Air Lease Corporation (ALC) is a global aircraft leasing company founded in 2010 and headquartered in Los Angeles, California. The company specializes in acquiring and leasing commercial jets to airlines worldwide, providing flexible financing and asset management solutions in the aviation sector. ALC's extensive fleet includes a diverse range of modern aircraft from major manufacturers, enhancing its appeal to a broad spectrum of airline clients.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Air Lease Corporation has been active in the bond market since its inception, with its first bond issuance occurring shortly after its establishment in 2011. Notably, ALC has issued significant amounts of senior unsecured notes, including a $1 billion offering in 2020 amid the challenges posed by the COVID-19 pandemic. As of late 2023, ALC's bonds are yielding competitively within the aircraft leasing industry, reflecting the company's strong credit profile and strategic fleet management, while recent news highlights its commitment to sustainability and modernization efforts in fleet composition, which may influence future bond performance.