12 Jul 2016

​Boeing, Air Lease Corporation Announce Order for Six 737 MAXs

SOURCE: Boeing ALC’s total number of MAX orders grows to 118 FARNBOROUGH, United Kingdom, July 12, 2016 -- Boeing (NYSE: BA) and Air Lease Corporation (NYSE: AL) announced an order for six 737 MAX 8s at the Farnborough Airshow. Three of the orders are new, and three others were previously attributed to an unidentified customer. At list prices, the total order value is $660 million. “ALC already has lease agreements in place with seven different airlines for 737-8 MAX aircraft out of our Boeing delivery stream, starting in the fourth quarter of 2017," said Steven F. Udvar-Hazy, Executive Chairman of Air Lease Corporation. "The addition of more Boeing 737 MAX in our portfolio[...]

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11 Jul 2016

Air Lease Corporation Announces Lease Placements of Four New Airbus A350-1000 Aircraft with Virgin Atlantic Airways

FARNBOROUGH, United Kingdom, July 11, 2016 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements for four new Airbus A350-1000 aircraft with Virgin Atlantic Airways. The aircraft are from ALC’s order book with Airbus, with two delivering in spring 2020 and two delivering in spring 2021. These new A350-1000s will replace Virgin Atlantic Airways’ Boeing 747 aircraft built in the 1990’s on routes from London across the Atlantic. “We have a long history and an excellent relationship with Virgin Atlantic Airways, and we are pleased to be a part of modernizing their long haul fleet,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease[...]

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11 Jul 2016

​ALC increases portfolio with three A350s and one A321

SOURCE: AirbusLessor to meet market demand with more modern and fuel-efficient aircraft
Air Lease Corporation (NYSE: AL), the Los Angeles based aircraft leasing company announced a firm order for three A350-900s and one A321 at the Farnborough Airshow to meet strong market demand for more modern and fuel-efficient aircraft. Including today’s announcement, ALC’s portfolio of Airbus aircraft stands at a total of 267, of which 70 are widebodies (16 A330ceo, 25 A330neo, 24 A350-900, 5 A350-1000) and 197 are single-aisles (30 A320ceo, 22 A320neo, 27 A321ceo, 118 A321neo). “These additional A350 and A321 aircraft were needed to fill ongoing customer lease placements[...]

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05 Jul 2016

Air Lease Corporation Announces Second Quarter 2016 Earnings Conference Call

LOS ANGELES, July 5, 2016 -- Air Lease Corporation will host a conference call on August 4, 2016 at 4:30 PM Eastern Time to discuss the Company's financial results for the second quarter of 2016.Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. The passcode for the call is 42459791.The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investor[...]

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17 Jun 2016

Air Lease Corporation Board Names John L. Plueger Next CEO and President, Steven Udvar-Házy to continue with the Company as Executive Chairman and Gregory Willis elevated to Executive Vice President and Chief Financial Officer

LOS ANGELES, California, June 17, 2016 — Air Lease Corporation (NYSE: AL) announced today that its Board of Directors has appointed John L. Plueger as Chief Executive Officer and President effective July 1, 2016. Steven Udvar-Házy will assume the role of Executive Chairman of the Board on July 1, 2016, a full-time officer role. “On behalf of the Board of Directors, I thank Steve for his extraordinary leadership of ALC as its founder, Chairman, and Chief Executive Officer,” said Robert Milton, ALC’s Lead Director. “Steve started ALC in February 2010, and as a result of his vision and guidance, the company today owns and manages 268 young and in-demand jet aircraft on[...]

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13 Jun 2016

Air Lease Corporation takes Delivery of its First new Boeing 787 Dreamliner

First of Two New Boeing 787-9 Aircraft to Hainan AirlinesFirst GEnx-powered 787-9 to operate in China
LOS ANGELES, California, June 13, 2016 — Air Lease Corporation (NYSE: AL) delivered its first Boeing 787 in Everett, Washington on June 7, 2016. The aircraft, a Boeing 787-9 on long term lease to Hainan Airlines, is the first of two new Boeing 787-9 deliveries from ALC’s order book with Boeing. The second 787-9 is scheduled to deliver this fall. This event also marks the first GEnx-powered Boeing 787-9 to operate in China, as well as the first 787-9 aircraft in Hainan’s fleet. "We are very pleased to deliver our first ever Boeing 787-9 to Hainan Airlines, who is also[...]

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06 Jun 2016

Air Lease Corporation Announces the Sale of 25 Embraer Aircraft to Nordic Aviation Capital

LOS ANGELES, June 6, 2016 - Air Lease Corporation (NYSE: AL) announced an agreement to sell 25 of its Embraer E190 and E175 aircraft in its fleet to Nordic Aviation Capital A/S (“NAC”). These Embraer aircraft have served ALC’s customers well, fulfilling regional passenger traffic demand. Over the past six years, ALC’s business has matured and has focused on mainline jet aircraft operations for its airline customers. NAC is a global leader specializing in meeting the needs of regional aircraft operators and this transaction adds further scale to its business. These 25 Embraer aircraft account for less than 10% of ALC’s current fleet. Transfers of these aircraft to NAC[...]

