Air Lease Corporation (ALC) is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy.
Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.
At the end of 2017, Air Lease reported that it owns 244 Airbus, Boeing, Embraer, and ATR aircraft, which it leases to over 91 airlines across 55 countries in every major geographical region in the world.
Air Lease provides airlines with net operating leases, which require the lessee to pay for maintenance, insurance, taxes and all other aircraft operating expenses during the lease term.
As of August 2018, Air Lease owns 271 aircraft, 38.9% of which are Boeing 737-800s, and had 391 aircraft on order.
Traded as: NYSE: AL (Class A); Russell 1000 Component
Industry: Aircraft leases
Founded: February 2010
Headquarters: Los Angeles, California, US
Website: www.airleasecorp.com