SOURCE: AirbusLessor to meet market demand with more modern and fuel-efficient aircraft Air Lease Corporation (NYSE: AL), the Los Angeles based aircraft leasing company announced a firm order for three A350-900s and one A321 at the Farnborough Airshow to meet strong market demand for more modern and fuel-efficient aircraft. Including today’s announcement, ALC’s portfolio of Airbus aircraft stands at a total of 267, of which 70 are...
LOS ANGELES, July 5, 2016 -- Air Lease Corporation will host a conference call on August 4, 2016 at 4:30 PM Eastern Time to discuss the Company's financial results for the second quarter of 2016.Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. The passcode for the call is 42459791.The conference call will also be broadcast live through a link on the Investors page of the Air...
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,...
First of Two New Boeing 787-9 Aircraft to Hainan AirlinesFirst GEnx-powered 787-9 to operate in ChinaLOS ANGELES, California, June 13, 2016 — Air Lease Corporation (NYSE: AL) delivered its first Boeing 787 in Everett, Washington on June 7, 2016. The aircraft, a Boeing 787-9 on long term lease to Hainan Airlines, is the first of two new Boeing 787-9 deliveries from ALC’s order book with Boeing. The second 787-9 is scheduled to deliver this...
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...
LOS ANGELES, May 31, 2016 – On May 27, 2016, Air Lease Corporation (the “Company”) amended and extended its unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent and the lenders named therein (as amended, the “Syndicated Unsecured Revolving Credit Facility”) whereby the Company extended the maturity date from May 5, 2019 to May 5, 2020 and increased total revolving commitments to $3.13 billion from...
LOS ANGELES, May 25, 2016 – Air Lease Corporation (NYSE: AL) announced today the placement of three new Airbus A321-200 CEOs, one new Airbus A321-200neo and one new A320-200neo aircraft on long-term leases to WOW air (Iceland). One A321-200 CEO delivered to the airline earlier this month, with the remaining two A321-200 CEOs delivering in Q3 and Q4 2016. The A320-200neo and A321-200neo aircraft are scheduled to deliver in Q1 2017 and Q1...
LOS ANGELES, May 23, 2016 - Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for an additional two new Airbus A350-900 aircraft with Malaysia Airlines Berhad. This transaction follows ALC’s September 2015 placement of four new A350-900s with the airline. The two new aircraft are scheduled to deliver in the second quarter of 2018 from ALC’s order book with Airbus. “ALC couldn’t be more pleased to place...