Air Lease Corporation and Air Berlin Sign a Sale and Lease-Back Agreement for Two Used B737-800 Aircraft
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, Chairman and CEO of Air Lease Corporation.
Ulf Hüttmeyer, CFO of Air Berlin PLC, stated: "The new strategic partnership with Air Lease has already proven successful if we take into account that this is the second[...]
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 777-300ER aircraft is scheduled for delivery later this year.
“We are extremely pleased to continue a long-standing and important relationship with one of the world’s premier airlines. We look forward to furthering our[...]
Air Lease Corporation, The New Global Aviation Venture, is Ready For Take-Off With Substantial Financing and a Top-Flight Senior Management Team
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 (ILFC) for 37 years, and Mr. Plueger, President and COO of ALC."We are gratified by the confidence investors have placed in our management team through this process, and we are working tirelessly to justify that confidence," said Mr.[...]Read more...