SEBASTIAN, Florida – TrueAero Asset Management (TAAM) is proud to announce the commencement of a leasing and part-out consignment relationship with Air Lease Corporation (ALC).

The inaugural aircraft is a CFM56-5B powered A320-200 owned by Air Lease's Thunderbolt managed aircraft platform. One engine will join TAAM’s diverse and sizeable fleet of managed lease assets, while the other engine will be dismantled alongside the airframe. TrueAero’s materials division will manage the teardown and consignment of ALC’s material.

“We are excited to begin what I know will be a productive relationship for both Air Lease Corporation and TrueAero. Our complimentary positions in the market present clear opportunities for value-added collaboration,” says Stratton Borchers, TrueAero President.

“We have been working together with TrueAero for a number of years on a variety of projects and were pleased to expand the scope of our business with them this year to include aircraft consignments and part outs.  We look forward to continuing to grow our relationship with the team at TrueAero,” says David Beker, Air Lease Corporations’ Senior Vice President & Head of Sales & Trading.

TrueAero is a global aviation investment platform offering investors, lessors, and operators a suite of solutions across capital deployment, asset management, technical services, and material consignment. Our corporate headquarters is located in Sebastian, Florida, with sales, marketing, and finance hubs across the Americas, Europe, and Asia.

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.  ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.