| Business Summary | | Airlease
Ltd.
engages
in
the
business
of
acquiring,
either
directly
or
through
joint
ventures,
commercial
jet
aircraft,
spare
or
separate
engines
and
related
rotable
parts
(aircraft)
and
leasing
such
aircraft
to
domestic
and
foreign
airlines
and
freight
carriers,
pursuant
to
finance
(full
payout)
or
operating
leases.
The
Partnership's
aircraft
portfolio
consists
of
narrow-body
(single-aisle)
twin
and
tri-jet
commercial
aircraft
that
were
acquired
as
used
aircraft.
The
General
Partner
of
the
Partnership
is
Airlease
Management
Services,
Inc.,
a
wholly
owned
subsidiary
of
Banc
of
America
Leasing
and
Capital,
LLC. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Airlease
Ltd.
is
a
California
Limited
Partnership
which
acquires
and
owns
aircrafts,
directly
or
through
joint
ventures,
and
leases
them
primarily
to
airlines.
For
the
six
months
ended
6/30/01,
total
revenues
fell
13%
to
$3
million.
Net
income
allocated
to
Limited
Partners
fell
23%
to
$1.7
million.
Revenues
reflect
a
continuing
decline
in
balances
due
from
lessees.
Net
income
also
reflects
a
depreciation
charge
associated
with
the
recent
lease
by
American
Airlines. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | David Gebler, 51 | Chairman,
Pres and CEO | Robert Keyes, 48 | CFO,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|