Airbus rebuffs complaints over plans to lift jet output [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
jetliner family, telling them its ambitions are justified by expectations for post-pandemic demand, industry sources said. FILE PHOTO: A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier/File Photo Major lessors have joined engine makers in warning Airbus that an aggressive output increase could upset the market and hurt aircraft values while the recovery from the coronavirus crisis remains fragile. The latest approach came in separate letters to Airbus from at least two of the world's largest leasing companies, the sources said, confirming a Financial Times report. Airbus has responded by saying it is sticking to its plans, which involve a firm target of 64 A320-family jets a month in the second quarter of 2023, along with studies to raise monthly output to 70 in early 2024 and 75 by 2025. That compares with about 40 a month now. It told leasing companies complaining about the plans that “demand is t
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News
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- Global Aircraft Leasing Industry Report 2024: Rising Demand for Wet Aircraft Leasing Key Trends in Urban Air Mobility (UAM) Solutions Taking the Market to New Heights - Forecasts to 2028 [Yahoo! Finance]Yahoo! Finance
- Cabot's Top Ten list of stocks [Seeking Alpha]Seeking Alpha
AL
Earnings
- 2/15/24 - Beat
AL
Sec Filings
- 4/10/24 - Form SC
- 4/5/24 - Form SC
- 4/4/24 - Form DEFA14A
- AL's page on the SEC website