ALC boss not sure launching the A220-500 is a smart thing to do
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Air Lease Corporation has strong second quarter
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…
ALC suggests A321XLR Rear Center Tank changes to Airbus
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…
ALC hopes to restore relationships with Russian customers – one day
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ALC writes off 802 million on fleet in Russia
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…
ALC making good progress on repossessing Russian aircraft
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…