Air Lease Corporation (AL) Stock Price, Quote & News - Stock Analysis 38.89 May 26, 2023, 4:00 PM EDT - Market closed Overview Financials Statistics Forecast Dividends Profile 1D 0.03% (1D) About AL Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. Currency in USD Follow Aircraft Leasing, Aircraft Remarketing & Sales, Fleet Analysis & Planning, Aircraft Financing . Air Lease Corporation. A photograph of an aircraft engine is printed on individual aluminum panels, floating off the wall. The first piece is a sculpture inspired by renderings of a Boeing 787, the kind often used in the construction phase of an aircraft. Clearly, if thats not possible, I will bring it up with our landlord, Wingate said. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Requiring cooling apparati for all residential units could be a lifesaving measure for countless Angelenos during extreme heat events.. For such a jet-setting company, you might be surprised that we decided to keep things local. Just last year, Southern . Air Lease Corporation Announces Lease Placement of Four New . Such statements will not be updated unless required by law. Our company directory has Air Lease Corporation company information, including available jobs, reviews, salary data, and more. Then in late August a record-breaking heat wave hit and Wingate felt miserable. Air Lease Corporation closed its last funding round on Nov 28, 2022 from a Post-IPO Debt round. Fly Net Zero is the commitment of airlines to achieve net zero carbon by 2050, bringing air transport in line with the Paris agreement to limit global warming to 1.5C. Heading into the peak of summer, Los Angeles officials want to know what it would take to require every rental unit in the city to have an air conditioner or central air. The company routinely posts information that may be important to investors in the Investors section of its website at www.airleasecorp.com. They will replace older Airbus A330-200s and -300s [8] and deliveries are expected from September 2021 to 2024. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Italian airline Aeroitalia signed long-term lease placements for three new Boeing 737-8 aircraft, Los Angeles-based Air Lease Corporation (ALC) announced. A new UCLA mapping tool alerts Los Angeles County residents of extreme-heat danger in their neighborhoods. LOS ANGELES, March 06, 2023--Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for three new Airbus A350-900 widebody aircraft with Air France. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press. The company provides solutions to a global client base, offering a wide selection of the most modern and in-demand narrow body and wide body aircrafts including 400 Boeings, airbuses, Embraers and ATR aircrafts. Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. Los Angeles, California. [4] Udvar-Hzy left ILFC to start Air Lease in 2010 following a dispute with AIG. Laura Woeste Founded. Now, city staff are studying the costs and feasibility of cooling off all rental units citywide. The information contained on, or that may be accessed through, ALCs website is not incorporated by reference into, and is not a part of, this press release. Read More. "The Air France-KLM Group is our largest European airline leasing customer, encompassing not only Air France and KLM, but also includes Transavia Netherlands and Transavia France. The governor has released guidelines following a Los Angeles Times investigation into Californias failure to address heat-related deaths. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. "We are pleased to announce the successful closing of this $400 million unsecured term loan facility supported by a syndicate of global banking partners across Asia, Europe and North America," said Daniel Verwholt, Senior Vice President & Treasurer of Air Lease Corporation. In addition to Sumitomo Mitsui Trust Bank, Limited, China Construction Bank Corporation, New York Branch and Industrial and Commercial Bank of China Limited, New York Branch acted as Mandated Lead Arrangers and CaixaBank, S.A., Apple Bank for Savings and The Chugoku Bank, Ltd. served as Participants. City leaders directed staff to study an update to the housing code and explore potential programs to help low- and middle-income families pay for the installation and operation of an AC unit. Such statements will not be updated unless required by law. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. As of March 31, 2023, ALC's fleet was comprised of 437 owned aircraft and 86 managed aircraft, with 376 new aircraft on order from Boeing and . The aircraft are scheduled . Our cat spent most of his time in our bathtub because it was so much cooler, said Wingate, who recalls feeling lightheaded and nauseated during the 10-day heat wave, when temperatures topped 100 degrees. Sumitomo Mitsui Trust Bank, Limited, New York Branch acted as the Mandated Lead Arranger and Bookrunner on the transaction. [1], Air Lease provides airlines with net operating leases, which require the lessee to pay for maintenance, insurance, taxes and all other aircraft operating expenses during the lease term. Cooley advised Air Lease Corporation on its $700 million offering of 5.85% medium-term notes, Series A, due 2027 and its $700 million offering of 5.30% medium-term notes, Series A, due 2028. Heading into the peak of summer, Los Angeles officials want to know what it would take to require every rental unit in the city to have an air conditioner or central air. Los Angeles-based artist Nick Petronzio created both of the large-scale sculptural art moments for this project. Air Lease Corporation Company Profile | Los Angeles, CA | Competitors, Financials & Contacts - Dun & Bradstreet. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2023. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. Those tenants can and should approach their landlords if they want to have a cooling device installed in their units, he said. In 2011, Air Lease went public on the New York Stock Exchange, raising approximately $965.6 million. Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. The lack of an air conditioner didnt bother Juliana Wingate when she and her husband moved into their apartment last year near MacArthur Park. The planes were then painted and arranged in formation with steel brackets and stand-off tabs for placement and wall mounting. Email: press@airleasecorp.com, Ashley Arnold The leading group in terms of intercontinental traffic on departure from Europe, Air France-KLM is a major player in the global air transport industry. The employer identification number (EIN) for Air Lease Corp is 271840403. Overview Air Lease Corporation is a leading aircraft leasing company that provides customized leasing and financing solutions to airlines worldwide. Lease Corporation Announces Lease Placement of Four New art moments for this.. 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