LOS ANGELES, California, March 19, 2015 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Air Austral for two new Boeing 777-300ER aircraft. Both aircraft are from ALC’s order book with Boeing and are scheduled to deliver in the fall of 2016.
“We are delighted to lease two more new 777-300ERs to Air Austral, a long-time customer of ALC. Our management team has a great relationship with Air Austral and we are happy to support the renewal of their twin-aisle fleet with the addition of these modern, fuel-efficient aircraft,” said Marc Baer, Executive Vice President of Air Lease Corporation.
ALC firms up order for 55 Airbus aircraft: Signals strong demand for Airbus’ latest A330neo and A321LR models
SOURCE: Airbus; March 9, 2015
Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company, has firmed up its order for 55 Airbus aircraft, comprising 25 A330-900neo and 30 A321LR - the very latest members of Airbus’ modern, fuel-efficient aircraft family.
ALC was first to sign up for the newest member of Airbus’ market leading widebody family, the A330neo, announcing a commitment for 25 A330-900neo during the launch at the 2014 Farnborough International Airshow. ALC was also the first to commit to the A321LR, the newest variant of the A321neo, after signing a Memorandum of Understanding for 30 at the launch in January 2015, increasing its[...]
Air Lease Corporation Announces the Delivery of a New Boeing 777-300ER to Emirates and an Airbus A321-200 to Iberia
LOS ANGELES, California, March 9, 2015 — Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 777-300ER to Emirates, and one Airbus A321-200 (MSN 2270) to Iberia (Spain).
“The strength of our order book combined with our ability to identify and execute aircraft acquisitions will drive long term growth at ALC. We are very pleased to see this strategy unfold as we deliver this 777-300ER to our long term customer Emirates, and also this A321-200 to our new customer Iberia,” said Gregory B. Willis, Senior Vice President and CFO of ALC.
This press release contains forward-looking statements within the[...]
Air Lease Corporation Announces the Lease Placement of Two New Boeing 737 MAX 8 Aircraft with Travel Service
LOS ANGELES, California, March 4, 2015 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Travel Service (Czech Republic) for two new Boeing 737 MAX 8 aircraft. Both aircraft are from ALC’s order book with Boeing and scheduled for delivery in spring 2018 and 2019.
“We have an excellent relationship with Travel Service, the Czech Republic’s largest airline, and are pleased with the opportunity to expand and modernize their jet fleet with these MAX aircraft. New technologies in the MAX 8 aircraft bring efficiency and passenger comfort that will further Travel Service’s competitive edge in the European markets they serve,” said Alex[...]
Air Lease Corporation Announces the Lease Placement of Two New Boeing 787-9 Aircraft with Air Tahiti Nui
LOS ANGELES, California, March 3, 2015 - Today Air Lease Corporation (NYSE: AL) announced an agreement to lease two new Boeing 787-9 Dreamliner aircraft to Air Tahiti Nui. Both aircraft are from ALC’s order book with Boeing and scheduled to deliver to French Polynesia’s flag carrier airline in the fall of 2018.
“We are very pleased to announce this lease placement with Air Tahiti Nui, a new customer for ALC. We believe the efficiency and interior design of the new Dreamliner aircraft will strengthen Air Tahiti Nui’s market position, enhance the customer travel experience, and expand Tahitian tourism – all of which will impact the airline’s long term stability and[...]
Los Angeles, California, February 26, 2015 — Air Lease Corporation (ALC) (NYSE: AL) announced today financial results for the year and three months ended December 31, 2014. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press.Read more...
LOS ANGELES, California, February 12, 2015 — Today Air Lease Corporation (NYSE: AL) announced the delivery of one new ATR 72-600 aircraft to APEX Airlines (Myanmar), a new customer for ALC. This aircraft is from ALC’s order book with ATR.
“ALC is pleased to add APEX Airlines as a new customer. This fuel efficient ATR 72-600 will support APEX’s growth in Myanmar’s rapidly expanding commercial aviation industry,” said Chi Yan, Vice President of Air Lease Corporation.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery[...]
LOS ANGELES, California, February 10, 2015 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Volaris (NYSE: VLRS and BMV: VOLAR) the ultra-low-cost airline serving Mexico and the United States, for two new Airbus A321-200 aircraft with Sharklets powered by IAE V2533-A5 engines. Both aircraft are from ALC’s order book with Airbus and scheduled for delivery in spring 2015.
“ALC is pleased to support Volaris with the introduction of the very first A321s in their fleet. These aircraft will play an important role in addressing slot constraints out of Mexico City Airport, allowing Volaris to efficiently serve Mexico’s growing economy and[...]
