• Press Release - June 24, 2013

  Air Lease Corporation Amends and Extends $1 Billion Bank Warehouse Facility

  LOS ANGELES, California, June 24, 2013 — On June 21, 2013, Air Lease Corporation (NYSE: AL) executed an amendment to its Bank Warehouse Facility. This facility, as amended, provides ALC with financing of up to $1 billion. ALC is able to draw on the amended facility during an availability period that was extended to June 2015 with a subsequent 4 year term out option. The interest rate on the facility was reduced to LIBOR plus 2.25% on drawn...

• Press Release - June 20, 2013

  Air Lease Corporation Orders Five ATR 72-600s

  SOURCE: ATR / EADSThe U.S. leasing company brings their portfolio of ATRs up to 21 aircraftTOULOUSE, June 20, 2013 -- The European turboprop manufacturer ATR and the leasing company Air Lease Corporation (NYSE: AL) announced an agreement today for the purchase of five ATR 72-600s. Air Lease Corporation (ALC) has purchased ATRs every year since its first order for 10 aircraft at Farnborough in 2010, and this order will bring ALC's ATR fleet to 21...

• Press Release - June 19, 2013

  Air Lease Corporation Selects Pratt & Whitney PurePower® Engines for Airbus A320/A321 neo Aircraft

  SOURCE: Pratt & WhitneyPARIS, June 19, 2013 – Air Lease Corporation (NYSE:AL) has signed a Memorandum of Understanding for Pratt & Whitney PurePower PW1100G-JM engines to power its order of 30 firm A320/A321 neo aircraft. Deliveries are scheduled to start in 2016. Pratt & Whitney is a division of United Technologies Corp. (NYSE:UTX).“We are pleased to add these Pratt & Whitney PurePower PW1100G-JM-powered Airbus A320/A321 neo aircraft to our...

• Press Release - June 18, 2013

  Rolls-Royce to Power New Air Lease Corporation Dreamliners

  SOURCE: Rolls-RoyceLE BOURGET, France, June 18, 2013 -- Rolls-Royce has won an order from Air Lease Corporation (NYSE: AL), worth $160 million at list prices, for Trent 1000 engines to power four Boeing 787-9 Dreamliner aircraft.The order marks the first Trent 1000 selection by the US aircraft leasing company.Steven Udvar-Hazy, Chairman and Chief Executive Officer, Air Lease Corporation, said: "This is ALC's first selection of Trent 1000...

• Press Release - June 18, 2013

  Boeing and Air Lease Corporation Announce Commitment for 30 787-10Xs

  Leasing company also commits to three additional 787-9sSOURCE: BoeingLE BOURGET, France, June 18, 2013 /PRNewswire/ -- Boeing (NYSE: BA) announced today at the Paris Air Show a memorandum of understanding with Air Lease Corporation (ALC) to purchase 33 airplanes. The Los Angeles-based leasing company has committed to order three 787-9 and 30 787-10X Dreamliners.Boeing looks forward to working with ALC to finalize the details of the agreement, at...

• Press Release - June 18, 2013

  Air Lease Corporation Announces the Placement of One New Boeing 777-300ER with Etihad Airways

  LOS ANGELES, California, June 18, 2013 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with Etihad Airways for one new Boeing 777-300ER aircraft, which is scheduled for delivery September 2014.Alex Khatibi, Executive Vice President of Air Lease Corporation, said: “Following our recent placement of a new Airbus A321, ALC is pleased to have reached an agreement with Etihad Airways for the long term lease of one...

• Press Release - June 4, 2013

  Aeromar introduces first ATR -600 in Mexico

  SOURCE: ATR The carrier leases its first ATR -600 series aircraft from Air Lease CorporationMexico's second biggest domestic carrier Aeromar today took delivery of its first of 2 ATR 72-600 to be acquired on long-term lease from Air Lease Corporation (ALC). The delivery sees Aeromar become the first operator of the ATR -600 series aircraft in the region. In addition, the new airplanes will be the premier turboprops up to 70 seats in Mexico....

• Press Release - June 4, 2013

  Air Lease Corporation Announces the Placement of Two New ATR 72-600s with Golden Myanmar Airlines

  LOS ANGELES, California, June 4, 2013 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with Golden Myanmar Airlines (GMA) for two new ATR 72-600 aircraft, which are scheduled for delivery in January and March of 2014. “We are pleased to add Golden Myanmar Airlines to our growing list of Asian airline clients and welcome GMA as our first lessee in Myanmar (Burma), where tourism is increasing at a rapid rate,”...