Profile: Air Lease Corp (AL)
26 May 2017
Air Lease Corporation, incorporated on January 22, 2010, is an aircraft leasing company. The Company is principally engaged in purchasing new commercial jet transport aircraft directly from aircraft manufacturers, such as The Boeing Company (Boeing) and Airbus S.A.S. (Airbus), and leasing those aircraft to airlines across the world. Along with its leasing activities, the Company sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies and airlines. The Company also provides fleet management services to investors and owners of aircraft portfolios for a management fee. The Company provides aircraft to airline customers in various markets, such as Asia, the Pacific Rim, Latin America, the Middle East, Europe, Africa and North America.
As of December 31, 2016, the Company had 237 owned aircraft and 30 aircraft in its managed fleet portfolio. As of December 31, 2016, the Company leased and managed aircraft to a globally diversified customer base consisting of 85 airlines in 51 countries. As of December 31, 2016, the Company owned 237 aircraft, consisting of 188 single-aisle narrowbody jet aircraft and 49 twin-aisle widebody jet aircraft, with a weighted average age of 3.8 years. In addition, it also managed 30 jet aircraft for third party owners on a fee basis as of December 31, 2016. As of December 31, 2016, the Company leased aircraft by aircraft type, including Airbus A319-100, Airbus A320-200, Airbus A320-200neo, Airbus A321-200, Airbus A330-200, Airbus A330-300, Boeing 737-700, Boeing 737-800, Boeing 767-300ER, Boeing 777-200ER, Boeing 777-300ER, Boeing 787-9 and Embraer E190.
Air Lease Corp
2000 Avenue of the Stars Ste 100
LOS ANGELES CA 90067-4734
Company Web Links
- Nordic airline Primera orders Boeing 737 MAX planes to fly transatlantic
- BRIEF-Air Lease Corp announces the lease placement of eight new Boeing 737 max 9 aircraft with Primera Air Nordic
- BRIEF-Air Lease Corp diluted earnings per share $0.78
- BRIEF-Air Lease increases unsecured revolving credit facility
- BRIEF-Air Lease announces lease placement of new Boeing 787-9 dreamliner