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News Stories (12 Results) - Air Lease Corp

Air Lease Corporation (ALC) announced the appointment of Daniel Verwholt as Treasurer effective May 1, replacing AJ Abedin who will join the company’s marketing team after holding the position of Treasurer since 2015.Verwholt joined Air Lease in 2017... Read Story
May 03, 2018, 07:20 AM


Air Lease Corporation announced a long term lease agreement with Aeromexico for one additional new Boeing 787-9 aircraft with General Electric engines. The aircraft is from ALC's order book with Boeing and will be Aeromexico's fourth new 787-9 lease... Read Story
August 14, 2017, 07:04 AM


Air Lease Corporation 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 for the purpose of investing in commercial aircraft and... Read Story
August 04, 2017, 07:22 AM


Air Lease Corporation announced the long term lease placement of eight new Boeing 737 MAX 9 aircraft with Primera Air Nordic (Latvia). The aircraft are outfitted with CFM LEAP 1B engines and are scheduled to deliver from ALC’s order book with Boeing... Read Story
May 12, 2017, 07:00 AM


Air Lease Corporation announced long term lease agreements with China Southern Airlines for five new Boeing 787-9 aircraft outfitted with GE’s GEnx engines, all from ALC’s order book with Boeing.  Delivery of the aircraft is scheduled to begin in the... Read Story
February 06, 2017, 07:00 AM


Air Lease Corporation announced 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... Read Story
June 20, 2016, 07:10 AM


Air Lease Corporation announced the sale of 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S (“NAC”). These ATR aircraft have served ALC well in meeting the demand from airline customers operating shorter sector lengths. As the business... Read Story
December 28, 2015, 06:40 AM


Air Lease Corporation announced the closing of a 4 year unsecured revolving bank credit facility for $1.7 billion priced at LIBOR +1.45%, with no LIBOR floor. This new facility amends and updates the existing bank facility, by increasing the size... Read Story
May 08, 2013, 06:45 AM


According to Fitch Ratings, long-term credit fundamentals in the aircraft leasing industry are being supported by a number of factors, including growth in global air travel demand, capital constraints among the world's airlines, and the aircraft... Read Story
July 13, 2012, 06:48 AM


Boeing and Air Lease Corporation announced a firm order for 60 737 MAX 8 and 15 737 MAX 9 airplanes, with reconfirmation rights for 25 additional 737 MAXs. The order, with a list-price value of $7.2 billion, represents the first 737 MAX order by a... Read Story
July 09, 2012, 06:35 AM


Bloomberg reported Boeing may win the first order by a lessor for its 737 MAX jet as Steven Udvar- Hazy’s Air Lease Corp. is studying a deal to buy 60 to 100 of the jets. According to the Bloomberg report, Air Lease signed a firm order this month for... Read Story
June 13, 2012, 07:00 AM


Reuters reported that American International Group (AIG) has sued Steven Udvar-Hazy, the co-founder and former chief executive of International Lease Finance Corp (ILFC), its aircraft-leasing unit, accusing him and other former employees of stealing... Read Story
April 25, 2012, 07:30 AM