ALC meaning in Business ?

Answer: What is Air Lease Corporation mean?

Air Lease Corporation (ALC) is an American aircraft leasing company founded in 2010 and headed by Steven F. Udvar-Házy. Air Lease purchases new commercial aircraft through direct orders from Boeing, Airbus, Embraer and ATR, and leases them to its airline customers worldwide through specialized aircraft leasing and financing.

At the end of 2017, Air Lease reported that it owns 244 Airbus, Boeing, Embraer, and ATR aircraft, which it leases to over 91 airlines across 55 countries in every major geographical region in the world.

Air Lease provides airlines with net operating leases, which require the lessee to pay for maintenance, insurance, taxes and all other aircraft operating expenses during the lease term.

As of August 2018, Air Lease owns 271 aircraft, 38.9% of which are Boeing 737-800s, and had 391 aircraft on order.

reference

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Association of Language Companies	Academic & Science
Assessment of Language Competence	Academic & Science
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American Language Center	Academic & Science
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Automatic Level Control	Computer and Networking
A Loving Choice	Computing
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Archive Log Accelerator	Computing
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amoebaless life cycle Microbiology	Medical
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Aft Load Controller	Space Science
Air Logistics Center	Space Science
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Automatic Light Control	Space Science
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