Air Lease Corporation Announces Lease Placement of Airbus A330-900neo with Hi Fly
LOS ANGELES, April 9, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced a medium-term lease agreement with Hi Fly (Portugal) for one Rolls-Royce Trent 7000-powered Airbus A330-900neo aircraft. The aircraft is scheduled to deliver from ALC’s order book with Airbus in June 2019. “ALC is pleased to announce this A330-900neo lease placement with Hi Fly, a new customer for the ALC family,” said Marc Baer, Executive Vice President of Air Lease Corporation. “The investment in additional A330-900neo aircraft is in line with Hi Fly’s interest to maintain a modern and versatile fleet to stay competitive in the market.” The new Airbus[...]
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Air Lease Corporation Activity Update for the First Quarter of 2018
LOS ANGELES, California, April 5, 2018 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced an update on activity taking place in the first quarter of 2018: As of March 31, 2018, ALC’s fleet was comprised of 253 owned aircraft and 49 managed aircraft. Orderbook Deliveries Delivered 4 new aircraft including 2 Boeing 737 MAX 8s, 1 Airbus A321neo and 1 Airbus A350-900 Incremental Aircraft Purchases Purchased and leased 5 used aircraft including 2 Boeing 737-700s, 1 Boeing 737-800 and 2 Airbus A320-200s Timing of Deliveries and Incremental Aircraft Purchases Majority of the quarter’s aircraft deliveries and incremental purchases occurred in the last two[...]
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Air Lease Corporation Announces First Quarter 2018 Earnings Conference Call
LOS ANGELES, April 4, 2018 – Air Lease Corporation (NYSE: AL) (“ALC”) will host a conference call on May 10, 2018 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2018. Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. The passcode for the call is 6995138. 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[...]
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Boeing, Air Lease Corporation Sign Order for Eight 737 MAX Airplanes
Order from leading airplane lessor reflects strong market demand for new and improved 737 jet
SOURCE: Boeing
SEATTLE, April 3, 2018 – Boeing [NYSE:BA] and Air Lease Corporation (NYSE: AL) (ALC) announced they have finalized an order for eight more 737 MAX 8 airplanes, valued at $936.8 million at list prices.
Air Lease Corporation (ALC), one of the world’s leading airplane lessors, has been a big buyer of the improved 737 airplane. This new order raises ALC’s total 737 MAX orders to 138.
“These aircraft perfectly fit ALC’s and our airline lessees’ growing need for additional 737 MAX 8 aircraft. Our success in MAX placements to date speaks to the strong[...]
Air Lease Corporation to Present at J.P. Morgan Aviation, Transportation and Industrials Conference
LOS ANGELES, March 9, 2018 – Air Lease Corporation (NYSE: AL) (“ALC”) announced today that Steven F. Udvar-Házy, Executive Chairman, John L. Plueger, Chief Executive Officer and President, and Gregory B. Willis, Executive Vice President and Chief Financial Officer, will be presenting at the J.P. Morgan Aviation, Transportation and Industrials Conference in New York City on Wednesday, March 14, 2018 at 11:00 a.m. Eastern Time. Presentation materials utilized will be posted in advance of the presentation time to the Investors section of ALC’s website at https://www.airleasecorp.com. About Air Lease Corporation (NYSE: AL) ALC is a leading aircraft leasing company[...]
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Air Lease Corporation Announces the Placement of Two Airbus A320-200s with IndiGo
LOS ANGELES, February 28, 2018 – Air Lease Corporation (NYSE: AL) announced lease agreements for two IAE V2527-powered Airbus A320-200s with IndiGo, India’s largest passenger airline by market share. Both aircraft are scheduled to deliver in Q3 2018. “We are pleased to announce these two A320-200 lease placements with IndiGo, a new customer for ALC,” said Kishore Korde, Executive Vice President of Air Lease Corporation. “IndiGo has become the benchmark that many other leading low-cost airlines measure themselves against. India is a very high growth airline market and ALC is pleased to contribute to the dynamic development of airline expansion in India with[...]
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Air Lease Corporation Announces Fiscal Year & Fourth Quarter 2017 Results
Los Angeles, California, February 22, 2018 – Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the year and three months ended December 31, 2017. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press.
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Air Lease Corporation Announces the Placement of Airbus A320-200neo with Atlantic Airways
LOS ANGELES, February 12, 2018 - Air Lease Corporation (NYSE: AL) announced a long term lease agreement for one Airbus A320-200neo with Atlantic Airways, the national airline of the Faroe Islands. The aircraft will deliver in March 2019 from ALC’s order book with Airbus. “We are very pleased to announce this new lease placement with Atlantic Airways, a new customer for ALC,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “Atlantic Airways connects the Faroe Islands in the North Atlantic with multiple destinations in Scandinavia and a growing route network in Europe. The A320neo will help add capacity and efficiency to[...]
