Egorych Air Lease Corporation (NYSE:AL) purchases, leases, or sells aircraft to third parties such as local, regional, or national airlines, investors, financial companies, and other leasing companies some of which also happen to be its competition. The company owns or manages a fleet of more than 520 aircraft and it operates globally so its customers are located in many different countries. All in all, the company has a $50 billion business that includes $30 billion in current total assets in addition to another $22 billion of aircraft on order which includes purchase agreements of up to 351 aircraft from Boeing…
News Timeline:
Track the development of this news story across the Internet.