Air Lease upgraded at RBC Capital As noted earlier, RBC Capital upgraded Air Lease to Top Pick from Outperform. The firm upgraded Air Lease based on valuation and its belief that the stock offers attractive growth and value to investors. RBC Capital thinks that the company's differentiated model leaves it well-positioned to capitalize on market dislocations. Target $49.
Air Lease announces placement of one new ATR 72-600 with LIAT Air Lease announced the placement of one new ATR 72-600 aircraft on long term lease with Antigua-based LIAT. The aircraft is from ALC's order book with ATR and is scheduled to deliver in the third quarter of 2016.