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Air Lease Corporation Announces the Placement of Two New Airbus A321-200s with Frontier Airlines
LOS ANGELES, January 22, 2018 - Air Lease Corporation (NYSE: AL) announced long term lease agreements with Frontier Airlines, an ultra-low-cost carrier based in the United States, for two new Airbus A321-200s. These aircraft are from ALC’s order book with Airbus and will deliver in the fourth quarter of 2018. This agreement follows two new A320-200s delivered from ALC to the airline in 2016. “We are pleased to announce these two additional A321-200 lease placements with Frontier Airlines. We look forward to a long-term relationship with Frontier as they continue to add new Airbus aircraft to modernize their expanding fleet and grow their network,” said Steven F.[...]
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Air Lease Corporation Announces Fourth Quarter and Year End 2017 Earnings Conference Call
LOS ANGELES, January 18, 2018 – Air Lease Corporation (NYSE: AL) will host a conference call on February 22, 2018 at 4:30 PM Eastern Time to discuss the Company's financial results for the fourth quarter and year end 2017. Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. The passcode for the call is 2897358. 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[...]
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Air Lease Corporation to Present at Dublin Conferences
LOS ANGELES, January 18, 2018 – Air Lease Corporation (NYSE: AL) (“ALC”) announced today that Steven F. Udvar-Házy, Executive Chairman, and John L. Plueger, Chief Executive Officer and President, will be presenting at Airline Economics Growth Frontiers Dublin 2018 and the 20th Annual Global Airfinance Conference Dublin 2018 (together, the “Conferences”) during the week of January 22, 2018. Any presentation materials utilized for the Conferences will be posted in advance of the presentation time to the Investors section of ALC’s website at https://www.airleasecorp.com. For further details on the aforementioned speaking engagements, please visit the schedule or agenda[...]
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Air Lease Corporation Activity Update for the Fourth Quarter of 2017
LOS ANGELES, California, January 18, 2018 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced an update on activity taking place in the fourth quarter of 2017: As of December 31, 2017, ALC’s fleet was comprised of 244 owned aircraft and 50 managed aircraft. Deliveries Delivered 8 new aircraft including 2 Boeing 787-9s, 2 Boeing 737-8 MAXs, 2 Airbus A321neos and 2 Airbus A350-900s Delivered 4 used Boeing 737-800s purchased in the secondary market Sold 2 aircraft including 1 Boeing 737-800 to Blackbird Capital II, LLC and 1 Airbus A330-200 to a third party, and received insurance proceeds related to the insured loss of 2 Boeing 737-800 aircraft[...]
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Air Lease Corporation Announces Pricing of Public Offering of $550 Million of 2.50% Unsecured Senior Notes due 2021 and $700 Million of 3.25% Unsecured Senior Notes due 2025
LOS ANGELES, California, January 8, 2018 – Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on January 8, 2018 of its public offering of $550 million aggregate principal amount of 2.50% unsecured senior notes due 2021 (the “2021 Notes”) and $700 million aggregate principal amount of 3.25% unsecured senior notes due 2025 (the “2025 Notes” and, together with the 2021 Notes, the “Notes”). The 2021 Notes were offered to the public at a price of 99.381% of their face amount and the 2025 Notes were offered to the public at a price of 98.717% of their face amount. The sale of the Notes is expected to close on January 16, 2018, subject to[...]
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Air Lease Corporation Announces the Lease Placement of Two Boeing 737-800 Aircraft with FlyEgypt
LOS ANGELES, California, December 21, 2017 – Today Air Lease Corporation (NYSE: AL) announced the long term lease placement of two Boeing 737-800 aircraft with FlyEgypt (Cairo). The first of the two aircraft delivered in December 2017, and the second is scheduled to deliver in January 2018. “We are very pleased to announce these two 737-800 lease placements with our new customer FlyEgypt. These aircraft are key additions to FlyEgypt’s fleet as they continue to execute their fleet development plan while operating from and to under-served beautiful tourist attractions and resorts in the region,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.[...]
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Air Lease Corporation Announces Delivery of Azores Airlines’ First A321neo
LOS ANGELES, December 14, 2017 – Today Air Lease Corporation (NYSE: AL) (ALC) announced that Azores Airlines SATA International (Portugal) received its first new Airbus A321neo aircraft. This aircraft is the first of six CFM Leap 1A engine-powered A321neos to be delivered to Azores Airlines from ALC’s order book with Airbus. The next five A321neos will deliver between now and early 2021. The airline, fully owned by SATA (Sociedade Açoreana de Transportes Aéreos) becomes the first Portuguese operator to receive a member of the best-selling A320neo Family. By way of an extensive transatlantic network, these aircraft will connect Portugal and Azores to cities[...]
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Mary Liz DePalma
Assistant Vice President, Investor RelationsPhone: +1 310.553.0555
Fax: +1 310.553.0999
Email: mdepalma@airleasecorp.com
Media
Laura Woeste
Manager, Media and Investor RelationsPhone: +1 310.553.0555
Fax: +1 310.553.0999
Email: lwoeste@airleasecorp.com
