public traded as nyse al industry aircraft leasing founded february 2010 2010 02 headquarters los angeles california us key people steven udvar h zy ceo john plueger coo gregory willis cfo 1 revenue us 1.1 billion 2014 2 net income us 256 million 2014 2 number of employees 65 2014 2 website www.airleasecorp.com air lease corporation alc is an american aircraft leasing company founded in 2010 and headed by steven udvar h zy . 1 air lease purchases new commercial aircraft through direct orders from boeing airbus embraer and atr and leases them to its airline customers worldwide through specialized aircraft leasing and financing . as of the end of 2014 air lease reported that it owns 213 airbus boeing embraer and atr aircraft which it leases to over 80 airlines across 47 countries in every major geographical region in the world . 2 air lease provides airlines with net operating leases which require the lessee to pay for maintenance insurance taxes and all other aircraft operating expenses during the lease term . 2 as of 2015 air lease has on order approximately 400 aircraft worth over us 30 billion and had a 2014 market capitalization of us 4.0 billion . 1 3 contents 1 history 1.1 initial public offering 2 references 3 external links history edit steven udvar h zy chairman and chief executive of air lease was a founder of century city aircraft leasing giant international lease finance corp. ilfc and stayed on as chief executive after it was sold to american international group aig in 1990 . 4 udvar h zy left ilfc to start air lease in 2010 following a dispute with aig . 5 initial public offering edit udvar h zy started air lease in february 2010 with former ilfc chief operating officer john plueger who has the same role at the new company . on april 19 2011 al had an initial public offering of class a stock on the new york stock exchange and raised an estimated total of us 965.6 million . 6 udvar hazy estimated by forbes in 2015 to have a net worth of 3.7 billion has a 7 percent stake . 7 references edit a b c bloomberg profile . bloomberg.com . retrieved 20 may 2015 . a b c d e annual report . airleasecorp.com . retrieved 20 may 2015 . ostrower jon 11 march 2015 . jet makers urged to hold off on all new models . wsj.com . the wall street journal . retrieved 20 may 2015 . leslie wayne 10 may 2007 . the real owner of all those planes . the new york times . nytimes.com . retrieved 2007 05 10 . seth lubove 2012 10 04 . jet lease billionaire udvar hazy takes on aig hand that fed him . bloomberg business . retrieved 20 may 2015 . air lease ipo to target emerging markets . los angeles business journal . january 17 2011 . retrieved april 19 2011 . steven udvar hazy . forbes world s billionaires . forbes.com . 9 march 2011 . retrieved 2011 04 27 . external links edit official website v t e major aircraft lessor corporations aercap ilfc air lease corporation alafco avolon awas aviation capital boc aviation fly leasing ge capital aviation services smbc aviation capital retrieved from https en.wikipedia.org w index.php title air lease corporation & oldid 743511720 categories companies listed on the new york stock exchangecompanies based in los angelesaircraft leasing companiescompanies established in 2010 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschsvenska edit links this page was last modified on 10 october 2016 at 00 25 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view