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...
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...
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...
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 in Russia. The write-off is for 21 owned...
Vistara, the full-service Indian airline which is a joint venture between Tata Sons of India and Singapore Airlines Limited, launched wide-body international operations in 2020 with flights to London Heathrow and expanded to Paris Charles De Gaulle and Frankfurt on...
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