27 Mar 2017

Air Lease Corporation Announces Lease Placement of Two New Boeing 787-9 Dreamliners with Air Canada

LOS ANGELES, California, March 27, 2017 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Air Canada for two new Boeing 787-9 aircraft with General Electric engines. "We are pleased to continue to develop our long relationship with Air Canada with the lease of two new Boeing 787-9 aircraft. The first was allocated to Blackbird Capital and acquired in January 2017. The second was delivered on March 24, 2017 and leased from ALC. Both aircraft add to Air Canada's modern state of the art long haul jet fleet, which is one of the youngest in North America," said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation.[...]

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06 Mar 2017

Air Lease Corporation Announces Lease Placement of Seven New Airbus A321neo LR Aircraft with Aer Lingus

LOS ANGELES, California, March 6, 2017 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Aer Lingus for seven new Airbus A321neo LR aircraft to operate on transatlantic and other routes. The aircraft are from ALC’s order book with Airbus. "The lease of the A321neo LR aircraft from ALC is the culmination of a long relationship with Aer Lingus. We have seen their long range fleet evolve from Boeing 747s to Airbus A330s to now Airbus A321s. We take great pride in extending our relationship with Aer Lingus. The A321neo LR aircraft leased from ALC will allow Aer Lingus to eventually replace four Boeing 757s, and add more non-stop routes and[...]

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02 Mar 2017

Air Lease Corporation Announces Pricing of Public Offering of $500 Million of 3.625% Unsecured Senior Notes due 2027

LOS ANGELES, California, March 2, 2017 — Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on March 1, 2017 of its public offering of $500 million aggregate principal amount of 3.625% unsecured senior notes due 2027 (the “Notes”). The Notes were offered to the public at a price of 98.241% of their face amount. The sale of the Notes is expected to close on March 8, 2017, subject to satisfaction of customary closing conditions.The Notes will mature on April 1, 2027 and will bear interest at a rate of 3.625% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, commencing on October 1, 2017. The Company intends to use[...]

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28 Feb 2017

Air Lease Corporation Announces Lease Placement of New Boeing 787 Dreamliner with Aeromexico

LOS ANGELES, California, February 28, 2017 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with Aeromexico for one new Boeing 787-9 aircraft with General Electric engines. The aircraft is from ALC’s order book with Boeing and is scheduled for delivery in June 2018. "When ALC began in 2010, Aeromexico was our first customer in Latin America. This will be our second new 787-9 on lease to the airline, the first 787-9 delivered in November 2016. The aircraft will be flown primarily on flights between Mexico and Europe and to Asia, replacing a 777-200 being returned to another lessor," said Steven F. Udvar-Hazy, Executive Chairman of Air Lease[...]

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23 Feb 2017

Air Lease Corporation Announces Fiscal Year and Fourth Quarter 2016 Results

Los Angeles, California, February 23, 2017 — Air Lease Corporation (ALC) (NYSE: AL) announces record financial results for the year and three months ended December 31, 2016. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press.[...]

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23 Feb 2017

Air Lease Corporation Announces Lease Placement of New Boeing 787 Dreamliner with Air New Zealand

LOS ANGELES, California, February 23, 2017 — Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with Air New Zealand (NZX: AIR; ASX: AIZ) for one new Boeing 787-9 aircraft. The aircraft is from ALC’s order book with Boeing and is scheduled for delivery in Q3 2018. "Air New Zealand is one of ALC’s first and longtime cornerstone airline customers. The relationship between Air New Zealand and ALC’s management dates back to transactions involving Lockheed Electras, so we are proud to be part of the evolution of Air New Zealand’s fleet by leasing them a new 787-9,” said Grant Levy, Executive Vice President of Air Lease Corporation. ALC[...]

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17 Feb 2017

Air Lease Corporation Announces Lease Placement of Two New Airbus A330-900neo Aircraft with Air Mauritius

LOS ANGELES, California, February 17, 2017 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Air Mauritius for two new Airbus A330-900neo aircraft, outfitted with latest-generation Rolls-Royce Trent 7000 engines. The aircraft are from ALC’s order book with Airbus and are scheduled to deliver in September and October 2018. "We are pleased to complete this A330-900 lease transaction with our friends at Air Mauritius. These two new widebody aircraft on lease from ALC will fit into the airline's route network in an ideal manner,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. Forward-Looking Statements This[...]

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06 Feb 2017

Air Lease Corporation Announces Lease Placement of Five New Boeing 787-9 Dreamliners with China Southern Airlines

LOS ANGELES, California, February 6, 2017 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with China Southern Airlines for five new Boeing 787-9 aircraft outfitted with GE’s GEnx engines, all from ALC’s order book with Boeing. Delivery of the aircraft is scheduled to begin in the first quarter of 2019, with three deliveries in 2019 and two deliveries in 2020. “We are pleased to further grow our relationship with one of the premier airlines in China and a long term strategic customer for ALC,” said Jie Chen, Air Lease Corporation’s Executive Vice President and Managing Director, Asia. ALC currently has Airbus A320s, A321s, and Boeing[...]

