Ethiopian Airlines Signs MoU for 5 New Boeing 777-8 Freighters

05:00am, Monday, 07'th Mar 2022 The Kenyan Wall Street
Ethiopian Airlines signed a memorandum of understanding (MoU) to purchase five of Boeing newest air-cargo haulers, the 777-8 freighter. This is the industry’s newest, most capable and most fuel-efficient twin-engine freighter. According to Boeing, the 777-8F offers an almost identical payload to the 747-400F along with a 30% improvement in fuel efficiency, operating costs and emissions. The carrier is the second customer to announce a commitment for the freighter version of the 777X, which was launched with an initial deal for 50 aircraft from Qatar Airways in late January this year. The MoU to order the 777-8 Freighter will enable Ethiopian Airlines to meet expanding global cargo demand from its hub in Addis Ababa and position the carrier for long-term sustainable growth. Ethiopian’s cargo division serves over 120 destinations across the globe. According to the African Airlines Association (AFRAA), the carrier is the largest cargo provider on the continent, with 525,000 tonnes carried over 2020.
Stock in AerCap and Air Lease are plunging again Thursday. Investors fear they might not get their Russian-located planes back.

Why Air Lease (AL) Stock Might be a Great Pick

01:54pm, Tuesday, 01'st Mar 2022 Zacks Investment Research
Air Lease (AL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why AerCap Shares Are Falling Today

04:38pm, Monday, 28'th Feb 2022 The Motley Fool
The company has significant exposure to the Russian aviation market.

Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio

03:00pm, Monday, 28'th Feb 2022 Zacks Investment Research
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Air Lease Corporation found using ticker (AL) now have 6 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 61 and 53 calculating the average target price we see 57. With the stocks previous close at 43.85 this now indicates there is a potential upside of 30.0%. The day 50 moving average is 42.8 while the 200 day moving average is 42.71. The market cap for the company is $5,133m. Visit the company website at: https://www.airleasecorp.com [stock_market_widget type="chart" template="basic" color="green" assets=AL" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $6,673m based on the market concensus. Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors.

Air Lease's (AL) Q4 Earnings & Revenues Beat, Surge Y/Y

04:23pm, Friday, 18'th Feb 2022 Zacks Investment Research
Air Lease's (AL) Q4 results benefit from higher revenues from rental of flight equipment, thanks to continued fleet growth and increase in cash collections.
Air Lease's (AL) Q4 results benefit from higher revenues from rental of flight equipment, thanks to continued fleet growth and increase in cash collections.

Air Lease (AL) Q4 Earnings and Revenues Top Estimates

10:25pm, Thursday, 17'th Feb 2022 Zacks Investment Research
Air Lease (AL) delivered earnings and revenue surprises of 49.40% and 11.56%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Air Lease Corp (AL) CEO John Plueger on Q4 2021 Results - Earnings Call Transcript

Air Lease declares $0.185 dividend

09:25pm, Thursday, 17'th Feb 2022 Seeking Alpha
Air Lease (AL) declares $0.185/share quarterly dividend, in line with previous. Forward yield 1.73%

Air Lease Non-GAAP EPS of $1.75, revenue of $597.18M

09:13pm, Thursday, 17'th Feb 2022 Seeking Alpha
Air Lease press release (AL): Q4 Non-GAAP EPS of $1.75.Revenue of $597.18M (+22.1% Y/Y).Lease utilization rate for the three and twelve months ended December 31, 2021 was…
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE