Air Lease (Air Lease) Total Aircraft in Service # : 0.00 (As of . 20)

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What is Air Lease Total Aircraft in Service #?

Total Aircraft in Service # is an indicator which measures the capacity of airlines.

The historical rank and industry rank for Air Lease's Total Aircraft in Service # or its related term are showing as below:

Air Lease Total Aircraft in Service # Historical Data

The historical data trend for Air Lease's Total Aircraft in Service # 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 Total Aircraft in Service # Chart

Air Lease (NYSE:ALpA.PFD) Total Aircraft in Service # Explanation

Total Aircraft in Service # might be directly purchased or leased by the airline. Instead of spending large amounts of money on buying aircrafts, some airlines opt to lease aircrafts from an aircraft lessor. For example, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period.

There are two main reasons for airlines to lease instead of buy: to operate aircraft without the financial burden of buying them, and to provide a temporary increase in capacity. The airline industry has two main leasing types: wet-leasing, also known as short-term lease, and dry-leasing, which is more normal for longer-term leases.

Air Lease Total Aircraft in Service # Related Terms

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Air Lease (Air Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Air Lease Corp (NYSE:ALpA.PFD) » Definitions » Total Aircraft in Service #

Comparable Companies

Traded in Other Exchanges

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.