AL
Air Lease Corp
Halal Rating :
Last Price
$46.65
Last updated:
Market Cap
$5.2b
7D Change
3.41%
1 Year Change
13.67%
Company Overview
Industries
Exchange
NYSE
Next Earnings Date
Air Lease Corporation is a leading aircraft leasing company that primarily engages in purchasing commercial aircraft and leasing them to airlines worldwide through net lease agreements. The company purchases new commercial aircraft directly from manufacturers, including Boeing and Airbus, and leases these aircraft to its airline customers.
The company generates revenue primarily through rental payments from operating leases of aircraft. Additionally, they may sell aircraft from their fleet periodically as part of their fleet management strategy.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $690.16m | $545.56m | - | $203.09m | 0.00% | 37.23% |
| June 30, 2024 | $667.29m | $526.25m | - | $190.0m | 0.00% | 36.10% |
| March 31, 2024 | $663.31m | $514.87m | - | $181.59m | 0.00% | 35.27% |
Company Impact
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