Steven Udvar-Házy — Air Lease Corp.

Executive Chairman

THE LATEST: Century City-based Air Lease Corp., which supplies passenger jets to airlines around the world, weathered the worst of the storm caused by the pandemic’s impact on travel. It has 399 new aircraft on order from Boeing and Airbus, which are set to be delivered through 2026. The company posted $500.9 million in net income in 2020, a 12% dip, on $2 billion in revenue last year, about the same as in 2019.
BACKGROUND: Udvar-Hazy, a native of Hungary, started Air Lease Corp. in 2010. The company purchases commercial aircraft through direct orders from manufacturers, then leases them to its airline customers. Air Lease’s portfolio currently includes 332 aircraft in its operating fleet. Udvar-Hazy transitioned to the role of executive chairman at the company in July 2016 after serving as its chief executive and chairman since its founding in 2010.
YEARS ON THE LA500: 6
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