Air Lease Corp.

Air Lease Corp.

Air Lease Corp.

Overview
Date Founded

2010

Headquarters

2000 Avenue of the Stars,Suite 1000 North,Los Angeles, CA 90067

Type of Company

Public

Employees (Worldwide)

117

Industries

Other Transportation
Retail & Commercial Banking
Consumer Finance

Company Description

Air Lease Corp. engages in the provision of aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers, and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.

Contact Data
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Executives & Employees

Chief Executive Officer & President

Vice President, Marketing & Head of Aircraft Sales & Trading

Senior Vice President, Technical Asset Management

Senior Vice President, Commercial Contracts & Insurance

Vice President, IT

Executive Vice President, Chief Financial Officer & Principal Accounting Officer

Executive Vice President, General Counsel, Corporate Secretary & Chief Compliance Officer

Head-Marketing

Vice President & Head of Management Business

Board of Directors

Founder at Air Lease Corp.

Chief Executive Officer & President at Air Lease Corp.

Chair, Governance at Los Angeles Philharmonic Association

Former President & Chief Executive Officer at Air Canada

Chief Executive of Funds Management at Challenger Ltd. (Investment Management)

Director at Air Lease Corp.

Co-Founder at Team Read

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Air Lease Corp.
Owners & Shareholders
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Lyrical Asset Management employs a value investment approach. They believe that a portfolio of companies with low valuations relative to their long-term normalized earnings power will outperform the overall market over time. The firm's philosophy is to invest only in businesses that they believe are of high quality. Investments are limited to publicly-traded equity securities and cash equivalents. Clients may impose restrictions on investing in certain securities or types of securities. Lyrical Asset Management begins with a universe of the top 1,000 US stocks (market-cap around $3 billion), and then uses a proprietary screen to generate investment candidates. The screen estimates a fair price for each stock applying a normalized multiple to an estimate of 5-year forward normalized earnings, which is calculated by taking the historical earnings trend line of a company and consensus estimates for future earnings and statistically extrapolating forward 5 years. Each portfolio candidate/stock idea goes through a fundamental research process. This process is designed to develop an understanding of the business, including drivers of growth and profitability, competitive advantages, position and leverage with customers and suppliers, historical and potential business threats/opportunities, and management style, objectives and incentives. Attractive investment ideas are considered for inclusion in the portfolio. These are companies where Lyrical believes the investment controversy to be temporary, where the underlying business has sufficient quality and durability, and where the discount in the stock price is large enough to compensate for the risks of the investment.

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CI Investments (CI) offers an array of mutual funds, including over 90 core funds. These funds include an array of portfolio managers who cover the full spectrum of investment styles and strategies focusing on various regions, asset classes and industries. Rather than offering just one investment style, CI has engaged leading money managers in all disciplines: value, blend (growth at a reasonable price) and growth. CI Investments believe that their approach to responsible investing is aligned with the six principles that comprise the United Nations Principles for Responsible Investing.

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Royce & Associates invests clients' assets primarily in the equity securities of US and foreign companies at all capitalization levels using its disciplined valuation-based investment approach. A significant portion of clients' assets are invested in the securities of micro-, small-, and mid-cap companies. Royce's value approach is based on their belief that the securities of certain micro-, small-, or mid-cap companies may sell at a discount from the firm's estimate of the companies' current worth. The firm seeks to identify and invest in these companies with the expectation that the value discount will narrow over time and thus provide capital appreciation for their clients. Investments may include purchases of securities offered in initial public offerings, secondary offerings, private placements, long and/or short positions in US and non-US publicly issued and non-public common stocks, ADRs, preferred stocks, stock warrants and rights, bonds of all types, including distressed and defaulted bonds, notes or other debentures, debt participations or bank debt, convertible securities, distressed securities, partnership interests, swaps, participation notes, derivative contracts and structured notes, and other securities or financial instruments. Royce & Associates may also invest a portion of the assets of certain accounts in ETFs, closed-end funds, money market funds and other funds. The firm's team of portfolio managers has significant personal investments in the strategies they manage.

