Air Lease says Boeing signaling 'full speed ahead' for midsized jet [Reuters]
Air Lease Corporation Class A (AL)
Last air lease corporation class a earnings: 2/14 04:05 pm
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Source: Reuters
Air Lease says Boeing signaling 'full speed ahead' for midsized jet (Reuters) - Boeing Co is indicating “full speed ahead” for a new midsized airplane in what would be the first all-new jet program for the world’s biggest planemaker in more than a decade, Air Lease Corp’s chief executive, John Plueger, said on Wednesday. Boeing reiterated on Wednesday that it will make a decision in 2020 on whether to launch the plane, which aims to address the middle of the jet market between traditional narrowbody jets with one aisle and long-distance widebody planes. It can start seeking offers in 2019, subject to launch. “Boeing is signaling full speed ahead but there’s still a lot to be decided in these programs,” Plueger said at a conference, noting the company had met with Boeing in Seattle on Friday. In an emailed statement, Boeing said it is still working through the business case for the new jet, adding: “If we decide to offer the airplane and the market responds positively, we will proceed
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Earnings
- 2/15/24 - Beat
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Sec Filings
- 4/10/24 - Form SC
- 4/5/24 - Form SC
- 4/4/24 - Form DEFA14A
- AL's page on the SEC website