launched in 2010, air lease corporation (alc) is an aircraft leasing company based in los angeles, california that has airline customers throughout the world. alc and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline partners worldwide through customized aircraft leasing and financing solutions. for more information, visit alc's website at www.airleasecorp.com.
Company profile
Ticker
AL, AL+A
Exchange
Website
CEO
John Plueger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AIR LEASE Corp
SEC CIK
Corporate docs
Subsidiaries
ALC Blarney Aircraft Limited ...
IRS number
271840403
AL stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
4 Apr 24
CERT
Certification of approval for exchange listing
27 Mar 24
8-A12B
Registration of securities on exchange
27 Mar 24
8-K
Other Events
27 Mar 24
424B2
Prospectus for primary offering
21 Mar 24
FWP
Free writing prospectus
20 Mar 24
424B5
Prospectus supplement for primary offering
20 Mar 24
ARS
2023 FY
Annual report to shareholders
18 Mar 24
DEFA14A
Additional proxy soliciting materials
18 Mar 24
DEF 14A
Definitive proxy
18 Mar 24
Transcripts
AL
Earnings call transcript
2023 Q4
15 Feb 24
AL
Earnings call transcript
2023 Q3
6 Nov 23
AL
Earnings call transcript
2023 Q2
3 Aug 23
AL
Earnings call transcript
2023 Q1
2 May 23
AL
Earnings call transcript
2022 Q4
16 Feb 23
AL
Earnings call transcript
2022 Q3
3 Nov 22
AL
Earnings call transcript
2022 Q2
5 Aug 22
AL
Earnings call transcript
2022 Q1
6 May 22
AL
Earnings call transcript
2021 Q4
18 Feb 22
AL
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
10 Apr 24
SC 13G/A
BlackRock Inc.
5 Apr 24
SC 13G
MILLENNIUM MANAGEMENT LLC
22 Mar 24
4
Alex A Khatibi
19 Mar 24
4
Grant A Levy
19 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
4
Alex A Khatibi
7 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
4
STEVEN F UDVAR-HAZY
27 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 515.73 mm | 515.73 mm | 515.73 mm | 515.73 mm | 515.73 mm | 515.73 mm |
Cash burn (monthly) | 21.57 mm | 50.10 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 147.43 mm | 342.50 mm | n/a | n/a | n/a | n/a |
Cash remaining | 368.30 mm | 173.23 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 17.1 | 3.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
87.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 301 |
Opened positions | 40 |
Closed positions | 37 |
Increased positions | 117 |
Reduced positions | 93 |
13F shares | Current |
---|---|
Total value | 3.84 tn |
Total shares | 97.48 mm |
Total puts | 40.80 k |
Total calls | 60.10 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 10.16 mm | $400.43 bn |
Dimensional Fund Advisors | 6.66 mm | $262.33 bn |
JPM JPMorgan Chase & Co. | 6.62 mm | $261.08 bn |
BLK Blackrock | 5.67 mm | $223.42 bn |
Wellington Management | 3.18 mm | $125.18 bn |
IVZ Invesco | 2.72 mm | $107.23 bn |
Capital International Investors | 2.71 mm | $106.86 bn |
Royce & Associates | 2.68 mm | $105.71 bn |
Artisan Partners Limited Partnership | 2.64 mm | $104.22 bn |
Allspring Global Investments | 2.33 mm | $91.74 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Alex A Khatibi | Air Lease Corporation - Class A Common Stock | Sell | Dispose S | No | No | 47.3656 | 11,199 | 530.45 k | 76,300 |
15 Mar 24 | Grant A Levy | Air Lease Corporation - Class A Common Stock | Sell | Dispose S | No | No | 46.822 | 7,500 | 351.17 k | 150,815 |
5 Mar 24 | Alex A Khatibi | Air Lease Corporation - Class A Common Stock | Sell | Dispose S | No | No | 43.1095 | 11,198 | 482.74 k | 87,499 |
25 Feb 24 | Steven F Udvar-hazy | Air Lease Corporation - Class A Common Stock | Grant | Acquire A | No | No | 0 | 79,440 | 0.00 | 1,479,769 |
25 Feb 24 | Steven F Udvar-hazy | Air Lease Corporation - Class A Common Stock | Grant | Acquire A | No | No | 0 | 22,861 | 0.00 | 1,400,329 |
25 Feb 24 | Steven F Udvar-hazy | Air Lease Corporation - Class A Common Stock | Payment of exercise | Dispose F | No | No | 39.97 | 45,288 | 1.81 mm | 1,377,468 |
25 Feb 24 | Gregory B Willis | Air Lease Corporation - Class A Common Stock | Grant | Acquire A | No | No | 0 | 6,025 | 0.00 | 78,369 |
25 Feb 24 | Gregory B Willis | Air Lease Corporation - Class A Common Stock | Payment of exercise | Dispose F | No | No | 39.97 | 3,082 | 123.19 k | 72,344 |
News
Westinghouse Air Brake Technologies Beats Q1 Earnings and Revenue Estimates
24 Apr 24
Barclays Maintains Overweight on Air Lease, Raises Price Target to $55
16 Apr 24
Air Lease Delivers 14 New Aircraft In Q1, Investments Fall
9 Apr 24
(AL) - Analyzing Air Lease's Short Interest
20 Mar 24
Cisco, Robinhood And 2 Other Stocks Insiders Are Selling
8 Mar 24
Press releases
Air Lease Corporation Activity Update for the First Quarter of 2024
9 Apr 24
Air Lease Corporation Announces First Quarter 2024 Earnings Conference Call
8 Apr 24
Air Lease Corporation Announces Closing of Offering of €600 Million of Senior Unsecured Medium-Term Notes
28 Mar 24
KBRA Affirms Air Lease's A- Issuer, Senior Unsecured Debt Ratings and BBB Preferred Share Rating with Stable Outlook and Assigns A- Rating to Air Lease's Medium-Term Notes
22 Mar 24
Air Lease Corporation Announces Pricing of Offering of €600 Million of Senior Unsecured Medium-Term Notes
21 Mar 24