Exhibit 99.1 Air Lease Corporation Announces Third Quarter 2024 Results Los Angeles, California, November 7, 2024 — Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and nine months ended September 30, 2024. "Demand for commercial aircraft remains high, and we are continuing to place aircraft at rising lease rates, while also harvesting solid gains on sales from our existing fleet – underscoring the deep value embedded in our young $28 billion fleet and $18 billion forward ord ...

Air Lease Corporation (AL) is scheduled to report third-quarter 2024 results on Nov. 7, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Air Lease has a mixed earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, delivering an average surprise of 10.11%.The Zacks Consensus Estimate for AL’s third-quarter 2024 earnings has been revised downward by 2.4% in the past 60 days.Given th ...

Air Lease (AL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 7. ...

Air Lease Corporation (AL) is bolstered by an upbeat air travel demand scenario. The company’s proactive efforts to expand its fleet are commendable. However, elevated operating expenses and supply-chain disruptions are adversely impacting AL’s bottom line.Factors Favoring ALThe uptick in air travel demand bodes well for Air Lease. In the second quarter of 2024, the airline’s traffic volumes remained robust globally, increasing 9% year over year. Total international traffic surged by a strong 12% year-over- ...

Financial Performance - Air Lease's financial stability is challenged by escalated operating expenses, particularly elevated interest expenses, which are straining the company's bottom line [1] - In the second quarter of 2024, total operating expenses rose by 6% year over year, primarily driven by a 9.4% increase in interest expenses, which accounted for 37.7% of total operating expenses [2][1] - The Zacks Consensus Estimate for current-quarter earnings has been revised 5.4% downward in the past 60 days, with a 6.7% downward revision for the current year, indicating a lack of confidence from brokers [1] Liquidity and Debt - The company's current ratio was 0.50 in the second quarter of 2024, indicating insufficient capital to pay off short-term debt, as a current ratio of less than 1 is undesirable [4] - High debt levels are a concern for Air Lease, contributing to its financial challenges [2] Stock Performance - Air Lease's shares have declined 4.8% in the past 90 days, contrasting with a 2% rise in the industry [1] - The company currently carries a Zacks Rank 4 (Sell), reflecting its weak performance [1] Comparison with Peers - C.H. Robinson Worldwide (CHRW) has a Zacks Rank 1 (Strong Buy) with an expected earnings growth rate of 25.2% for the current year and shares have risen 17.5% in the past year [5] - Westinghouse Air Brake Technologies (WAB) holds a Zacks Rank 2 (Buy) with an expected earnings growth rate of 26% for the current year and shares have climbed 49.8% in the past year [5][6]

Core Viewpoint - Investors in Air Lease Corporation (AL) should closely monitor stock movements due to significant implied volatility in the options market, particularly the Sep 20, 2024 $35.00 Put option [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectation of future price movements, with high levels suggesting potential significant price changes or upcoming events that could lead to a rally or sell-off [2] - The current high implied volatility for Air Lease shares suggests that options traders anticipate a substantial price movement [3] Group 2: Analyst Sentiment - Air Lease is currently rated as Zacks Rank 4 (Sell) within the Transportation - Equipment and Leasing industry, which is in the top 20% of the Zacks Industry Rank [3] - Over the past 60 days, no analysts have raised their earnings estimates for the current quarter, while two have lowered their estimates, resulting in a decrease of the Zacks Consensus Estimate from $1.87 to $1.77 per share [3] - The significant implied volatility may indicate a developing trading opportunity, as seasoned options traders often seek to sell premium on options with high implied volatility [3]

LeoPatrizi In August, I covered Air Lease Corporation (AL) common stock and attached a buy rating to the name with 25% upside. Since then, the stock has appreciated by nearly 17%. However, Air Lease Corporation also has redeemable preferred stock (NYSE:AL.PR.A) and in this report, I will discuss whether there is any appeal to the fixed-floating rate preferred stock. What Is Fixed-Floating Rate Preferred Stock? Before we go into the details of the 6.15% Fixed-to-Floating Non-Cumulative Perpetual Preferre ...

Core Viewpoint - Air Lease Corporation (AL) reported disappointing second-quarter 2024 earnings, missing consensus estimates for both earnings per share and total revenues, indicating challenges in the rental and sales segments of its business [1][2]. Financial Performance - AL's second-quarter earnings per share were $1.23, below the Zacks Consensus Estimate of $1.56 [1]. - Total revenues for the quarter were $667.3 million, missing the consensus estimate of $687.9 million and reflecting a 0.8% decline year over year [1]. - Revenues from the rental of flight equipment decreased by 0.4% year over year to $609.5 million, attributed to the sale of older aircraft with higher lease yields and the acquisition of new aircraft with lower initial lease yields [2]. - Lease revenues fell by nearly $13 million compared to the prior period due to fewer aircraft returns during the quarter [2]. - Revenues from aircraft sales and trading activities dropped 5.5% year over year to $57.78 million, with gains from aircraft sales decreasing from $45 million in Q2 2023 to $40 million in the reported quarter [2]. Operating Metrics - Operating expenses increased by 6% to $539.5 million [3]. - As of June 30, 2024, AL owned 474 aircraft with a net book value of $26.8 billion, and the total fleet size was 848, which includes 67 managed aircraft and 307 on order [3]. - Cash and cash equivalents at the end of the second quarter were $454.12 million, down from $554.4 million at the end of the previous quarter [3]. - Debt financing, net of discount and issuance costs, rose to $19.67 billion from $19.48 billion in the prior quarter [3]. Industry Context - Delta Air Lines reported second-quarter earnings of $2.36 per share, slightly missing estimates, with revenues of $16.65 billion exceeding expectations and increasing 6.9% year over year [4]. - J.B. Hunt Transport Services, Inc. reported earnings of $1.32 per share, missing estimates and reflecting a 27% year-over-year decline, with total operating revenues of $2.93 billion also falling short of expectations [5]. - United Airlines Holdings, Inc. reported earnings per share of $4.14, surpassing estimates, but total operating revenues of $14.98 billion missed expectations despite a year-over-year increase of 5.7% [6].

Uladzimir Zuyeu/iStock via Getty Images Air Lease Corporation (NYSE:AL) stock tumbled almost 14% on Friday getting caught in a combination of negative market sentiment and the declines of peer AerCap (AER). I strongly believe that airplane lessors provide attractive long-term investment opportunities and with that in mind I am revisiting Air Lease Corporation to discuss the company’s most recent earnings and assess the price target. Air Lease Corporation Margins Are Under Pressure Air Lease Corporation ...

Air Lease Corporation (NYSE:AL) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Jason Arnold - Head of IR Steven Hazy - Executive Chairman John Plueger - CEO and President Gregory Willis - EVP and CFO Conference Call Participants Hillary Cacanando - Deutsche Bank Terry Market - Barclays Jamie Baker - JPMorgan Moshe Orenbuch - TD Cowen Stephen Trent - Citi Operator My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to ...