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ALC expects booming market for widebody aircraft

ALC expects booming market for widebody aircraft

by Richard Schuurman | Nov 5, 2022 | Aerospace, Air Lease Corp, Lessors | 0 comments

Not just AerCap is optimistic about the prospects of the widebody aircraft market, but so is Air Lease Corporation (ALC). The US lessor is reading a strong recovery of the long-haul market that will be supported by upcoming sales, which could cover two years of...
ALC boss not sure launching the A220-500 is a smart thing to do

ALC boss not sure launching the A220-500 is a smart thing to do

by Richard Schuurman | Sep 8, 2022 | Airbus | 0 comments

Air Lease Corporation (ALC) Chairman Steven Udvar-Hazy isn’t convinced that Airbus should launch a stretched version of the A220, the -500. He thinks the risk is too high that the A220-500 would erode the success of the A320neo and Airbus would not be better off,...
Air Lease Corporation has strong second quarter

Air Lease Corporation has strong second quarter

by Ernest Arvai | Aug 5, 2022 | Aerospace, Air Lease Corp | 0 comments

Air Lease Corporation announced its second quarter 2022 results today, with revenues up 13.4% and pre-tax income up 26.4% over 2021. The write-off of the Russian fleet in the first quarter in the wake of US imposed economic sanctions during the Ukraine war amounting...
ALC suggests A321XLR Rear Center Tank changes to Airbus

ALC suggests A321XLR Rear Center Tank changes to Airbus

by Richard Schuurman | Jun 24, 2022 | Airbus | 0 comments

Lessor Air Lease Corporation (ALC) has submitted suggestions to Airbus on how to overcome safety concerns of the Rear Center Tank (RCT) on the A321XLR, chairman Steven Udvar-Hazy told AirInsight on the sidelines of the IATA AGM in Doha this week. ALC suggests A321XLR...
ALC hopes to restore relationships with Russian customers – one day

ALC hopes to restore relationships with Russian customers – one day

by Richard Schuurman | May 6, 2022 | Aerospace, Air Lease Corp | 0 comments

Air Lease Corporation (ALC) Executive Chairman Steven Udvar-Hazy is hoping that his company one day will be able to restore the good relationship it has had with private Russian airlines. Following the war in Ukraine and sanctions on Russia, ALC has terminated all...
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