Recent Transactions
Details Hidden

Air Lease Corp. raised money in a private placement transaction

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Air Lease Corp. issued USD Common Stock

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Air Lease Corp. issued USD Common Stock

Insider Transactions
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Transaction Advisors
Escrow Agent

Advised onAir Lease Corp. issued USD Common Stock

Auditor

Advised onAir Lease Corp. issued USD Common Stock

Underwriter

Advised onAir Lease Corp. issued USD Common Stock

Managing Director

Advised onAir Lease Corp. issued USD Common Stock

Professional

Advised onAir Lease Corp. issued USD Common Stock

Professional

Advised onAir Lease Corp. issued USD Common Stock

Advisors & Consultants
Legal Advisor

Partner at O'Melveny & Myers LLP

Legal Advisor

Fund Advisor at Legg Mason Partners Fund Advisor LLC

Legal Advisor

Partner at Simpson Thacher & Bartlett LLP

Clients

With 41 years of service, Southwest Airlines Co. (Southwest), a low-fare major domestic airline, continues to differentiate itself from other low-fare carriers, offering a reliable product with exemplary Customer Service. Southwest was incorporated in Texas and commenced Customer Service on June 18, 1971 with three Boeing 737 aircraft serving three Texas cities - Dallas, Houston, and San Antonio. Today, Southwest is the nation's largest carrier in terms of originating domestic passengers boarded serving 78 destinations in 39 states and the District of Columbia. On May 2, 2011, Southwest completed the acquisition of AirTran Holdings, Inc., and now operates AirTran Airways as a wholly owned subsidiary. Southwest has among the lowest cost structures in the domestic airline industry, consistently offers the lowest and simplest fares, and has one of the best overall Customer Service records. LUV is our stock exchange symbol, selected to represent our home at Dallas Love Field, as well as the theme of our Employee and Customer relationships. Southwest is one of the most honored airlines in the world known for its commitment to the triple bottom line of Performance, People, and Planet. To read more about how Southwest is doing its part to be a good citizen, click on the tab above to read the Southwest Airlines 2011 One Report™

SpiceJet Ltd. engages in the provision of air transport services for the carriage of passengers and cargo. It operates a fleet of aircrafts across India under the SpiceJet brand. The company was founded on February 9, 1984 and is headquartered in Gurgaon, India.

Azul SA is a holding company, which engages in the provision of airline passenger and cargo services. The firm's service features include passenger seat selection, leather seats, individual entertainment screens with free live television at every seat in all E-Jets, extensive legroom with a pitch of 30 inches or more, complimentary beverage and snack services and free bus service to key airports. The company was founded by David Neeleman on January 03, 2008 and is headquartered in Barueri, Brazil.

Key Stats and Financials As of 2019
Market Capitalization
$2.27B
Total Enterprise Value
$18.6B
Earnings Per Share
$5.09
Revenue
$2.02B
EBITDAMargin
92.84%
Enterprise Value EBITDAOperating
9.94x
Enterprise Value Sales
9.23x
TEVNet Income
31.71x
Debt TEV
0.73x
Net Profit
$587M
EBITDA
$1.87B
Total Equity
$5.62B
Total Debt
$13.6B
Three Year Compounded Annual Growth Rate Of Revenue
12.57%
Five Year Compounded Annual Growth Rate Of Revenue
13.94%
Non-Profit Donations & Grants
Investments
Details Hidden

Blackbird Capital I LLC operates as a vehicle to invest in commercial aircraft. Blackbird Capital is headquartered In US.

Investors
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WL Ross & Co (WLR) a value-oriented private equity firm, focuses on special situations sourced through proprietary channels in discretely chosen sectors of the market. The firm invests in distressed companies across the globe. It prefers to invest in energy, financial services, transportation, building materials, metals & mining and real estate. It partners with management teams to provide support & expertise and also seeks controlling investment.

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Leonard Green & Partners invests in established companies that are leaders in their markets. The firm focuses primarily on the consumer & business services, consumer products, distribution, financial, healthcare and retail sectors. They invest in companies in the form of buyouts, going-private transactions, recapitalizations, growth capital investments and corporate carve-outs. They selectively makes public equity and debt investments.

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Ares Private Equity Group focuses on investment strategies as corporate private equity, special situations and U.S. power and energy infrastructure. The firm manages three dedicated investment teams in North America, Europe and China. They invest opportunistically across a broad spectrum of distressed or mispriced investments, including corporate debt, rescue capital, private asset-backed investments, post-reorganization securities and non-performing portfolios.Ares Private Equity Group makes majority, minority and shared-control investments, mainly in under-capitalized middle-market companies. The firm's target investment characteristics are: leading market share and brand awareness, entrenched position with customers, low-cost operations relative to industry peers, strong return on net assets, experienced management team with meaningful equity ownership and a focus on growth, demonstrated ability to withstand economic downturns and strong EBITDA to free cash flow conversion. The firm provides financing for leveraged control buyouts, growth equity, rescue/de-leveraging capital and distressed buyouts/discounted debt accumulation capital requirements. The firm's investment size ranges from $25 to $75 million in businesses predominately located or operating in Greater China (mainland China, Hong Kong, Macau, and Taiwan).

