Profile: Air Lease Corp (AL)
18 Dec 2013
Air Lease Corporation, incorporated on January 22, 2010, is an aircraft leasing company. The Company is principally engaged in purchasing commercial aircraft which the Company, in turn, lease to airlines around the world. As of December 31, 2012, the Company's fleet consisted of 155 aircraft, comprised of 118 single-aisle narrowbody jet aircraft, 27 twin-aisle widebody jet aircraft and 10 turboprop aircraft, with a weighted average age of 3.5 years. The Company's fleet principally consists of fuel efficient single-aisle jet aircraft, twin-aisle widebody aircraft and turboprop aircraft. As of December 31, 2012, the Company acquired 155 aircraft.
The Company operates its business on a global basis, providing aircraft to airline customers in every geographical region, including markets such as Asia, the Pacific Rim, Latin America, the Middle East and Eastern Europe. In addition to the Company's leasing activities and management services, and depending on market conditions, the Company sells aircraft from its fleet to other leasing companies, financial services companies and airlines. As of December 31, 2012, the weighted average lease term remaining on the Company's leases was 6.8 years, and the Company leased the aircraft in its portfolio to 69 airlines in 40 countries.
Air Lease Corp
Suite 1000N, 2000 Avenue of the
LOS ANGELES CA 90067