Boeing customer Air Lease says 'damaged' MAX brand should be dropped [Yahoo! Finance News]
Air Lease Corporation Class A (AL)
Last air lease corporation class a earnings: 2/14 04:05 pm
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Source: Yahoo! Finance News
DUBLIN, Jan 20 Reuters) - The executive chairman of aircraft leasing firm Air Lease, which has 150 of Boeing's grounded 737 MAX jet on order, on Monday called on the U.S. manufacturer to drop the "damaged" MAX brand to avoid it undermining the plane's value. "We've asked Boeing to get rid of that word MAX. I think that word MAX should go down in the history books as a bad name for an aircraft," Steven Udvar-Hazy told the Airline Economics aviation finance conference in Dublin. "The MAX brand is damaged and there is really no reason for it." He said it was not yet clear if customers would quickly forget about the two fatal MAX accidents that caused the grounding "or are there going to be parts of the world where people are going to be more superstitious and it will take longer for them to erase that stigma", he said. Reporting by Conor Humphries; Editing by Alex Richardson)
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News
- Air Lease Co. (NYSE: AL) had its "buy" rating re-affirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $65.00 price target on the stock.MarketBeat
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- Air Lease Co. (NYSE: AL) had its price target raised by analysts at JPMorgan Chase & Co. from $52.00 to $56.00. They now have an "overweight" rating on the stock.MarketBeat
- Air Lease Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
AL
Earnings
- 11/7/24 - Beat
AL
Sec Filings
- 11/22/24 - Form 144
- 11/8/24 - Form 8-K
- 11/7/24 - Form 10-Q
- AL's page on the SEC website