NYSE:AL

Air Lease Corporation Increases Senior Unsecured Revolving Credit Facility to $7.8 Billion

Retrieved on: 
星期一, 四月 29, 2024

The senior unsecured revolving credit facility accrues interest at adjusted term SOFR plus a margin of 1.05% per year with a 0.20% facility fee, each subject to adjustments based on the company’s credit ratings.

Key Points: 
  • The senior unsecured revolving credit facility accrues interest at adjusted term SOFR plus a margin of 1.05% per year with a 0.20% facility fee, each subject to adjustments based on the company’s credit ratings.
  • “We are pleased to announce the extension of our senior unsecured revolving credit facility to 2028, and the upsize of the facility to $7.8 billion,” said Gregory B. Willis, Executive Vice President and Chief Financial Officer of Air Lease Corporation.
  • “This revolving credit facility remains a key component of our funding strategy, and its continued expansion reflects the strength of ALC’s platform and credit metrics.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

Air Lease Corporation Activity Update for the First Quarter of 2024

Retrieved on: 
星期二, 四月 9, 2024

Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024.
  • Aircraft investments in the quarter totaled approximately $900 million, with the majority occurring in the second half of the quarter.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.
  • Investors and potential investors are encouraged to consult Air Lease Corporation’s website regularly for important information.

Air Lease Corporation Announces First Quarter 2024 Earnings Conference Call

Retrieved on: 
星期一, 四月 8, 2024

Air Lease Corporation (NYSE: AL) will host a conference call on May 6, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2024.

Key Points: 
  • Air Lease Corporation (NYSE: AL) will host a conference call on May 6, 2024 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2024.
  • The conference call will also be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com .
  • A replay of the broadcast will be available on the Investors page of the Air Lease Corporation website.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

Air Lease Corporation Announces Closing of Offering of €600 Million of Senior Unsecured Medium-Term Notes

Retrieved on: 
星期四, 三月 28, 2024

Air Lease Corporation (NYSE: AL) (the “Company”) announced the closing on March 27, 2024 of its previously announced offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”).

Key Points: 
  • Air Lease Corporation (NYSE: AL) (the “Company”) announced the closing on March 27, 2024 of its previously announced offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”).
  • “We are pleased to announce the successful closing of our inaugural EUR bond offering.
  • The EUR market will serve as another strategic component of our global funding program as we seek to diversify our sources of liquidity,” said Greg Willis, Executive Vice President & Chief Financial Officer of Air Lease Corporation.
  • BBVA, Deutsche Bank, J.P. Morgan, NatWest Markets, and Societe Generale acted as joint book-running managers for the offering of the Notes.

Air Lease Corporation Announces Lease Placement of Two New Airbus A321neo Aircraft with Transavia

Retrieved on: 
星期三, 三月 20, 2024

Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for two new Airbus A321-200neo aircraft with Transavia.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for two new Airbus A321-200neo aircraft with Transavia.
  • The first ALC A321neo aircraft delivered to Transavia in December 2023 and was the first A321-200neo to join the Dutch carrier’s fleet.
  • “ALC is pleased to announce this transaction for two additional Airbus A321neo aircraft with Transavia,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

Air Lease Corporation Announces Pricing of Offering of €600 Million of Senior Unsecured Medium-Term Notes

Retrieved on: 
星期四, 三月 21, 2024

Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on March 20, 2024 of its offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”).

Key Points: 
  • Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on March 20, 2024 of its offering of €600 million aggregate principal amount of 3.70% senior unsecured medium-term notes due April 15, 2030 (the “Notes”).
  • The sale of the Notes is expected to close on March 27, 2024, subject to satisfaction of customary closing conditions.
  • Owners of the Notes will receive payments relating to the Notes in Euros.
  • BBVA, Deutsche Bank, J.P. Morgan, NatWest Markets, and Societe Generale are acting as joint book-running managers for the offering of the Notes.

Air Lease Corporation to Speak at J.P. Morgan Industrials Conference

Retrieved on: 
星期一, 三月 11, 2024

ALC’s participation will be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com .

Key Points: 
  • ALC’s participation will be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com .
  • Alternatively, virtual attendees may access the webcast directly via this link: J.P. Morgan 2024 Industrials Conference .
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.
  • Investors and potential investors are encouraged to consult Air Lease Corporation’s website regularly for important information.

Air Lease Corporation Announces Lease Placement of Three New Boeing 787 Aircraft with Thai Airways International

Retrieved on: 
星期一, 二月 26, 2024

Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for three new Boeing 787-9 aircraft with Thai Airways International.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements for three new Boeing 787-9 aircraft with Thai Airways International.
  • “We are pleased to announce this transaction for three new Boeing 787-9 aircraft with new customer, Thai Airways International,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.
  • “We are delighted to commence this new partnership with ALC, with the addition of three Boeing 787-9s to Thai Airways’ fleet.
  • Thai Airways International is thrilled to further strengthen our relationship with such an industry-leading partner,” said Chai Eamsiri, CEO of Thai Airways International.

Air Lease Corporation Announces Pricing of Offering of C$400 Million of Senior Unsecured Medium-Term Notes

Retrieved on: 
星期三, 二月 21, 2024

Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on February 20, 2024 of its offering of C$400 million aggregate principal amount of additional 5.40% senior unsecured medium-term notes due June 1, 2028 (the “Notes”).

Key Points: 
  • Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on February 20, 2024 of its offering of C$400 million aggregate principal amount of additional 5.40% senior unsecured medium-term notes due June 1, 2028 (the “Notes”).
  • Owners of the Notes will receive payments relating to their Notes in Canadian dollars.
  • The Notes will have the same CUSIP number as the Existing Notes and will be issued as additional notes under the indenture governing the Existing Notes.
  • Upon issuance of the Notes, the outstanding aggregate principal amount of 5.40% Medium-Term Notes, Series A, due June 1, 2028 will be C$900 million.