John Plueger News
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Boeing Co. was cleared by U.S. regulators to test its proposed redesign of the 787 Dreamliner’s battery systems, the first step toward resuming service of a plane grounded worldwide for almost two months.
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Steven Udvar-Hazy’s Air Lease Corp. agreed to buy 10 Boeing Co. 777 jetliners, with a catalog value of $3.2 billion, to expand its fleet of long-haul jets.
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Airplane-leasing billionaire Steven Udvar-Hazy hates to wait. When the chairman and chief executive officer of Air Lease Corp. is ready to take off in his Gulfstream IV jet from Los Angeles’s Van Nuys Airport one August morning, he drives straight up to the plane in his black Volks- wagen Jetta, bounds up the stairway, throws off his suit jacket and hops into the pilot seat.
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Air Lease Corp., Steven Udvar-Hazy ’s new jet-leasing company, said it secured $3.3 billion in financing and has begun buying aircraft with plans to exceed 100 airliners by early next year.
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Steven Udvar-Hazy, who left International Lease Finance Corp. in February, said he is seeking capital for a “huge” new aircraft lessor, Air Lease Corp., that he’s founding with former colleague John Plueger.
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Steven Udvar-Hazy, who left International Lease Finance Corp. in February, is seeking capital for a new aircraft lessor, Air Lease Corp., that he’s founding with former colleague John Plueger.
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Air Lease Corp., the aircraft lessor formed in 2010 by industry veteran Steven Udvar-Hazy, is in talks with Boeing Co. about buying the planemaker’s 737 MAX jet with upgraded engines.
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Airbus SAS reached a goal of topping 500 orders for its upgraded A320neo aircraft by the end of the Paris Air Show on the second day of the event as carriers put pressure on Boeing Co. to respond with an all-new airliner.
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Steven Udvar-Hazy is the face of the aviation industry’s rebound.
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American International Group Inc. named Henri Courpron , a former Airbus SAS manager, to be chief executive officer of the bailed-out insurer’s plane-leasing unit and expand its fleet of aircraft.
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