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Company:
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AIR LEASE CORP (AL)
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Form Type:
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4
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Filing Date:
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2/26/2020
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CIK:
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0001487712
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Address:
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2000 AVENUE OF THE STARS
SUITE 1000-N
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City, State, Zip:
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LOS ANGELES, California 90067
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Telephone:
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(310) 553-0555
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$41.90
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Change:
-0.90 (-2.10%)
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Trade Time:
04:10 PM EST
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Market Cap:
$4.77B
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Description of Business
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Air Lease Corporation (the "Company", "ALC", "we", "our" or "us") is a leading
aircraft leasing company that was founded by aircraft leasing industry pioneer,
Steven F. Udvar-Házy. We are 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 throughout the world with the intention to generate attractive returns
on equity. In addition to our leasing activities, we sell aircraft from our
operating lease portfolio to third parties, including other leasing companies,
financial services companies, airlines and other investors. We also provide
fleet management services to investors and owners of aircraft portfolios for a
management fee.
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