Air Lease Corp confirms widebody purchase, looks at A320neo
Mr Udvar-Hazy stated he believes Boeing will move towards developing an all-new narrobody aircraft with a decision expected soon. The decision is expected to determine when Airbus offers an all-new narrobody. Airbus’ upgraded A320neo is due to enter service in late 2015.
ALC also announced today that it has issued USD120 Million in Senior Unsecured Notes in a private placement to institutional investors. The notes contain a 5% coupon for a five-year term with a maturity of 26-Jun-2016.
Selected aviation lessors daily share price movements (% change): 07-Jun-2011