As of September 30, 2019, ALC’s fleet was comprised of 307 owned aircraft and 64 managed aircraft. As of today, ALC has commitments to acquire a total of 318 new aircraft for delivery from Boeing and Airbus through 2024.
ALC has delivered 15 new aircraft including 2 Airbus A320neos, 6 Airbus A321neos, 1 Airbus A330-900neo, 1 Airbus A350-900, 2 Boeing 787-9s and 3 Boeing 787-10s. Aircraft investments in the quarter totaled approximately US$1.5 billion.
The company completed the sale of five aircraft to a third-party buyer for sales proceeds of approximately US$184 million.
ALC has issued US$1.1 billion in senior unsecured medium-term notes comprised of US$600 million due 2023 at a fixed rate of 2.25% and US$500 million due 2029 at a fixed rate of 3.25%.Email Post to a Friend