Air Lease Corporation Activity Update for the First Quarter of 2024
As of
Aircraft Investments
- Delivered 14 new aircraft from ALC’s order book including two Airbus A220s, one Airbus A320neo, six Airbus A321neos, one Airbus A350-1000, and four Boeing 737-8s.
-
Aircraft investments in the quarter totaled approximately
$900 million , with the majority occurring in the second half of the quarter.
Sales
- Sold five aircraft to third-party buyers.
-
Aircraft sales proceeds for the quarter totaled approximately
$240 million .
Financing
-
Issued
$500 million of 5.10% senior unsecured medium-term notes due 2029. -
Issued
C$400 million of 5.40% senior unsecured medium-term notes due 2028. - Issued €600 million of 3.70% senior unsecured medium-term notes due 2030.
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. 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20240409223108/en/
Investors:
Vice President, Investor Relations
Email: investors@airleasecorp.com
Media:
Senior Manager, Media and Investor Relations
Email: press@airleasecorp.com
Senior Manager, Media and Investor Relations
Email: press@airleasecorp.com
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