Air Lease reports Q4 adjusted EPS $1.34 vs $1.92 last year

Reports Q4 revenue $712.9M, consensus $703.22M. “ALC generated record revenues in 2024, driven by our $5 billion in aircraft purchases from our orderbook, and $1.7 billion in aircraft sales. Looking forward, we expect lease rates and aircraft valuations to rise, supporting the value of our business. We remain optimistic about the ongoing benefits of these trends, given aircraft shortages are anticipated to persist for several years to come,” said John L. Plueger, Chief Executive Officer and President, and Steven Udvar-Hazy, Executive Chairman of the Board.