Monday, April 18, 2011

AL:2011-04-18: Air Lease Corporation

Remark
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IPO Date & Price
IPO Date: 2011-04-18
Offer price/share: $26.5 x 30.3M = $802.95M

Underwriters
Joint Book Runner: J.P. Morgan, Credit Suisse
Co Manager: Barclays Capital, FBR Capital Markets, RBC Capital Markets, Wells Fargo Securities, Macquarie Capital, Scotia Capital, Societe Generale

Business
Sector: Services
Industry: Rental & Leasing Services
Full Time Employees: 34
Founded: 2010

Global aircraft leasing company with a fleet of 46 commercial aircraft.

Air Lease Corporation engages in the purchase and leasing of aircraft. It leases its aircraft to airline customers in Asia, the Pacific Rim, Latin America, the Middle East, and eastern Europe. The company also plans to provide fleet management and remarketing services to third parties. As of December 31, 2010, its aircraft fleet consisted of 36 narrow body aircraft and 4 wide body aircraft. The company was founded in 2010 and is based in Los Angeles, California.

Yahoo: http://finance.yahoo.com/q/pr?s=AL

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