Analysis Chart | AL | US00912X3026 | 4-Traders
Full-screen chart
Technical analysis trends AIR LEASE CORP
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 43,1 $
Spread / Average Target 49%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
John L. Plueger President & Chief Executive Officer
Steven F. Udvar-Házy Executive Chairman
Gregory B. Willis Chief Financial Officer & Executive Vice President
Jerry Dunn Director-Information Technology
Matthew J. Hart Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AIR LEASE CORP-13.62%2 984
AERCAP HOLDINGS N.V.-15.78%7 294
POWER FINANCE CORPORAT..10.30%4 351
ELEMENT FINANCIAL CORP-14.32%4 288
MITSUBISHI UFJ LEASE &..-35.10%3 534
RURAL ELECTRIFICATION ..-4.61%3 171
More Results