Press Release - April 19, 2011
LOS ANGELES (April 19, 2011) — Air Lease Corporation (NYSE: AL) today announced that the underwriters for the Company’s initial public offering have exercised in full their over-allotment option to purchase an additional 4,542,450 shares of the Company’s Class A Common Stock. After giving effect to the completion of the initial public offering and the full exercise of the over-allotment option, the Company will have sold a total of...
Press Release - April 18, 2011
LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (NYSE: AL) today announced the pricing of its initial public offering of 30,283,020 shares of its Class A Common Stock at a public offering price of $26.50 per share. All shares included in the initial public offering are being sold by the Company. The Company has granted the underwriters an option to purchase up to an additional 4,542,450 shares of Class A Common Stock on the same terms and...
Press Release - April 11, 2011
LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (the “Company”) today announced the launch of its initial public offering of 25,000,000 shares of Class A Common Stock. All shares included in the initial public offering are being sold by the Company. The estimated initial public offering price is between $25.00 and $28.00 per share. The Company’s Class A Common Stock has been approved for listing on the New York Stock Exchange under the...
Press Release - December 1, 2010
LOS ANGELES, CA, December 1, 2010 – Air Lease Corporation today announced that, as of November 30, 2010, it has acquired B737-700, B737-800, A319-100, A320-200, A321-200, and A330-200 aircraft on lease to 24 airlines including Aer Lingus, AeroMexico, Air Arabia, AirAsia, Air Berlin, Air Canada, Air France, Air Macau, Etihad, Go, Interjet, Kingfisher, KLM, Norwegian, Sichuan, South African, Southwest, Spicejet, Spirit, TAM, Transavia, Virgin...
Press Release - August 13, 2010
LOS ANGELES, CA, August 13, 2010 – Air Lease Corporation, the global commercial aircraft lessor announced today the election of Mr. Jie Chen as Executive Vice President and Managing Director Asia."Mr. Chen has a long and distinguished career in the commercial airline leasing field, and we are gratified to have him join our organization" said John L. Plueger, President & COO of Air Lease Corporation."The Asian airline markets and especially...
Press Release - August 10, 2010
LOS ANGELES, CA, August 10, 2010 – Air Lease Corporation and Air Berlin have signed sale and lease-back agreements for two used B737-800's. The transaction was completed July 29, 2010."We are delighted to announce these two additional aircraft on top of the used A320 and two new aircraft already leased by ALC to Air Berlin. Air Berlin has been a strong supporter of ALC since inception and we value our partnership," said Steven F. Udvar-Hazy,...
Press Release - July 28, 2010
LOS ANGELES, CA, July 28, 2010 – Air Lease Corporation, a company led by Steven F. Udvar-Hazy, Chairman/CEO, and Air France have signed sale and lease-back agreements for one used A319-115, two new Airbus A320-200’s, one used Airbus A321-200, one used A330-200 and one new Boeing 777-300ER.The delivery of the three used aircraft occurred on June 30, 2010. The two new Airbus aircraft are scheduled for delivery in early 2011. The Boeing...
Press Release - July 15, 2010
LOS ANGELES, CA, July 15, 2010 – Air Lease Corporation (ALC), a new aircraft leasing company being launched by industry pioneer Steven Udvar-Házy and longtime aviation executive John L. Plueger, has secured initial financing of $3.3 billion, and aircraft acquisitions are already underway. Making the announcement were Mr. Udvar-Házy, Chairman and Chief Executive Officer of ALC, who co-founded and led International Lease Finance Corporation...