Air Lease (ALC) provided an update on its aircraft investments, sales and significant financing activities in Q4/22. As of Dec. 31, ALC’s fleet was comprised of 417 owned aircraft and 85 managed aircraft, with 398 new aircraft on order from Boeing and Airbus set to deliver through 2028.
Air Lease’s activity included:
- Delivered 16 new aircraft from ALC’s order book including two Airbus A220-300s, five A321neos, two Airbus A330-900neos, three Boeing 737-8s, three Boeing 737-9s, and one Boeing 787-9.
- Aircraft investments in the quarter totaled approximately $1 billion.
- Issued $700 million of 5.85% senior unsecured medium-term notes due 2027.
- Closed a $400 million unsecured term loan facility with final maturity in 2027.
- Sold five aircraft to third-party buyers.
