As of June 30, 2021, ALC’s fleet was comprised of 354 owned aircraft and 89 managed aircraft, with 339 new aircraft on order from Boeing and Airbus set to deliver through 2027.
Aircraft Investments
Delivered twelve new aircraft from ALC’s order book including two Airbus A320neos, three Airbus A321neos, one Airbus A330-900neo, one Airbus A350-900, two Boeing 737-8s, one Boeing 737-9, and two Boeing 787-9s
Aircraft investments in the quarter totalled approximately $1 billion, with the majority occurring in the second half of the quarter
Sales
No aircraft sales occurred during the quarter
Financing
Issued $1.2 billion of 1.875% senior unsecured medium-term notes due 2026
Issued $600 million of floating rate senior unsecured medium-term notes at LIBOR + 0.35% due 2022
Upsized senior unsecured revolving credit facility to $6.4 billion from $6.2 billion
Ratings
On July 1, 2021, ALC’s long-term rating from Fitch was affirmed at BBB with outlook revised to Stable from Negative
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