Company Overview - Air Lease Corporation (ALC) has $185 billion in total assets[12] - ALC has $257 billion in committed minimum future fleet rentals[12] - ALC's order book is 91% placed through 2020[12] - ALC has $43 billion in available liquidity[12] Financial Performance - ALC's adjusted pre-tax ROE is 155%[12] - The adjusted net income before income taxes was $690322 million in 2018[76] - The adjusted diluted EPS before income taxes was $620 in 2018[76] Fleet and Portfolio - ALC owns 275 aircraft with a weighted average age of 38 years[12,57] - ALC manages 61 aircraft[12,57] - The weighted average lease term remaining is 68 years[12,57] Capital Structure - ALC's debt to equity ratio is 240x[12,62] - Unsecured debt accounts for 69% of the total capitalization[62] - Fixed rate debt accounts for 864% of the total debt[62,71]
Air Lease (AL) - 2018 Q4 - Earnings Call Presentation