Air Lease Corporation (
ALC,
NYSE|AL) is an aircraft leasing company founded in 2010 and headed by Steven Udvar-Házy. ALC hopes to capitalize on air travel growth from airlines in high-growth markets such as Asia, the Pacific Rim, Latin America, the Middle East and Eastern Europe. As of the end of 2010, Air Lease said it owned 40 Airbus and Boeing aircraft and had agreed to buy four used aircraft, within a year, and 144 new aircraft by 2017. The plans were expanded, however, and as of June 2011, the projected order is for 234 more aircraft, to be acquired over the 10-year period from 2011-2021. The airplanes are being ordered from Boeing (BA), Airbus (EADS), Embraer and ATR.
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