Air Lease Corp. on Monday launched an initial public offering of 25 million shares priced at between $25 and $28 each. It said in a filing with the US Securities and Exchange Commission that it expects the IPO to raise net proceeds of approximately $622.1 million. The Los Angeles-based lessor founded by ILFC co-founder and former chairman and CEO Steven Udvar-Hazy placed its first aircraft orders at last year's Farnborough International Airshow (ATW Daily News, July 20, 2010). The ...

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