LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced today the closing of a new $966.5 million unsecured term loan facility that matures in December 2027. The proceeds of the loan will be used to finance the working capital needs of Air Lease Corporation and its subsidiaries and for general corporate purposes.
Sumitomo Mitsui Trust Bank, Limited, New York Branch and Oversea-Chinese Banking Corporation Limited acted as Joint Global Coor...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and nine months ended September 30, 2024
.
“Demand for commercial aircraft remains high, and we are continuing to place aircraft at rising lease rates, while also harvesting solid gains on sa...
LOS ANGELES--(BUSINESS WIRE)--
Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the third quarter of 2024.
As of September 30, 2024, ALC’s fleet was comprised of 485 owned aircraft and 64 managed aircraft, with 287 new aircraft on order from Airbus and Boeing set to deliver through 2029....
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) will host a conference call on November 7, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the third 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...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A220-300 to TAAG Angola Airlines, the national carrier of Angola. This is the first A220 aircraft to deliver on long-term lease to TAAG and is the first of six new A220-300s confirmed to deliver to the airline from ALC’s orderbook with Airbus.
“We are pleased to announce ALC’s first of six new A220-300 aircraft delivered to TAAG Angola Airlines,” said St...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) (the “
Company
”) announced the pricing today of its public offering of 300,000 shares (the “
Shares
”) of 6.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series D (the “
Series...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced today that Steven F. Udvar-Házy, Executive Chairman, will be presenting at the Deutsche Bank 14
th
Annual Aircraft Finance & Leasing Conference in New York City on Wednesday, September 4
th
at 1:30pm Eastern Time. The p...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 787-10 to Korean Air. This aircraft is the first of ten 787-10s confirmed to deliver to the Korean flag carrier from ALC’s orderbook with Boeing.
“ALC is thrilled to announce delivery of the first of ten new Boing 787-10 aircraft leased to our longtime customer, Korean Air. We are honored to continue to build on our strong relationship with Korean and s...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and six months ended June 30, 2024
.
“We continue to feel the effects of ongoing delays from the aircraft and engine manufacturers. We remain confident and optimistic about the value of our...
LOS ANGELES--(BUSINESS WIRE)--
Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A220-300 aircraft to Croatia Airlines. This is the first A220 to join the Croatian carrier’s fleet and the first of six new A220 aircraft confirmed to deliver to the airline from ALC’s orderbook with Airbus.
“Air Lease Corporation is honored to have been selected by Croatia Airlines as the first Lessor to introduce the A220 to the airline and support Cr...
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...