Press Release - May 6, 2024
Air Lease Corporation Announces First Quarter 2024 Results
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months ended March 31, 2024.
“With aircraft in short supply and values rising, we benefit from continued fleet expansion and sales activity in an industry backdrop that remains positive. We see this environment continuing for the near to medium term future,” said John L. Plueger, Chief Executive Officer and President, and Steven...
Press Release - April 29, 2024
Air Lease Corporation Increases Senior Unsecured Revolving Credit Facility to $7.8 Billion
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent whereby the company extended the final maturity date of the facility from May 5, 2027 to May 5, 2028 and amended the total revolving commitments to approximately $7.8 billion from $7.4 billion across 52 financial institutions as of May 5, 2024. The senior...
Press Release - April 9, 2024
Air Lease Corporation Activity Update for the First Quarter of 2024
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024.
As of March 31, 2024, ALC’s fleet was comprised of 472 owned aircraft and 73 managed aircraft, with 320 new aircraft on order from Boeing and Airbus set to deliver through 2028.
Aircraft Investments
Delivered 14 new aircraft from ALC’s...