LOS ANGELES, California, January 12, 2014 — Today Air Lease Corporation (NYSE: AL) announced that, pursuant to long term lease agreements, ALC will deliver eight (8) new Boeing 777-300ER widebody aircraft to six (6) different airlines in 2015, all from ALC's order book with Boeing (NYSE: BA).
The following airlines are scheduled to take delivery of these new ALC Boeing 777-300ERs in 2015: Air France (1), Emirates (1), Korean Air (2), EVA Air (1), KLM (1), and Ethiopian Airlines (2).
In 2014, ALC delivered five (5) new Boeing 777-300ER aircraft on long term lease including two (2) to British Airways, two (2) to Air New Zealand and one (1) to Etihad[...]
LOS ANGELES, January 8, 2015 -- Air Lease Corporation will host a conference call on February 26, 2015 at 4:30 PM Eastern Time to discuss the Company's year end financial results for 2014.
Investors can participate in the conference call by dialing (800) 299-9630 domestic or (617) 786-2904 international. The passcode for the call is 38284996.
The conference call will also be broadcast live through a link on the Investor Relations page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available on[...]
Air Lease Corporation Announces Pricing of Public Offering of $600 Million of 3.750% Unsecured Senior Notes due 2022
LOS ANGELES, California, January 7, 2015 — Air Lease Corporation (NYSE: AL) (the “Company”) today announced the pricing of its public offering of $600 million in aggregate principal amount of 3.750% unsecured senior notes due 2022 (the "Notes”). The Notes were offered to the public at a price of 99.289% of par. The sale of the Notes is expected to close on January 14, 2015, subject to satisfaction of customary closing conditions.
The Notes will mature on February 1, 2022 and will bear interest at a rate of 3.750% per annum, payable semi-annually in arrears on February 1 and August 1 of each year, commencing on August 1, 2015.
The Company intends to use the net[...]
LOS ANGELES, California, December 16, 2014 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement for an additional new ATR 72-600 with KALSTAR Aviation (Indonesia), delivering from our order book with ATR in the second half of 2015. The aircraft will join two other ATR 72-600 aircraft already operated by the airline, also on long term lease from ALC.
“We are delighted to announce this additional ATR 72-600 lease placement with KALSTAR, underlining ALC’s commitment to the airline’s growth plans in Southeast Asia. These ATR aircraft will be essential components of KALSTAR’s fleet modernization as they continue to upgrade their fleet with[...]
LOS ANGELES, California, December 8, 2014 — Maldivian, the national airline of the Maldives, and Air Lease Corporation (NYSE: AL) announced today the long term lease contract of one Airbus A321-200 (MSN 2599). The aircraft will deliver in the first quarter of 2015 and will join the Airbus A320 already operated by the airline, also on long term lease from ALC.
"Maldivian will operate the A321 on lease from ALC on its growing network connecting Male, Maldives with cities in South Asia, China and Southeast Asia,” said Kishore Korde, Senior Vice President of Air Lease Corporation.
"We are delighted by our association with ALC and this lease contract for our second[...]
Air Lease Corporation Announces the Lease Placement of Two New Boeing 737-800s and Four New Boeing 737 MAX 8 Aircraft with Sunwing Airlines
LOS ANGELES, California, December 3, 2014 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Sunwing Airlines (Canada) covering two new Boeing 737-800 aircraft and four new Boeing 737 MAX 8 aircraft. These aircraft, all from ALC's order book, are scheduled to deliver over a four year period commencing in 2016.
"ALC is pleased to support Sunwing's current and new generation single aisle fleet program. The six new aircraft complement our Boeing 737-800 currently under lease with Sunwing," said John L. Plueger, President and Chief Operating Officer of Air Lease Corporation.
President of Sunwing Airlines, Mark Williams, commented,[...]
Air Lease Corporation Partners in a New Aircraft Leasing Joint Venture, Blackbird Capital I, To Acquire up to $2 Billion in Aircraft
LOS ANGELES, California, November 6, 2014 — Air Lease Corporation (NYSE: AL) (the “Company” or “ALC”) today announced that a wholly-owned subsidiary of the Company entered into a joint venture with a co-investment vehicle (the “JV Partner”) arranged by Napier Park Global Capital (US) LP (“Napier Park”) for the purpose of investing in commercial aircraft and leasing them to airlines around the globe. The newly formed entity with committed equity and debt capital is named Blackbird Capital I LLC (“Blackbird Capital I”) and 90.5% of the equity is owned, through the JV Partner, by a pooled investment vehicle of long-term institutional investors managed by Napier[...]Read more...