Edition:
United States

Air Lease Corp (AL)

AL on New York Consolidated

28.01USD
29 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Air Lease Corp take delivery of first new Boeing 787 Dreamliner
Monday, 13 Jun 2016 06:32am EDT 

Air Lease Corp : Air lease corporation takes delivery of its first new boeing 787 dreamliner . First genx-powered 787-9 to operate in china .Second 787-9 is scheduled to deliver this fall.  Full Article

Air Lease announces sale of 25 Embraer aircraft to Nordic Aviation Capital
Monday, 6 Jun 2016 06:31am EDT 

Air Lease Corp : Transfers of these aircraft to NAC will begin this quarter and are expected to conclude in Q1 of 2017 . Agreement to sell 25 of its embraer E190 and E175 aircraft in its fleet to Nordic Aviation Capital A/S .Air Lease Corporation announces the sale of 25 Embraer aircraft to Nordic Aviation Capital.  Full Article

Air Lease Corporation raises unsecured revolving credit facility to $3.13 bln
Tuesday, 31 May 2016 06:04pm EDT 

Air Lease Corp : Extended maturity date from May 5, 2019 to May 5, 2020 and increased total revolving commitments to $3.13 billion from $2.78 billion . Lenders hold revolving commitments totaling $2.78 billion that mature on May 5, 2020; remaining revolving commitments maturing before May 5,2020 .Air Lease Corporation increases unsecured revolving credit facility to $3.13 billion.  Full Article

Air Lease delivers first of two new airbus aircraft to Frontier Airlines
Thursday, 12 May 2016 04:33pm EDT 

Air Lease Corp Says Second A320 : Air Lease Corporation delivers first of two new airbus A320-200 aircraft to Frontier Airlines .200 is scheduled to deliver in fall 2016.  Full Article

Air Lease Corporation Announces Pricing of Public Offering of $600 Million of 3.375% Unsecured Senior Notes Due 2021
Monday, 4 Apr 2016 08:49pm EDT 

Air Lease Corporation:Says pricing of its public offering of $600 million aggregate principal amount of 3.375% unsecured senior notes due 2021.Notes were offered to the public at a price of 99.059% of their face amount. The sale of the Notes is expected to close on April 11, 2016, subject to satisfaction of customary closing conditions.Notes will mature on June 1, 2021 and will bear interest at a rate of 3.375% per annum, payable semi-annually in arrears on June 1 and December 1 of each year, commencing on December 1, 2016.intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness.J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBC Capital Markets, LLC and SunTrust Robinson Humphrey, Inc. are acting as joint book-running managers for offering of Notes.  Full Article

Air Lease Corp announces the sale of its ATR Fleet to Nordic Aviation Capital
Wednesday, 23 Dec 2015 04:32pm EST 

Air Lease Corp:Says sale of 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S.Anticipates that a majority of aircraft transfers will occur during the first half of 2016.  Full Article

Air Lease Corp announces Lease Placement of Two New Boeing 787-9 Aircraft with El Al
Monday, 14 Dec 2015 06:31am EST 

Air Lease Corp:Announced an agreement to lease two new Boeing 787-9 Dreamliner aircraft to El Al.Both aircraft are on long-term lease from ALC's order book with Boeing and are scheduled to deliver to Israel's flag carrier airline in the third quarter and early fourth quarter of 2017.  Full Article

Air Lease Corp declares dividend
Thursday, 5 Nov 2015 04:01pm EST 

Air Lease Corp:Increased our annual cash dividend by 25%, from $0.16 per share per annum to $0.20 per share per annum.Next quarterly dividend of $0.05 per share will be paid on January 6, 2016 to holders of record of our common stock on December 14, 2015.  Full Article

Air Lease Corporation announces placement of one new atr 72-600 with liat
Tuesday, 29 Sep 2015 06:30am EDT 

Air Lease Corporation:Announces placement of one new ATR 72-600 with liat.Says the aircraft is from alc's order book with atr and is scheduled to deliver in the third quarter of 2016.  Full Article

Malaysia Airlines Berhad and Air Lease corporation sign lease agreements for Four Airbus A350s SEPANG, Malaysia & Los Angeles
Thursday, 10 Sep 2015 07:00am EDT 

Air Lease Corporation:Says Malaysia Airlines Berhad (MAB) and Air Lease Corporation signed long-term lease agreements for four (4) new Airbus A350-900s.Says the transaction also includes a lease option for two additional A350-900s and two A330-900neo aircraft.  Full Article

BRIEF-Air Lease announces placements of six new A321neo aircraft with Azores Airlines

* Air Lease Corporation announces placements of six new airbus A321neo aircraft with Azores Airlines