16 Aug 2018

Air Lease Corporation to Host Investor Meeting to Discuss Thunderbolt II

LOS ANGELES, August 16, 2018 - Air Lease Corporation (NYSE: AL) announced today that the Company will be hosting a meeting on Thursday, September 6th at 3 p.m. Eastern Time to further discuss the Thunderbolt II transaction. Speaking from Air Lease will be Gregory B. Willis, Executive Vice President and Chief Financial Officer, and Ryan McKenna, Vice President and Head of Strategic Planning. This meeting is open to all investors and will more thoroughly cover the deal structure and value the platform provides to the broader Air Lease business. For investors interested in attending in person, the meeting will be held at The Peninsula New York located at 700 5th Ave, New York, NY[...]

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06 Aug 2018

Air Lease Corporation Initiates Portfolio Sale of 18 Aircraft to Thunderbolt II Aircraft Lease Limited

LOS ANGELES, August 6, 2018 - Air Lease Corporation announced today that the Company initiated the sale of a portfolio of 18 aircraft to Thunderbolt II Aircraft Lease Limited (“Thunderbolt II”), a newly formed entity.  The aircraft comprise a mix of narrowbody and widebody jet aircraft that, as of April 30, 2018, had an average age of 8.0 years and were leased to 16 lessees based in 15 countries.  Air Lease Corporation and its Irish affiliate, ALC Aircraft Limited, will act as servicers and portfolio manager with respect to the aircraft.  ALC estimates that the process of transfer and sale of the majority of aircraft will occur progressively during Q3 and Q4[...]

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02 May 2018

Air Lease Corporation Names Daniel Verwholt as Treasurer

LOS ANGELES, May 2, 2018 -- Air Lease Corporation (NYSE: AL) (“ALC” or the “Company”) announced today the appointment of Mr. Daniel Verwholt as Treasurer effective May 1, 2018, replacing Mr. AJ Abedin who will join the Company’s marketing team after holding the position of Treasurer since 2015. Mr. Verwholt joined Air Lease in 2017 as Director of Finance, and has over ten years of experience in banking, capital markets and investment management. Prior to Air Lease, Mr. Verwholt served as a Senior Credit Research Analyst at Google, where he led the research effort on financial institutions for Google’s internally managed investment grade debt portfolio. He has also held[...]

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17 Jan 2018

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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17 Oct 2017

Air Lease Corporation to Present at Airline Economics Growth Frontiers New York 2017

LOS ANGELES, October 17, 2017 -- Air Lease Corporation (NYSE: AL) (“ALC”) announced today that John L. Plueger, Chief Executive Officer and President, will be presenting at Airline Economics Growth Frontiers New York 2017 at the Hilton Midtown in New York City on Thursday, October 19, 2017 at 11:00 a.m. Eastern Time. The presentation materials will be posted at 11:00 a.m. Eastern Time on Thursday, October 19, 2017 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 based in Los Angeles, California that has airline customers throughout the[...]

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09 Oct 2017

Air Lease Corporation Activity Update for the Third Quarter of 2017

LOS ANGELES, California, October 9, 2017 — Today Air Lease Corporation (NYSE: AL; “ALC”) announced an update on activity taking place in the third quarter of 2017: At the end of the third quarter of 2017, ALC’s fleet was comprised of 236 owned aircraft and 51 managed aircraft. Deliveries Delivered 3 new aircraft including 1 Boeing 787-9, 1 Airbus A320neo and 1 Airbus A321neo  Sales Sold 7 aircraft including 3 aircraft sold to Thunderbolt Aircraft Lease Limited, 1 aircraft sold to Blackbird Capital II, LLC and 3 aircraft sold to other third parties Forward-Looking Statements This press release contains forward-looking statements within the meaning[...]

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10 Jul 2017

Air Lease Corporation Activity Update for the Second Quarter of 2017

LOS ANGELES, California, July 10, 2017 — Today Air Lease Corporation (NYSE: AL; “ALC”) announced an update on activity taking place in the second quarter of 2017:
- At the end of the second quarter of 2017, ALC’s fleet was comprised of 240 owned aircraft and 48 managed aircraft
Deliveries
- Delivered 8 new aircraft including 3 Boeing 737-800s, 1 Boeing 787-9, 1 Airbus A320neo, 1 Airbus A321ceo and 2 Airbus A321neos
- Delivered 6 used Boeing 737-800s purchased in the secondary market with the majority of these deliveries occurring throughout the second half of the quarter
Sales
- Sold 17 aircraft including 16 aircraft sold to Thunderbolt Aircraft Lease[...]

