{"id":411645,"date":"2021-01-11T06:34:40","date_gmt":"2021-01-11T11:34:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411645"},"modified":"2021-01-11T06:34:40","modified_gmt":"2021-01-11T11:34:40","slug":"air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\/","title":{"rendered":"Air Lease Corporation Activity Update for the Fourth Quarter of 2020"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Air Lease Corporation Activity Update for the Fourth Quarter of 2020<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nToday Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales and new significant financing occurring in the fourth quarter of 2020.\n<\/p>\n<p>\nAs of December 31, 2020, ALC\u2019s fleet was comprised of 332 owned aircraft and 81 managed aircraft, with 361 new aircraft on order from Boeing and Airbus set to deliver through 2026.\n<\/p>\n<p><i>Aircraft Investments<\/i><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nDelivered ten new aircraft from ALC\u2019s order book including two A320neos, six A321neos, one A330-900 and one A350-1000\n<\/li>\n<li>\nPurchased and leased back ten A320-200 aircraft and four 737-800 aircraft\n<\/li>\n<li>\nAircraft investments in the quarter totaled approximately $1.1 billion with the majority occurring in the second half of the quarter\n<\/li>\n<\/ul>\n<p><i>Sales <\/i><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nNo aircraft sales occurred during the quarter\n<\/li>\n<\/ul>\n<p><i>Financing<\/i><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nIssued $1.5 billion of senior unsecured medium-term notes comprised of $750 million due 2026 at a fixed rate of 2.875% and $750 million due 2030 at a fixed rate of 3.125%\n<\/li>\n<\/ul>\n<p>\nForward-Looking Statements\n<\/p>\n<p>\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Some or all of the results anticipated by these forward-looking statements are unknown at this time, including the ultimate impact of the COVID-19 pandemic on our results, prospects and opportunities. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.\n<\/p>\n<p>\nAbout Air Lease Corporation (NYSE: AL)\n<\/p>\n<p>\nALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. ALC routinely posts information that may be important to investors in the \u201cInvestors\u201d section of ALC\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.airleasecorp.com&amp;esheet=52359337&amp;newsitemid=20210111005355&amp;lan=en-US&amp;anchor=www.airleasecorp.com&amp;index=1&amp;md5=50e38338082966db1a511804c62a8173\">www.airleasecorp.com<\/a>. Investors and potential investors are encouraged to consult the ALC website regularly for important information about ALC. The information contained on, or that may be accessed through, ALC\u2019s website is not incorporated by reference into, and is not a part of, this press release.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210111005355r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210111005355\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210111005355\/en\/<\/a><\/span><\/p>\n<p>\nInvestors:<br \/>\n<br \/>Mary Liz DePalma<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:investors@airleasecorp.com\">investors@airleasecorp.com<br \/>\n<\/a><\/p>\n<p>Jason Arnold<br \/>\n<br \/>Assistant Vice President, Finance<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:investors@airleasecorp.com\">investors@airleasecorp.com<br \/>\n<\/a><\/p>\n<p>Media:<br \/>\n<br \/>Laura Woeste<br \/>\n<br \/>Senior Manager, Media and Investor Relations<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:press@airleasecorp.com\">press@airleasecorp.com<br \/>\n<\/a><\/p>\n<p>Ashley Arnold<br \/>\n<br \/>Manager, Media and Investor Relations<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:press@airleasecorp.com\">press@airleasecorp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Air Transport Aerospace Manufacturing Transportation Travel<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210111005355\/en\/277351\/3\/AIRLEASELOGO10_21.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Air Lease Corporation Activity Update for the Fourth Quarter of 2020 LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales and new significant financing occurring in the fourth quarter of 2020. As of December 31, 2020, ALC\u2019s fleet was comprised of 332 owned aircraft and 81 managed aircraft, with 361 new aircraft on order from Boeing and Airbus set to deliver through 2026. Aircraft Investments Delivered ten new aircraft from ALC\u2019s order book including two A320neos, six A321neos, one A330-900 and one A350-1000 Purchased and leased back ten A320-200 aircraft and four 737-800 aircraft Aircraft investments in the quarter totaled approximately $1.1 billion with the majority occurring in the second half of the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Air Lease Corporation Activity Update for the Fourth Quarter of 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-411645","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Air Lease Corporation Activity Update for the Fourth Quarter of 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Air Lease Corporation Activity Update for the Fourth Quarter of 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Air Lease Corporation Activity Update for the Fourth Quarter of 2020 LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales and new significant financing occurring in the fourth quarter of 2020. As of December 31, 2020, ALC\u2019s fleet was comprised of 332 owned aircraft and 81 managed aircraft, with 361 new aircraft on order from Boeing and Airbus set to deliver through 2026. Aircraft Investments Delivered ten new aircraft from ALC\u2019s order book including two A320neos, six A321neos, one A330-900 and one A350-1000 Purchased and leased back ten A320-200 aircraft and four 737-800 aircraft Aircraft investments in the quarter totaled approximately $1.1 billion with the majority occurring in the second half of the &hellip; Continue reading &quot;Air Lease Corporation Activity Update for the Fourth Quarter of 2020&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-11T11:34:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210111005355r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Air Lease Corporation Activity Update for the Fourth Quarter of 2020\",\"datePublished\":\"2021-01-11T11:34:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\\\/\"},\"wordCount\":477,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210111005355r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/air-lease-corporation-activity-update-for-the-fourth-quarter-of-2020\\\/\",\"name\":\"Air Lease Corporation Activity Update for the Fourth Quarter of 2020 - 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As of December 31, 2020, ALC\u2019s fleet was comprised of 332 owned aircraft and 81 managed aircraft, with 361 new aircraft on order from Boeing and Airbus set to deliver through 2026. 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