Air Lease (Air Lease) Construction In Progress : $1,088.36 Mil (As of Mar. 2024)

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What is Air Lease Construction In Progress?

Air Lease's quarterly construction in progress increased from Sep. 2023 ($1,173.38 Mil) to Dec. 2023 ($1,203.07 Mil) but then declined from Dec. 2023 ($1,203.07 Mil) to Mar. 2024 ($1,088.36 Mil).

Air Lease's annual construction in progress declined from Dec. 2021 ($1,508.89 Mil) to Dec. 2022 ($1,344.97 Mil) and declined from Dec. 2022 ($1,344.97 Mil) to Dec. 2023 ($1,203.07 Mil).

Air Lease Construction In Progress Historical Data

The historical data trend for Air Lease's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Air Lease Construction In Progress Chart

Air Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,564.19

1,800.12

1,508.89

1,344.97

1,203.07

Air Lease Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															1,220.33	1,105.30	1,173.38	1,203.07	1,088.36

Air Lease Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Air Lease (Air Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Air Lease Corp (GREY:ALLLZ) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ALpA.PFD:USA AL:USA AVLA:Germany

Address

2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA, USA, 90067

Website

https://www.airleasecorp.com

Air Lease Corp is an aircraft leasing company based in the United States. However, it derives its revenue from the Asia region. Its business involves purchasing aircraft from renowned manufacturers such as The Boeing Company (Boeing) and Airbus S.A.S and leasing them to airline companies across the world. Its suite of aircraft entails single-aisle narrow-bodied jets and twin-aisle wide-bodied aircraft. The company's primary source of revenue originates from the leasing of aircraft and to a certain extent from the provision of fleet management services to investors and owners of aircraft portfolios.