Air Lease Corporation

Air Lease Corporation
Company typePublic
IndustryAircraft leasing
FoundedFebruary 2010; 14 years ago (2010-02)
HeadquartersLos Angeles, California, U.S.
Key people
Steven F. Udvar-Házy (executive chairman)
John Plueger (president and CEO)
RevenueUS$1.5 billion (2017)
US$756 million (2017)
Number of employees
129 (2021)
Websitewww.airleasecorp.com
Footnotes / references
[1][2]

Air Lease Corporation (ALC) is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy.[2] Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.

At the end of 2017, Air Lease reported that it owns 244 Airbus, Boeing, Embraer, and ATR aircraft, which it leases to over 91 airlines across 55 countries in every major geographical region in the world.[1]

Air Lease provides airlines with net operating leases, which require the lessee to pay for maintenance, insurance, taxes and all other aircraft operating expenses during the lease term.[1]

As of March 2024, Air Lease owns 472 aircraft: 354 narrowbody aircraft, and 118 widebody aircraft, in addition to 320 aircraft on order.[3]

  1. ^ a b c "Annual report" (PDF). Archived from the original (PDF) on 2018-08-10. Retrieved 2018-08-09.
  2. ^ a b "Bloomberg profile". Bloomberg.com.
  3. ^ "Air Lease Corporation Announces First Quarter 2024 Results". Air Lease Corp. 2024-05-06. Retrieved 2024-05-29.