Previous close | 6.60 |
Open | 6.60 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 45.00 |
Expiry date | 2024-05-17 |
Day's range | 6.60 - 6.60 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Despite Increased Revenue, Higher Expenses Impact Profitability
Air Lease shares were down about 6% at $48.61 in after hours trading. Aircraft lessors are benefitting from higher rental revenues as airlines hunt for aircraft amid a shortage of commercial jets due to supply problems, slumping production of Boeing's 737 MAX and Pratt & Whitney GTF engine snags. "These imbalances are very likely to stay with us for at least three to four years in the future," Steven Udvar-Hazy, executive chairman of Air Lease Corp., told analysts.
LOS ANGELES, May 06, 2024--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months ended March 31, 2024.