AL has been in the news 750% more than usual
Jan 22, 2025, 1:31 AM
7.94%
What does AL do
Air Lease, headquartered in Los Angeles, specializes in aircraft leasing, purchasing jets from manufacturers like Airbus and Boeing, and serving 119 airlines across 62 countries. The company went public on April 19, 2011, and also offers fleet management services.
AL has been in the news recently: Air Lease Corporation has initiated a commercial paper program that permits the issuance of up to $2 billion in short-term, unsecured notes for corporate purposes. The program has received a K1 short-term debt rating from KBRA, supported by $7.5 billion in liquidity and robust cash flow as of the third quarter of 2024.
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