Lessor Air Lease Corporation (ALC) says it is making good progress on getting its aircraft back from Russian airlines. “We are making good headways and minimizing our exposure on a weekly basis”, Chairman of the Board Steven Udvar-Hazy said on…
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…
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…
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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…
The Airbus A321 has been doing a lot of winning lately. Air Lease Corporation announced placements of six new Airbus A321neo aircraft with Azores Airlines. The CFM leap 1A engine-powered aircraft from ALC’s order book with Airbus will deliver between…