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Air Lease Corporation unsure about exact impact Covid

Air Lease Corporation (ALC) is currently unable to ‘reasonably estimate’ the impact of the Covid-19 crisis on its business, operational results, and financial position for the foreseeable future, the US-lessor reported in its Q1-results on May 7. The company is having...

ALC on-track for another year of growth

Air Lease Corporation (ALC) is on-track for its target of reaching $20bln of assets this year, having grown its portfolio of owned and managed airliners in 2018 by 18.3% to $15.7bln. Continued strong demand for new aircraft gives ALC confidence that its 2019 targets...

Buying or leasing? That’s the question

Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the trends. Over the half a century of airliner leasing it has been a booming business. “In 1970 a half of one percent of the world’s fleet was leased. In...

Alitalia fleet

Pity the traveler with a ticket on Alitalia.  Pity, even more, the firm that is doing business with the airline. CNBC has a good summary of the airline's financial woes. What happens if the airline is shut down?  At present 82% of the fleet is leased - so there's risk...