Profile: Air Lease Corp (AL)

AL on New York Consolidated

37.79USD
28 May 2015
Change (% chg)

$-0.40 (-1.05%)
Prev Close
$38.19
Open
$38.07
Day's High
$38.22
Day's Low
$37.76
Volume
244,978
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581,413
52-wk High
$42.89
52-wk Low
$30.55

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Air Lease Corporation (ALC), incorporated on January 22, 2010, is an aircraft leasing company. The Company is principally engaged in purchasing new commercial jet transport aircraft directly from the manufacturers , such as The Boeing Company (Boeing) and Airbus S.A.S. (Airbus), and leasing those aircraft to airlines throughout the world. In addition to the leasing activities, the Company sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies and airlines. It also provides fleet management services to investors and owners of aircraft portfolios.

As of December 31, 2013, the Company has relationships with over 200 airlines across 70 countries. ALC 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. As of December 31, 2013, the Company owned 193 aircraft in its operating lease portfolio and it leased the aircraft to a globally diversified customer base comprised of 79 airlines in 47 countries. As of December 31, 2013, the Company had, in the aggregate, 327 aircraft on order with Boeing, Airbus and Avions de Transport Regional (ATR) for delivery through 2023.

Company Address

Air Lease Corp

2000 Avenue of the Stars Ste 100
LOS ANGELES   CA   90067-4734
P: +1310.5530555
F: +1310.5530999

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