Air Lease (ALC) will request US Export Import Bank support for its Boeing 737 aircraft deliveries on lease to Korean Air and China Eastern Airlines.
No other details were provided about the lessor's financing request, which the US export credit agency will hear on 29 November.
Steven Udvar-Házy, chairman and chief executive officer of ALC, noted on a third quarter conference call the capital markets "have opened" to the aviation market, including export credit agency financings paired with bond offerings.
Separately, ALC has three aircraft that will come off lease next year, including an Airbus A319, an A320 and a Boeing 737-700. The lessor says it already has extended the A320 lease with its Chinese lessee for three more years. It is "discussing the extension" of the 737-700 lease with the lessee. That lease ends in November 2013.