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31 May 2016

Air Lease Corporation Increases Unsecured Revolving Credit Facility to $3.13 Billion

LOS ANGELES, May 31, 2016 – On May 27, 2016, Air Lease Corporation (the “Company”) amended and extended its unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent and the lenders named therein (as amended, the “Syndicated Unsecured Revolving Credit Facility”) whereby the Company extended the maturity date from May 5, 2019 to May 5, 2020 and increased total revolving commitments to $3.13 billion from $2.78 billion, across 39 financial institutions. The Syndicated Unsecured Revolving Credit Facility remains priced at LIBOR plus 125 basis points with a 25 basis point facility fee, subject to reductions based on improvements in the[...]

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25 May 2016

Air Lease Corporation Announces Lease Placement of Three New Airbus A321-200s, One New Airbus A321-200neo and One New Airbus A320-200neo with WOW Air

LOS ANGELES, May 25, 2016 – Air Lease Corporation (NYSE: AL) announced today the placement of three new Airbus A321-200 CEOs, one new Airbus A321-200neo and one new A320-200neo aircraft on long-term leases to WOW air (Iceland). One A321-200 CEO delivered to the airline earlier this month, with the remaining two A321-200 CEOs delivering in Q3 and Q4 2016. The A320-200neo and A321-200neo aircraft are scheduled to deliver in Q1 2017 and Q1 2018, respectively. ALC purchased three of the aircraft from another operator just after delivery from Airbus and the other two aircraft are from ALC’s order book with Airbus. “ALC is very pleased to announce these five new A321 and[...]

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23 May 2016

Air Lease Corporation Announces the Placement of Two Additional New Airbus A350-900 Aircraft with Malaysia Airlines Berhad

LOS ANGELES, May 23, 2016 - Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for an additional two new Airbus A350-900 aircraft with Malaysia Airlines Berhad. This transaction follows ALC’s September 2015 placement of four new A350-900s with the airline. The two new aircraft are scheduled to deliver in the second quarter of 2018 from ALC’s order book with Airbus. “ALC couldn’t be more pleased to place these two additional aircraft with Malaysia Airlines Berhad. In addition to the four A350-900s placed by ALC last year, we are confident that these two additional A350-900 aircraft will further maximize Malaysia Airlines’ business operations[...]

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18 May 2016

Air Lease Corporation Announces 2016 Investor Meeting Webcast

LOS ANGELES, May 18, 2016 -- Air Lease Corporation announced that its annual Investor Meeting will be available via webcast, beginning 4:00pm Eastern Time on May 19, 2016. The meeting will be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Alternatively, virtual attendees may access the webcast directly via this link: http://livestream.com/accounts/19186937/events/5416474/player?width=560&height=315&autoPlay=true&mute=false. Please visit the website at least 15 minutes prior to the webcast to download and install any necessary audio software. A replay of the broadcast will be available on the Investor[...]

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17 May 2016

Air Lease Corporation Announces Lease Placement of Two New Boeing 787-9 Aircraft to Oman Air

LOS ANGELES, May 17, 2016 – Air Lease Corporation (NYSE: AL) announced today the placement of two new Boeing 787-9s on long-term lease to Oman Air. The aircraft are scheduled to deliver in 2018 and 2020, both from ALC’s order book with Boeing. This new agreement follows Oman Air’s August 2015 announcement of lease agreements covering 14 additional jet aircraft on lease from ALC, including three new Boeing 737-800s, seven new Boeing 737-8MAXs, one new Boeing 787-9, one used Boeing 737-700 and two used Boeing 737-800 aircraft. “The strong history and relationship between Oman Air and ALC has further facilitated this transaction,” said Alex Khatibi, Executive Vice[...]

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12 May 2016

Air Lease Corporation Delivers First of Two New Airbus A320-200 Aircraft to Frontier Airlines

LOS ANGELES, May 12, 2016 – Air Lease Corporation (NYSE: AL) today announced the delivery of one new Airbus A320-200 to Frontier Airlines, the first of two new Airbus A320-200 aircraft deliveries on long-term lease from ALC’s order book with Airbus. The second A320-200 is scheduled to deliver in fall 2016. “We are very pleased to deliver our first new A320-200 to Frontier Airlines, a new customer for ALC. We look forward to continuing our successful relationship with their management team as the airline optimizes its fleet for its low cost model,” said Matthew Stevens, Manager of Marketing at Air Lease Corporation. Forward-Looking Statements This press release[...]

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04 May 2016

Air Lease Corporation Announces First Quarter 2016 Results

Los Angeles, California, May 5, 2016— Air Lease Corporation (ALC) (NYSE: AL) announced record quarterly financial results for the three months ended March 31, 2016. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press.[...]

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10 Apr 2016

Air Lease Corporation Announces First Quarter 2016 Earnings Conference Call

LOS ANGELES, April 11, 2016 -- Air Lease Corporation will host a conference call on May 5, 2016 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2016. Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. The passcode for the call is 90607465. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on the Investor[...]

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Investors

Mary Liz DePalma

Director of Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: mdepalma@airleasecorp.com

Media

Laura St. John

Manager, Media and Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: lstjohn@airleasecorp.com