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17 Jan 2017

Air Lease Corporation Assigned Investment Grade Rating by Fitch

LOS ANGELES, California, January 17, 2017 — Air Lease Corporation (ALC) (NYSE: AL) today announced that it has been assigned a Long-Term Issuer Default Rating of BBB with a stable outlook by Fitch Ratings, Inc. (Fitch). Additionally, Fitch assigned a BBB rating to ALC’s senior unsecured debt. Fitch highlighted in its press release that the BBB rating reflects ALC’s high quality commercial aircraft portfolio, above average scale, and strong and stable profitability supported by long-term contractual lease streams. Also key to the ratings outcome was ALC’s funding profile, peer-superior leverage and demonstrated management track record. Gregory B. Willis, Executive Vice[...]

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12 Jan 2017

Air Lease Corporation Announces Fourth Quarter and Year End 2016 Earnings Conference Call

LOS ANGELES, January 12, 2017 -- Air Lease Corporation will host a conference call on February 23, 2017 at 4:30 PM Eastern Time to discuss the Company's financial results for the fourth quarter and year end 2016. Investors can participate in the conference call by dialing (855) 308-8321 domestic or (330) 863-3465 international. The passcode for the call is 52035371. The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be[...]

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03 Jan 2017

Sichuan Airlines Signs Agreement to Lease New Airbus A350-900 Aircraft from Air Lease Corporation

LOS ANGELES, January 3, 2017 — Air Lease Corporation (NYSE: AL) announced today the placement of one Airbus A350-900 new technology wide body jet on long term lease to Sichuan Airlines (Chengdu, China). The aircraft will deliver in the first quarter of 2019 from ALC’s order book with Airbus. The A350-900 will be primarily operated across the Pacific, linking major cities in China with USA and Canada. "Sichuan Airlines is a loyal and respected ALC customer that has leased A330-200, A330-300, A319, and A321 aircraft from ALC. Later this year, Sichuan will receive the first A320neo and A321neo leased into China from ALC, also on long term leases and from ALC's order book,"[...]

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15 Nov 2016

Blackbird Capital I LLC closes $800,000,000 Aircraft ABS Notes to Refinance Existing Warehouse Debt

DUBLIN, Ireland, November 15, 2016 — Blackbird Capital I LLC (“Blackbird”), announced today that Blackbird Capital Aircraft Lease Securitization Limited 2016-1 (“BBIRD Cayman”) and Blackbird Capital Aircraft Lease Securitization US LLC 2016-1 (“BBIRD USA”, and collectively, the "Issuers") have closed an $800,000,000 Fixed Rate Notes offering, comprised of US$200,000,000 of 2.487% Series AA Fixed Rate Notes ("Series AA Notes"), US$540,000,000 of 4.213% Series A Fixed Rate Notes ("Series A Notes") and US$60,000,000 of 5.682% Series B Fixed Rate Notes ("Series B Notes", and together with the Series AA Notes and Series A Notes, the “Notes”). The Issuers also offered[...]

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03 Nov 2016

Air Lease Corporation Announces Third Quarter 2016 Results

Los Angeles, California, November 3, 2016 — Air Lease Corporation (ALC) (NYSE: AL) announced quarterly financial results for the three and nine months ended September 30, 2016. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press.[...]

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18 Oct 2016

Air Lease Corporation’s Corporate Credit Rating Upgraded to BBB by Standard and Poor’s

LOS ANGELES, California, October 18, 2016 — Air Lease Corporation (ALC) (NYSE: AL) announced that Standard & Poor's Ratings Services raised its corporate credit rating on ALC to BBB from BBB-, with a stable outlook. Greg Willis, Executive Vice President and Chief Financial Officer of Air Lease Corporation commented, “We are pleased that Standard & Poor's has recognized Air Lease’s strengthening credit profile with an upgrade of our corporate credit rating to BBB. We will continue to execute our business plan to drive continuous improvement of our credit metrics.” Additional information regarding ALC’s ratings upgrade can be found in Standard and Poor’s press[...]

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18 Oct 2016

Air Lease Corporation Announces Placements of 12 New Airbus A321neo Aircraft with Vietnam Airlines

LOS ANGELES, October 18, 2016 — Air Lease Corporation (NYSE: AL) announced today the placement of twelve new Airbus A321neo aircraft on long term lease to Vietnam Airlines. Six of the aircraft will deliver in 2018 and six of the aircraft will deliver in 2019, all from ALC’s order book with Airbus. Last year ALC announced long term lease contracts with Vietnam Airlines for eight new Boeing 787-10s, which are scheduled to begin delivering in 2019 and continue through 2021. "Since 2010 ALC has been working closely with the leadership of Vietnam Airlines to develop a long term fleet plan encompassing the most modern and efficient Airbus and Boeing airplanes for the airline.[...]

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Investors

Mary Liz DePalma

Director of Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: mdepalma@airleasecorp.com

Media

Laura St. John

Manager, Media and Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: lstjohn@airleasecorp.com