Air Lease Corp Files 8-K, Reports Fiscal Year Change
Ticker: AL · Form: 8-K · Filed: Oct 18, 2024 · CIK: 1487712
Sentiment: neutral
Topics: corporate-action, financial-reporting, fiscal-year-change
Related Tickers: AL
TL;DR
AL filed an 8-K, changing fiscal year end to 12/31. No major financial news yet.
AI Summary
Air Lease Corporation (AL) filed an 8-K on October 17, 2024, reporting amendments to its articles of incorporation or bylaws and financial statements/exhibits. The filing indicates a change in fiscal year end to December 31st. Specific dollar amounts or new executive appointments were not detailed in the provided text.
Why It Matters
This filing signals a potential shift in Air Lease Corp's financial reporting cadence, which could impact how investors analyze their performance throughout the year.
Risk Assessment
Risk Level: low — The filing is procedural, reporting administrative changes and financial statement submissions without indicating significant operational or financial distress.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's annual accounting period.)
Key Players & Entities
- AIR LEASE CORP (company) — Registrant
- October 17, 2024 (date) — Date of Report
- 2000 Avenue of the Stars, Suite 1000N Los Angeles, California 90067 (address) — Principal executive offices
- 1231 (date) — Fiscal Year End
FAQ
What specific amendments were made to Air Lease Corporation's articles of incorporation or bylaws?
The provided text does not specify the exact nature of the amendments, only that they were reported in the 8-K filing.
What is the new fiscal year end for Air Lease Corporation?
The new fiscal year end for Air Lease Corporation is December 31st (1231).
When was this 8-K filing submitted?
The 8-K filing was submitted on October 17, 2024.
What is the principal executive office address for Air Lease Corporation?
The principal executive office is located at 2000 Avenue of the Stars, Suite 1000N, Los Angeles, California 90067.
Does this filing indicate any significant financial events or changes in business operations?
The filing primarily reports administrative changes and financial statement submissions, with no specific details provided in the text about significant financial events or operational changes.
Filing Stats: 614 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-10-18 16:10:27
Key Financial Figures
- $0.01 — he Company's preferred stock, par value $0.01 per share. The Certificate of Elimina
Filing Documents
- al-20241017.htm (8-K) — 31KB
- ex31-seriesaxcertificateof.htm (EX-3.1) — 14KB
- 0001628280-24-043108.txt ( ) — 220KB
- al-20241017.xsd (EX-101.SCH) — 3KB
- al-20241017_def.xml (EX-101.DEF) — 17KB
- al-20241017_lab.xml (EX-101.LAB) — 30KB
- al-20241017_pre.xml (EX-101.PRE) — 17KB
- al-20241017_htm.xml (XML) — 4KB
03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On October 17, 2024, Air Lease Corporation (the " Company ") filed a Certificate of Elimination (the " Certificate of Elimination ") with the Secretary of State of the State of Delaware effecting the elimination of the Certificate of Designations (the " Certificate of Designations ") relating to the Company's 6.150% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (the " Series A Preferred Stock "). On October 17, 2024, all then-outstanding shares of Series A Preferred Stock were redeemed in accordance with the terms of the Certificate of Designations. Following the filing of the Certificate of Elimination with the Secretary of State of the State of Delaware, all previously-authorized shares of the Series A Preferred Stock resumed the status of undesignated shares of the Company's preferred stock, par value $0.01 per share. The Certificate of Elimination became effective upon filing, and a copy is filed as Exhibit 3.1 to this Current Report on Form 8-K. The above description of the Certificate of Elimination is a summary and, as such, is qualified in its entirety by reference to the full text of the Certificate of Elimination, which is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 3.1 Certificate of Elimination relating to the Series A Preferred Stock, dated October 17, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. AIR LEASE CORPORATION Date: October 18, 2024 /s/ Gregory B. Willis Gregory B. Willis Executive Vice President and Chief Financial Officer 3