Air Lease Corporation Activity Update for the Third Quarter of 2018
09 October 2018 - 9:31PM
Business Wire
Today Air Lease Corporation (NYSE: AL; “ALC”) announced an
update on activity taking place in the third quarter of 2018:
As of September 30, 2018, ALC’s fleet was comprised of 268 owned
aircraft and 60 managed aircraft, with commitments to acquire a
total of 384 new aircraft for delivery through 2024.
Order book Deliveries
- Delivered 7 new aircraft including 1
Boeing 737 MAX 8, 2 Boeing 787-9s, 1 Airbus A320neo, 2 Airbus
A321neos, and 1 Airbus A350-900
- The majority of this quarter’s order
book deliveries occurred in the last two weeks of September
Sales
- Sold 10 aircraft to Thunderbolt
Aircraft Lease Limited II
Financing
- Issued $1.2 billion of unsecured senior
notes including $700 million of 3.500% unsecured senior notes due
2022 and $500 million of 4.625% unsecured senior notes due
2028
Forward-Looking StatementsThis press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including expected
delivery dates. Such statements are based on current expectations
and projections about our future results, prospects and
opportunities and are not guarantees of future performance. Such
statements will not be updated unless required by law. Actual
results and performance may differ materially from those expressed
or forecasted in forward-looking statements due to a number of
factors, including those discussed in our filings with the
Securities and Exchange Commission.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20181009005459/en/
Air Lease CorporationInvestors:Mary Liz DePalmaAssistant Vice
President, Investor RelationsEmail:
mdepalma@airleasecorp.comorMedia:Laura WoesteManager, Media and
Investor RelationsEmail: lwoeste@airleasecorp.com
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