ALC issues third quarter 2019 fleet information

Darren Wood
By Darren Wood October 8, 2019 13:56

ALC issues third quarter 2019 fleet information

Air Lease Corporation (ALC) has said that in its third quarter of 2019 the fleet was comprised of 307 owned aircraft and 64 managed aircraft.

As of this moment, ALC has commitments to acquire a total of 318 new aircraft for delivery from Boeing and Airbus through 2024.

Delivered 15 new aircraft including two Airbus A320neos, six Airbus A321neos, one Airbus A330-900neo and one Airbus A350-900.

It has also delivered two Boeing 787-9s and three Boeing 787-10s

Overall, aircraft investments in the quarter totalled approximately $1.5 billion.

Completed the sale of five aircraft to a third-party buyer for sales proceeds of approximately $184 million.

Issued $1.1 billion in senior unsecured medium-term notes comprised of $600 million due 2023 at a fixed rate of 2.25% and $500 million due 2029 at a fixed rate of 3.25%.

Darren Wood
By Darren Wood October 8, 2019 13:56