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Air Lease Corporation Activity Update for the Fourth Quarter of 2017

AIR LEASE (AL)  More Company Research Source: GlobeNewswire
Last air lease earnings: 5/10 04:01 pm Check Earnings Report
US:NYSE Investor Relations: airleasecorp.com/investors
PDF LOS ANGELES, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Today Air Lease Corporation (NYSE:AL) (“ALC”) announced an update on activity taking place in the fourth quarter of 2017: As of December 31, 2017, ALC’s fleet was comprised of 244 owned aircraft and 50 managed aircraft. Deliveries Delivered 8 new aircraft including 2 Boeing 787-9s, 2 Boeing 737-8 MAXs, 2 Airbus A321neos and 2 Airbus A350-900s Delivered 4 used Boeing 737-800s purchased in the secondary market Sales Sold 2 aircraft including 1 Boeing 737-800 to Blackbird Capital II, LLC and 1 Airbus A330-200 to a third party, and received insurance proceeds related to the insured loss of 2 Boeing 737-800 aircraft Financing Issued $1.1 billion of unsecured senior notes including $600 million 2.750% unsecured senior notes due 2023 and $500 million 3.625% unsecured senior notes due 2027 Tax On January 5, 2018, ALC released a Form 8-K detailing estimated impacts related to the Tax Cuts and Jobs Act. Please see such Form 8-K for more [Read more]

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