The latest announcement is out from Air Lease ( (AL) ).
On March 13, 2025, Air Lease Corporation announced that its Executive Chairman, Steven Udvar-Házy, will retire on May 2, 2025, following the company’s annual meeting. Mr. Udvar-Házy, who founded the company in 2010, will transition to a non-executive Chairman role until 2026. His retirement marks the end of a significant era, as he played a pivotal role in the growth and success of the company, which boasts over $32 billion in assets and has returned substantial capital to stockholders. The transition is expected to be smooth, with the leadership team poised to continue building on the company’s strong foundation.
More about Air Lease
Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California, specializing in purchasing new commercial aircraft and leasing them to airline customers worldwide. The company provides customized aircraft leasing and financing solutions and has a significant presence in the aviation industry with a young fleet and a substantial order book of new technology and fuel-efficient aircraft.
YTD Price Performance: -7.59%
Average Trading Volume: 693,577
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.87B
For detailed information about AL stock, go to TipRanks’ Stock Analysis page.
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