Wednesday, 15 January 2020

Air Lease Corporation Activity Update for the Fourth Quarter of 2019

One of the premier aircraft leasing specialists, Air Lease Corp announced an update on activity taking place in the fourth quarter of 2019:

As of December 31, 2019, ALC’s fleet was comprised of 292 owned aircraft and 85 managed aircraft with 413 new aircraft on order from Boeing and Airbus through 2026.

Deliveries  - Delivered 11 new aircraft including 2 Airbus A320neos, 7 Airbus A321neos, 1 Airbus A330-900neo, 1 Boeing 787-10 and acquired 1 A330-300 in the secondary market

Aircraft investments in the quarter totalled approximately $825 million

Sales - Sold 19 aircraft including 11 aircraft to Thunderbolt Aircraft Lease Limited III and the remainder to other buyers.  Sales proceeds for the quarter totalled approximately $585 million

Financing - Issued CAD$400 million senior unsecured medium-term notes at a fixed rate of 2.625%

Orders - Pursuant to existing MOUs, entered into agreements with Airbus for 50 A220 aircraft (with purchase options for an additional 25 A220 aircraft), 25 A321neo aircraft and 27 A321neo XLR aircraft, with deliveries of the aircraft scheduled to commence in 2021 and continue through 2026

Thistle Hotel offers................

25% off - Extend Your Weekend at Thistle Kensington Gardens
Save a huge 25% off your booking when you stay with us for 3 nights or more. Let us make your Thistle stay even better with free breakfast every day of your stay and a 2 pm late check-out.
More details and to book can be found here.

30% off – Stay Longer For Less at Thistle Trafalgar Square
You can enjoy a 30% discount if you decide to stay with us for more than 6 nights and we’ll even upgrade you to an even better room and throw in a delicious free breakfast every morning. Great for the next time you’re in town and want to hang out a bit longer and catch all those amazing things you’ve been meaning to see.
More details and to book can be found here.

Please note that Air101 may earn a commission if you book any of these special hotel offers from the links on this page with proceeds go to our 'we care charity programme'. 

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