Air Lease (AL) announced an update on aircraft investments, sales, and significant financing activities occurring in Q4. As of December 31, 2023, ALC’s fleet was comprised of 463 owned aircraft and 78 managed aircraft, with 334 new aircraft on order from Boeing (BA) and Airbus (EADSY) set to deliver through 2029. Delivered 22 new aircraft from ALC’s order book including six Airbus A220s, one Airbus A320neo, eight Airbus A321neos, two Airbus A330-900neos, two Boeing 737-8s, and three Boeing 737-9s. Aircraft investments in the quarter totaled approximately $1.2B. Sold seven aircraft to third-party buyers. Aircraft sales proceeds for the quarter totaled approximately $440M. Issued C$500M of 5.4% senior unsecured medium-term notes. Upsized senior unsecured revolving credit facility to $7.4B from $7.2B.
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