FBR Capital Remains Bullish on Air Lease (AL) as CEO Steps Down

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Air Lease (AL) Names New CEO

June 20, 2016 6:31 AM EDT

Air Lease Corporation (NYSE: AL) announced that its Board of Directors has appointed John L. Plueger as Chief Executive Officer and President effective July 1, 2016. Steven Udvar-Házy will assume the role of Executive Chairman of the Board on July 1, 2016, a full-time officer role.

On behalf of the Board of Directors, I thank Steve for his extraordinary leadership of ALC as its founder, Chairman, and Chief Executive Officer, said Robert Milton, ALCs Lead Director. Steve started ALC in February 2010, and as a result of his vision and guidance, the company today owns and manages 268... More