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…
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…
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…
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…
Air Lease Corporation (ALC) will take an $802.4 million write-off on its aircraft remaining in Russia and which are unlikely to be repossessed, the lessor said in an SEC filing on April 22. ALC writes off 802 million on fleet…
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…