Air Lease Corporation Partners in a New Aircraft Leasing Joint Venture, Blackbird Capital I, To Acquire up to $2 Billion in Aircraft
LOS ANGELES, California, November 6, 2014 — Air Lease Corporation (NYSE: AL) (the “Company” or “ALC”) today announced that a wholly-owned subsidiary of the Company entered into a joint venture with a co-investment vehicle (the “JV Partner”) arranged by Napier Park Global Capital (US) LP (“Napier Park”) for the purpose of investing in commercial aircraft and leasing them to airlines around the globe. The newly formed entity with...