LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced the long-term lease placement and delivery of one used Airbus A321-200neo aircraft with Centrum Air (Uzbekistan), one of the leading airlines in Uzbekistan. This aircraft is the airline’s first A321neo.
“We are very pleased with the placement of this A321neo aircraft with Centrum Air. Centrum and its sister cargo-airline, My Freighter, have been successfully serving the rapidly growing Uzbek air transport market since...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo to Condor. This aircraft is the first of 19 new Airbus aircraft confirmed to deliver to the airline from ALC’s orderbook with Airbus through 2027, including 17 A321-200neos and two A320-200neos. In addition to these aircraft, ALC currently has three A321s and two A320s on long-term lease to the airline.
“ALC is pleased to announce this significant first of 19 new Airbus...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the second quarter of 2024.
As of June 30, 2024, ALC’s fleet was comprised of 474 owned aircraft and 67 managed aircraft, with 307 new aircraft on order from Boeing and Airbus set to deliver through 2029.
Aircraft Investments
- Delivered 13 new aircraft from ALC’s orderbook including two Airbus A220s, five Airbus A32...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) will host a conference call on August 1, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the second quarter of 2024.
Investors can participate in the conference call by dialing 1 (888) 596-4144 domestic or 1 (646) 968-2525 international. The passcode for the call is 5952437.
The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on June 17, 2024 of its public offering of $600.0 million aggregate principal amount of 5.30% senior unsecured medium-term notes due June 25, 2026 (the “2026 Notes”) and $600.0 million aggregate principal amount of 5.20% senior unsecured medium-term notes due July 15, 2031 (the “2031 Notes” and, together with the 2026 Notes, the “Notes”). The sale of the Notes is expected to close on June 25, 2...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months ended March 31, 2024.
“With aircraft in short supply and values rising, we benefit from continued fleet expansion and sales activity in an industry backdrop that remains positive. We see this environment continuing for the near to medium term future,” said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Házy, Executive Chairman of the Board.
F...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent whereby the company extended the final maturity date of the facility from May 5, 2027 to May 5, 2028 and amended the total revolving commitments to approximately $7.8 billion from $7.4 billion across 52 financial institutions as of May 5, 2024. The senior unsecured revolving credit facility accrues interest at...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024.
As of March 31, 2024, ALC’s fleet was comprised of 472 owned aircraft and 73 managed aircraft, with 320 new aircraft on order from Boeing and Airbus set to deliver through 2028.
Aircraft Investments
Delivered 14 new aircraft from ALC’s order book including two Airbus A220s, one Airbus A320...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) will host a conference call on May 6, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the first 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.
The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www....
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) (the “Company”) announced the closing on March 27, 2024 of its previously announced offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”). The Notes mature on April 15, 2030 and bear interest at a rate of 3.70% per annum, payable annually in arrears on April 15 of each year, commencing on April 15, 2024.
“We are pleased to announce the successful closing...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on March 20, 2024 of its offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”). The sale of the Notes is expected to close on March 27, 2024, subject to satisfaction of customary closing conditions.
The Notes will mature on April 15, 2030 and will bear interest at a rate of 3.70% per annum, payable annually in arrears...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for two new Airbus A321-200neo aircraft with Transavia. Confirmed to deliver in late 2025 and early 2026, these two new Airbus A321-200neos join seven A321-200neos ALC has leased to Transavia. The first ALC A321neo aircraft delivered to Transavia in December 2023 and was the first A321-200neo to join the Dutch carrier’s fleet.
“ALC is pleased to announce this transaction for two additio...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) 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 speaking at the J.P. Morgan Industrials Conference 2024 in New York City on Wednesday, March 13, 2024 at 1:30 p.m. Eastern Time. ALC’s participation will be broadcast live through a link on the Investors page of the Air Lease Corpo...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for three new Boeing 787-9 aircraft with Thai Airways International. These three Dreamliner aircraft are confirmed to deliver to the Thai carrier in 2025 from ALC’s order book with Boeing.
“We are pleased to announce this transaction for three new Boeing 787-9 aircraft with new customer, Thai Airways International,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation....
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on February 20, 2024 of its offering of C$400 million aggregate principal amount of additional 5.40% senior unsecured medium-term notes due June 1, 2028 (the “Notes”). The sale of the Notes is expected to close on February 28, 2024, subject to satisfaction of customary closing conditions.
The Notes will mature on June 1, 2028 and will bear interest at a rate of 5.40% per annum, payable semi-...