Company Overview - Air Lease Corporation (ALC) operates as an aircraft leasing platform with approximately $55 billion in assets [9, 11, 133] - The company's aircraft utilization rate was 99.7% in Q4 2022 [10, 14] - ALC maintains investment-grade credit ratings from S&P (BBB), Fitch (BBB), and Kroll (A-) [10, 133] - The company has $6.9 billion in total available liquidity [10, 14, 108] - ALC has a diversified customer base, serving 117 airlines in 62 countries [14, 61, 133] Financial Performance - ALC's adjusted pre-tax return on common equity was 11.0% [10, 137] - The company's total assets amounted to $28.4 billion [10, 77, 133] - ALC's unsecured debt represents 99% of its debt portfolio [10, 96, 105] - The company's fixed-rate debt accounts for 91% of its total debt [10, 98, 105] - Adjusted net income before income taxes was $659.9 million in 2022 [135, 137] Portfolio and Order Book - ALC has commitments to purchase 398 aircraft from Boeing and Airbus for delivery through 2029, with an estimated aggregate commitment of $25.5 billion [10, 11] - The company has $31.4 billion in committed minimum future rentals [10, 61] - 90% of ALC's order book through 2024 is placed on long-term leases [10, 14, 70, 71]

Company Overview - Air Lease Corporation (ALC) operates as a significant aircraft leasing platform with over $50 billion in assets [9, 119] - The company's fleet has a young average age of 46 years, positioning it favorably within the industry [10] - ALC maintains a high aircraft utilization rate, reporting 999% in 2023 [10] Financial Performance & Structure - ALC possesses substantial liquidity, with $68 billion available as of December 31, 2023 [10] - The company's capital structure targets a debt-to-equity ratio of 25:1 and a high percentage of unsecured debt [91] - ALC's adjusted pre-tax return on common equity was 121% in 2023 [10, 121] Market Trends & Strategy - The company is benefiting from the growing middle class, which is expected to account for 68% of total worldwide spending by 2030 [16] - ALC's order book includes 334 aircraft for delivery through 2028, with an estimated commitment of $217 billion [10, 11] - The company has a diversified customer base, serving 119 airlines across 62 countries [49, 119]