Air Lease Corporation Activity Update for the First Quarter of 2017
April 04 2017 - 6:31AM
Today Air Lease Corporation (NYSE:AL) (“ALC”) announced an update
on activity taking place in the first quarter of 2017:
Business highlights:
- At the end of the first quarter of 2017, ALC’s fleet was
comprised of 243 owned aircraft and 31 managed aircraft
- As scheduled, delivered 11 new aircraft including 6 Boeing
737-800s, 2 Boeing 777-300ERs, 1 Boeing 787-9 and 2 Airbus
A320neos
- Concluded the sale of the remaining 5 Embraer aircraft to
Nordic Aviation Capital
Financing updates:
- On March 8th, closed the sale of $500 million 3.625% unsecured
senior notes due 2027
About Air Lease Corporation (NYSE:AL)
ALC is a leading aircraft leasing company based
in Los Angeles, California that has airline customers
throughout the world. ALC and its team of dedicated and
experienced professionals are principally engaged in
purchasing commercial aircraft and leasing them to its airline
customers worldwide through customized aircraft leasing and
financing solutions. For more information, visit ALC's
website at www.airleasecorp.com.
Investors:
Mary Liz DePalma
Director of Investor Relations
Email: mdepalma@airleasecorp.com
Media:
Laura St. John
Manager, Media and Investor Relations
Email: lstjohn@airleasecorp.com
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