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02 Sep 2016

Steven Udvar-Házy Continues to Serve as Executive Chairman of the Board of Air Lease Corporation

LOS ANGELES, September 2, 2016 – Air Lease Corporation (NYSE: AL) is correcting an erroneous media report published this week that Steven Udvar-Házy, the Executive Chairman of the Board of Air Lease Corporation retired on September 1, 2016. As reported on June 17, 2016, the company announced that Mr. Udvar-Házy would become Executive Chairman of the Board on July 1, 2016, a full-time officer role. Since July 1, 2016, Mr. Udvar-Házy, the founder of the Company and a large shareholder, has been and continues to serve in his full-time role as Executive Chairman of the Board. About Air Lease Corporation (NYSE: AL) ALC is a leading aircraft leasing company based in Los[...]

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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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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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23 Dec 2015

Air Lease Corporation Announces the Sale of Its ATR Fleet to Nordic Aviation Capital

LOS ANGELES, December 23, 2015 - Air Lease Corporation (NYSE: AL) announced the sale of 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S (“NAC”). These ATR aircraft have served ALC well in meeting the demand from airline customers operating shorter sector lengths. As the business has matured, ALC has focused more on its mainline jet aircraft operations with these turboprop aircraft now accounting for less than 5% of the current fleet. NAC is a global leader specializing in meeting the needs of ATR turboprop operators and this transaction adds further scale to their business. ALC anticipates that a majority of aircraft transfers will occur during the first half of[...]

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12 Jan 2015

Air Lease Corporation Delivering Eight New Boeing 777-300ER Aircraft this Year with Six Airlines

LOS ANGELES, California, January 12, 2014 — Today Air Lease Corporation (NYSE: AL) announced that, pursuant to long term lease agreements, ALC will deliver eight (8) new Boeing 777-300ER widebody aircraft to six (6) different airlines in 2015, all from ALC's order book with Boeing (NYSE: BA).

The following airlines are scheduled to take delivery of these new ALC Boeing 777-300ERs in 2015: Air France (1), Emirates (1), Korean Air (2), EVA Air (1), KLM (1), and Ethiopian Airlines (2).

In 2014, ALC delivered five (5) new Boeing 777-300ER aircraft on long term lease including two (2) to British Airways, two (2) to Air New Zealand and one (1) to Etihad[...]

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12 May 2014

Air Lease Corporation’s Fleet Reaches 200 Aircraft Milestone

LOS ANGELES, California, May 12, 2014 — Today Air Lease Corporation (NYSE: AL) announced its owned aircraft fleet has reached 200 aircraft. The milestone was achieved late last week, when Air Lease simultaneously delivered three new aircraft to three different lessees in three international cities on the same day.

On Friday, May 9th, a new Boeing 737-800 was delivered to MIAT Mongolian Airlines in Seattle, Washington; a new Airbus A321 was delivered to Thomas Cook Airlines in Hamburg, Germany; and a new ATR 72-600 was delivered to Golden Myanmar Airways in Toulouse, France. These aircraft were all from ALC’s order book, and are all on long term leases with these[...]

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07 May 2014

Air Lease Corporation Announces the Election of a New Independent Director

LOS ANGELES, California, May 7, 2014 — Today Air Lease Corporation (NYSE: AL) announced the election of a new independent director to its Board of Directors (the “ALC Board”) at the company’s annual meeting of stockholders. Marshall O. Larsen was elected to the ALC Board along with the seven currently serving members. Mr. Larsen also will serve on the ALC Board’s nominating and corporate governance committee.

“Marshall Larsen is an outstanding addition to our esteemed Board of Directors. His distinguished career leading Goodrich Corporation has given him a unique insight into the aerospace industry that will benefit our company and shareholders[...]

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13 Dec 2013

Air Lease Corporation Announces the Election of a New Independent Director and the Retirement of Three Directors

LOS ANGELES, California, December 13, 2013 — Today Air Lease Corporation (NYSE: AL) announced the election of a new independent director to its Board of Directors (the “ALC Board”). After conducting a thorough search process led by the nominating and governance committee of the ALC Board, Cheryl Gordon Krongard was unanimously elected to the ALC Board by the current directors effective immediately. Ms. Krongard also will serve on the ALC Board’s Compensation Committee.

“We are pleased to welcome Cheryl Krongard to our esteemed Board of Directors. Her outstanding reputation combined with her finance and aviation experience will benefit our company and[...]

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