Suppliers
The Boeing Company Aerospace & Defense | Chicago, IL

The Boeing Co. is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space and security systems. It operates through the following segments: Commercial Airplanes; Defense, Space and Security; Global Services; and Boeing Capital. The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. The Defense, Space and Security segment refers to the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike, including fighter and combat rotorcraft aircraft and missile systems; global mobility, including tanker, rotorcraft and tilt-rotor aircraft; and airborne surveillance and reconnaissance, including command and control, battle management and airborne anti-submarine aircraft. The Global Services segment provides services to commercial and defense customers. The Boeing Capital segment seeks to ensure that Boeing customers have the financing they need to buy and take delivery of their Boeing product and manages overall financing exposure. The company was founded by William Edward Boeing on July 15, 1916 and is headquartered in Chicago, IL.

Embraer SA Aerospace & Defense

Embraer SA engages in the design, manufacture, and sale of aircraft and its parts for commercial, defense, and executive aviation sectors. It operates through the following segments: Commercial Aviation, Defense and Security, Executive Aviation, and Others. The Commercial Aviation segment is involved in the development, production, and sale of commercial jets; and the provision of support services to regional aviation and aircraft leasing. The Defense and Security segment engages in research, development, production, modification, and support for defense and security aircrafts, as well as other integrated products and solutions including satellites and information and communication systems. The Executive Aviation segment deals with the development, manufacture, and sale of executive jets. The Others segment refers to the supply of structural parts and hydraulic systems and the production of agricultural sprayers. The company was founded by Ozires Silva on August 19, 1969 and is headquartered in Sao Jose dos Campos, Brazil.

Airbus SE Wholesale: Consumer Non-Durables/Sundries | Leiden, Nld

The EADS Group is a global leader in aerospace, defence and related services, employing around 133,000 people at more than 170 sites worldwide. Facebook Twitter share + Developing sustainable aircraft, connecting people, observing and understanding Earth, and making the world a safer place: EADS does things that matter. Ever since its inception in 2000, EADS has constantly drawn from the strength that comes from integration. The Group brings together businesses that are market leaders in their own right, forming a collective driven by a single vision. EADS includes Airbus as the leading global manufacturer of the most innovative commercial and military aircraft, with Airbus Military covering tanker, transport and mission aircraft. Astrium, the European leader in space programmes and the third biggest space provider worldwide, is active in all space activities, from large-scale space systems to satellite services. Cassidian, worldwide leader in state-of-the-art solutions for armed forces and civil security worldwide, also makes EADS the major partner in the Eurofighter consortium and a stakeholder in the missile systems provider MBDA. Eurocopter is the world’s primary helicopter manufacturer in the civil sector, offering the largest civil and military helicopter range in the world. EADS — its people and its innovations — plays a role in creating some of the world’s biggest success stories, helping to make tomorrow’s technology a reality.

Competitors
General Electric Company Power & Utilities - Boston, MA

General Electric Co. is a technology and financial services company. It operates through the following segments: Power, Renewable Energy, Aviation, Healthcare, and Capital. The Power segment offers technologies, solutions, and services related to energy production, which includes gas and steam turbines, generators, and power generation services. The Renewable Energy segment provides wind turbine platforms, hardware & software, offshore wind turbines, solutions, products & services to hydropower industry, blades for onshore & offshore wind turbines, and high voltage equipment. The Aviation segment provides jet engines & turboprops for commercial airframes, maintenance, component repair, and overhaul services, as well as replacement parts, additive machines & materials, and engineering services. The Healthcare segment provides healthcare technologies in medical imaging, digital solutions, patient monitoring, and diagnostics, drug discovery, biopharmaceutical manufacturing technologies and performance enhancement solutions. The Capital segment leases & finances aircraft, aircraft engines and helicopters, and also provides financial and underwriting solutions. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Boston, MA.

AerCap Holdings NV Other Transportation - Amsterdam, Netherlands

AerCap is a global leader in aircraft leasing and aviation finance. With over $10 billion of assets, AerCap is funded by a robust long-term capital structure that produces industry-leading profitability. The AerCap fleet of modern fuel-efficient aircraft, one of the largest in the world, provides our customers with scope for improved operational efficiency and profitability. With increased demand for global air transportation, our modern fleet profile and extensive portfolio of valued customers, we are well positioned for significant future growth.Headquartered in the Netherlands, and with offices in Ireland, the United States, China, Singapore, and the United Arab Emirates, AerCap is a New York Stock Exchange-listed company (NYSE: AER).

Sumitomo Mitsui Financial Group, Inc. Retail & Commercial Banking - Tokyo, Jpn

Sumitomo Mitsui Financial Group (SMFG) was established through a share transfer from Sumitomo Mitsui Banking Corporation in December 2002. The companies of SMFG offer a diverse range of financial services, centered on banking operations, and including credit card services, leasing, information services, and securities

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