LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (NYSE: AL) announced today the closing of a new $966.5 million unsecured term loan facility that matures in December 2027. The proceeds of the loan will be used to finance the working capital needs of Air Lease Corporation and its subsidiaries and for general corporate purposes. Sumitomo Mitsui Trust Bank, Limited, New York Branch and Oversea-Chinese...
LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and nine months ended September 30, 2024 . “Demand for commercial aircraft remains high, and we are continuing to place aircraft at rising...
LOS ANGELES--(BUSINESS WIRE)-- Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the third quarter of 2024. As of September 30, 2024, ALC’s fleet was comprised of 485 owned aircraft and 64 managed aircraft, with 287 new aircraft on order from Airbus and Boeing set to deliver through 2029....
LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (NYSE: AL) will host a conference call on November 7, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the third quarter of 2024. Investors can participate in the conference call by dialing 1 (888) 660-6652 domestic or 1 (646) 960-0554 international. The passcode for the call is 5952437....
LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A220-300 to TAAG Angola Airlines, the national carrier of Angola. This is the first A220 aircraft to deliver on long-term lease to TAAG and is the first of six new A220-300s confirmed to deliver to the airline from ALC’s orderbook with Airbus. “We are pleased to announce ALC’s first of six new...
LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (NYSE: AL) (the “ Company ”) announced the pricing today of its public offering of 300,000 shares (the “ Shares ”) of 6.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock,...
LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (NYSE: AL) announced today that Steven F. Udvar-Házy, Executive Chairman, will be presenting at the Deutsche Bank 14 th Annual Aircraft Finance & Leasing Conference in New York City on Wednesday, September 4 th...
LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 787-10 to Korean Air. This aircraft is the first of ten 787-10s confirmed to deliver to the Korean flag carrier from ALC’s orderbook with Boeing. “ALC is thrilled to announce delivery of the first of ten new Boing 787-10 aircraft leased to our longtime customer, Korean Air. We are honored to continue...