Air Lease Corporation Activity Update for the Fourth Quarter of 2020
As of
Aircraft Investments
- Delivered ten new aircraft from ALC’s 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 quarter
Sales
- No aircraft sales occurred during the quarter
Financing
-
Issued
$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%
Forward-Looking Statements
This 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
About
ALC is a leading aircraft leasing company based in
View source version on businesswire.com: https://www.businesswire.com/news/home/20210111005355/en/
Investors:
Vice President, Investor Relations
Email: investors@airleasecorp.com
Assistant Vice President, Finance
Email: investors@airleasecorp.com
Media:
Senior Manager, Media and Investor Relations
Email: press@airleasecorp.com
Manager, Media and Investor Relations
Email: press@airleasecorp.com
Source: