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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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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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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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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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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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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15 Oct 2018

Air Lease Corporation CEO John Plueger to be interviewed by John Leahy at Airline Economics Growth Frontiers NY

LOS ANGELES, October 15, 2018 – Air Lease Corporation (NYSE: AL; “ALC”) announced today that Mr. John L. Plueger, Chief Executive Officer and President of ALC, will be interviewed by Mr. John Leahy, retired Chief Operating Officer - Customers - Airbus Commercial Aircraft, at Airline Economics Growth Frontiers New York 2018.   The interview will take place at 10:15am ET on Thursday, October 18th at The 3 West Club in New York City. For further details, please visit the Airline Economics Growth Frontiers New York 2018 conference website at http://www.aviationnews-online.com/conferences/newyork/. The interview will be broadcast live through a link on the[...]

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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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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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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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17 Jan 2019

Air Lease Corporation to Participate in 2019 Dublin Conferences

LOS ANGELES, January 17, 2019 – Air Lease Corporation (NYSE: AL) (“ALC”) announced today that Steven F. Udvar-Házy, Executive Chairman, John L. Plueger, Chief Executive Officer and President, Gregory B. Willis, Executive Vice President and Chief Financial Officer, and Ryan McKenna, Vice President and Head of Strategic Planning, will be participating in the Airline Economics Growth Frontiers Dublin 2019 and Airfinance Journal Dublin 2019 conferences (together, the “Conferences”) during the week of January 21, 2019.  For further details on the aforementioned speaking engagements, please visit the schedule or agenda located on the respective websites of the[...]

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28 Feb 2019

Air Lease Corporation to Participate in J.P. Morgan Aviation, Transportation and Industrials Conference

LOS ANGELES, February 28, 2019 – 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 participating in a fireside chat at the J.P. Morgan Aviation, Transportation and Industrials Conference in New York City on Wednesday, March 6, 2019 at 8:00 a.m. Eastern Time. The presentation will be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com.  Alternatively, virtual attendees may access the webcast directly via this[...]

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28 Aug 2018

Air Lease Corporation to Participate in Upcoming September Conferences

LOS ANGELES, August 28, 2018 - Air Lease Corporation (NYSE: AL) announced today that Executives from the Company will be speaking at the following conferences in September: September 5, 2018: Steven F. Udvar-Házy, Executive Chairman, will be presenting at the Deutsche Bank 8th Annual Aircraft Finance & Leasing Conference in New York City September 12, 2018: John L. Plueger, Chief Executive Officer and President, will be speaking at the Morgan Stanley 6th Annual Laguna Conference in Dana Point, California September 13, 2018: John L. Plueger will be presenting at the Barclays Global Financial Services Conference in New York City September 13, 2018: Steven F. Udvar-Házy[...]

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