Exhibit 99.1 Air Lease Corporation Announces Second Quarter 2024 Results Los Angeles, California, August 1, 2024 — Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and six months ended June 30, 2024. "We continue to feel the effects of ongoing delays from the aircraft and engine manufacturers. We remain confident and optimistic about the value of our fleet, as seen through our aircraft sales initiatives. There is significant value in our orderbook based on our view of longter ...

Air Lease Corporation (AL) provided an update on its aircraft investments, sales and significant financing activities occurring in the second quarter of 2024.As of Jun 30, 2024, Air Lease’s fleet included 474 owned aircraft and 67 managed aircraft. By the end of the second quarter of 2024, AL had commitments to purchase 307 aircraft from Boeing and Airbus for delivery through 2029.The company had already delivered 13 new aircraft from its order book, which comprises two Airbus A220s, five Airbus A321neos, o ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fun ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 9:Carvana Co. (CVNA) : Thise-commerce platform provider has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.Carvana's shares gained 51.9% over the last three months compared with the S&P 500’s advanced of 8.1%. The company possesses a Momentum Score of B.Air Lease Corporation (AL) : This aircraft leasing company has a Zac ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Carvana Co. (CVNA) : This e-commerce platform provider has seen the Zacks Consensus Estimate for its current year earnings increasing 55.3% over the last 60 days.Entrada Therapeutics, Inc. (TRDA) : This biotechnology company has seen the Zacks Consensus Estimate for its current year earnings increasing 91.6% over the last 60 days.Bumble Inc. (BMBL) : This online dating and social networking platform provider has seen the Zacks Consensus ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 9:Air Lease Corporation (AL) : This aircraft leasing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.Air Lease Corporation has a price-to-earnings ratio (P/E) of 6.77 compared with 15.00 for the industry. The company possesses a Value Score of A.Bumble Inc. (BMBL) : This online dating and social networki ...

Air Lease Corporation (AL) performed well in the past year and has the potential to sustain the momentum in the future.Let’s look at the factors why investors should retain this stock.Factors Favoring Air LeaseAir Lease's top line is benefiting from the continuous growth in its fleet and an increase in sales activity. In the first quarter of 2024, AL's top line improved 4.27% year over year. As of Mar 31, 2024, Air Lease’s fleet included 472 owned aircraft and 73 managed aircraft, and it had commitments to ...

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One stock that might be an intriguing choice for investors right now is Air Lease Corporation (AL) . This is because this security in the Transportation - Equipment and Leasing space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taki ...

Air Lease Corporation’s (AL) financial stability is challenged by high operating expenses and low liquidity. High interest expenses, an increase in aircraft transition costs and a rise in aviation insurance expenses exacerbate the strain on the company's bottom line. Also, low liquidity impedes its ability to meet obligations, thereby making it an unattractive choice for investors’ portfolios.Let’s delve deeperSouthward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings ha ...