Key Developments: Air Lease Corp (AL)

AL on New York Consolidated

36.41USD
10 Jul 2014
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$-0.55 (-1.49%)
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Latest Key Developments (Source: Significant Developments)

Air Lease Corp declares quarterly cash dividend
Thursday, 27 Feb 2014 04:03pm EST 

Air Lease Corp:Declares quarterly cash dividend of $0.03 per share.  Full Article

Air Lease Corp announces the placement of one new Boeing 777-300ER with Air France
Tuesday, 14 Jan 2014 04:33pm EST 

Air Lease Corp:Says a long term lease agreement with Air France for one new Boeing 777-300ER aircraft from ALC's order book, which is scheduled for delivery in the fourth quarter of 2015.  Full Article

Air Lease Corp announces placement of two new Airbus A321-200s with Sichuan Airlines
Wednesday, 8 Jan 2014 07:50pm EST 

Air Lease Corp:Says long term lease agreements with Sichuan Airlines (China) for two new Airbus A321-200 aircraft with Sharklets powered by IAE V2533 engines, which are scheduled for delivery in May and Oct.  Full Article

Air Lease Corp Announces Pricing of Secondary Public Offering of Class A Common Stock
Thursday, 21 Nov 2013 08:26am EST 

Air Lease Corp announced the pricing of the underwritten public offering of 10,138,888 shares of its Class A Common Stock by affiliates of Ares Management LLC, Leonard Green & Partners, L.P. and WL Ross & Co. LLC. The shares of Class A Common Stock were offered to the public at $31.50 per share. The offering is expected to close on November 26, 2013, subject to satisfaction of customary closing conditions. The Company is not selling any shares of Class A Common Stock in the offering and will not receive any proceeds from the sale nor incur any expenses from the sale. The total number of shares of the Company`s Class A Common Stock outstanding will not change as a result of this offering. Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering.  Full Article

Air Lease Corp Announces Secondary Public Offering Of Class A Common Stock
Wednesday, 20 Nov 2013 05:18pm EST 

Air Lease Corporation announced that the commencement of an underwritten public offering of 10,138,888 shares of its Class A Common Stock by affiliates of Ares Management LLC, Leonard Green & Partners, L.P. and WL Ross & Co. LLC. The Company is not selling any shares of Class A Common Stock in the offering and will not receive any proceeds from the sale nor incur any expenses from the sale. The total number of shares of the Company`s Class A Common Stock outstanding will not change as a result of this offering. Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering.  Full Article

Air Lease Corp Completes Public Offering Of Senior Notes - Form 8-K
Tuesday, 19 Nov 2013 04:01pm EST 

Air Lease Corp reported in its Form 8-K that on November 19, 2013, Air Lease Corporation (Company) completed a public offering of $700,000,000 in aggregate principal amount of its 3.375% Senior Notes due 2019. The Notes were offered pursuant to the Company’s Registration Statement on Form S-3 filed with the Securities and Exchange Commission (SEC) on October 12, 2012, as supplemented by the prospectus supplement, dated November 12, 2013. The Company intends to use the net proceeds from the Notes offering, which are approximately $693.9 million, after deducting the underwriting discount and estimated offering expenses payable by the Company, for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness. Affiliates of the underwriters in the Notes offering may receive a portion of the net proceeds to the extent the Company uses any net proceeds to repay indebtedness under which certain of such underwriters or their affiliates are lenders.  Full Article

Air Lease Corp Announces Sales Of Equity Securities-Form 8-K
Friday, 18 Oct 2013 04:31pm EDT 

Air Lease Corp reported in its Form 8-K that on October 15, 2013, Air Lease Corporation (Company) entered into an exchange agreement with an existing security holder of the Company, pursuant to which the Company agreed to issue 1,829,339 shares of its Class A Common Stock, par value $0.01 per share, to such security holder in exchange for an equal number of shares of the Company’s Class B Non-Voting Common Stock, par value $0.01 per share. Following the satisfaction of certain closing conditions, the Exchange closed on October 17, 2013. No commission or other remuneration was paid or given directly or indirectly for solicitation of the Exchange, and no cash consideration was paid for the shares of Class A Common Stock issued in the Exchange.  Full Article

Air Lease Corp Declares Quarterly Cash Dividend
Thursday, 8 Aug 2013 04:01pm EDT 

Air Lease Corp announced that board of directors approved third consecutive quarterly cash dividend of $0.025 per share on outstanding common stock. The dividend will be paid on October 7, 2013 to holders of record of our common stock as of September 17, 2013.  Full Article

Air Lease Corp Announces Placement Of One New Boeing 737-800 And Six Lease Extensions With Air Berlin-DJ
Monday, 5 Aug 2013 04:38pm EDT 

Dow Jones reported that Air Lease Corporation announced a long term lease agreement with Air Berlin for one new Boeing 737-800 aircraft scheduled for delivery in February 2016, as well as lease extensions on six aircraft in their fleet. The extensions average five year additional terms on four Boeing 737-800s, one Airbus A320-200, and one Airbus A321-200.  Full Article

Air Lease Corp Announces The Placement Of Two New Airbus A321-200s With Monarch Airlines
Monday, 1 Jul 2013 08:56am EDT 

Air Lease Corp announced long term lease agreements with Monarch Airlines (United Kingdom) for two new Airbus A321-200 aircraft with Sharklets and powered by IAE V2533 engines, which are scheduled for delivery in April and May of 2015.  Full Article

Air Lease Corp interested in possible revamp of Airbus A330

DOHA - U.S. leasing company Air Lease Corp is interested in a possible upgraded version of European planemaker Airbus Group's A330 passenger jet, a senior company executive said on Sunday.

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