Air Lease Corporation operates as an aircraft leasing company. The company is primarily engaged in purchasing new commercial jet transport aircraft directly from the manufacturers, such as The Boeing Company (Boeing) and Airbus S.A.S. (Airbus), and leasing those aircraft to airlines worldwide. In addition to the company’s leasing activities, it sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. The company also provides fleet management services to investors and owners of aircraft portfolios. It has relationships with approximately 200 airlines across 70 countries. The company operates its business on a global basis, providing aircraft to airline customers in every major geographical region, including markets, such as Asia, the Pacific Rim, Latin America, the Middle East, and Eastern Europe. Fleet As of December 31, 2014, the company owned 213 aircraft, comprised of 163 single-aisle narrowbody jet aircraft, 32 twin-aisle widebody jet aircraft and 18 turboprop aircraft, with a weighted average age of 3.5 years. In addition, the company also managed 17 jet aircraft for third party owners on a fee basis, as of December 31, 2014. Government Regulation The company requires its lessees to comply with the standards of either the U.S. Federal Aviation Administration or its equivalent in foreign jurisdictions. The company is also subject to the regulatory authority of the U.S. Department of State and the U.S. Department of Commerce to the extent such authority relates to the export of aircraft for lease and sale to foreign entities and the export of parts to be installed on its aircraft. History Air Lease Corporation was founded in 2010.
air lease corp- 144a (ALLLZ:OTC US)
2000 Avenue of the Stars
Los Angeles, CA 90067
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