Airbus rebuffs complaints over plans to lift jet output [Financial Post (Toronto, Ontario, Canada)]
Air Lease Corporation Class A (AL)
Last air lease corporation class a earnings: 2/14 04:05 pm
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Source: Financial Post
A320 jetliner family, telling them its ambitions are justified by expectations for post-pandemic demand, industry sources said. 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. Best Black Friday deals in Canada 2021 Advertisement 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. Advertisement Article content 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 there,” two people familiar with the matter said, speakin
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AL
Earnings
- 5/6/24 - Miss
AL
Sec Filings
- 5/9/24 - Form 8-K
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- AL's page on the SEC website