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Air Lease Corporation (AL) Q1 2023 Earnings Call Transcript

Call Start: 16:30 January 1, 0000 5:12 PM ET

Air Lease Corporation (NYSE:AL)

Q1 2023 Earnings Conference Call

May 1, 2023 16:30 ET

Company Participants

Jason Arnold – Head of Investor Relations

John Plueger – President & Chief Executive Officer

Steve Hazy – Executive Chairman

Greg Willis – Executive Vice President & Chief Financial Officer

Conference Call Participants

Catherine O’Brien – Goldman Sachs

Helane Becker – Cowen & Company

Hillary Cacanando – Deutsche Bank

Operator

Good afternoon. My name is Regina and I will be your conference operator today. At this time, I would like to welcome everyone to the Air Lease Corporation Fourth [ph] Quarter Earnings Conference Call. [Operator Instructions]

I will now turn the call over to Mr. Jason Arnold, Head of Investor Relations. Mr. Arnold, you may begin.

Jason Arnold

Thanks, Regina and good afternoon, everyone. Welcome to Air Lease Corporation’s first quarter 2023 earnings call. This is Jason Arnold. I’m joined this afternoon by Steve Hazy, our Executive Chairman; John Plueger, our Chief Executive Officer and President; and Greg Willis, our Executive Vice President and Chief Financial Officer. Earlier today, we published our first quarter 2023 results. A copy of our earnings release is available on the investor site — section of our website at www.airleasecorp.com. This conference call is being webcast and recorded today, Monday, May 1, 2023 and the webcast will be available for replay on our website. At this time all participants to the call are in listen-only mode.

Before we begin, please note that certain statements in this conference call, including certain answers to your questions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. This includes, without limitation, statements regarding the state of the airline industry, including the impact of rising interest rates and inflation, the impact of sanctions imposed on Russia and aircraft delivery

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