Air Lease Forms $2 Billion Aircraft Leasing Joint Venture

Munger, Tolles & Olson LLP represented Air Lease Corp. (ALC) in a joint venture with Napier Park Global Capital (US) LP announced Nov. 6, 2014.

The joint venture, which will be named Blackbird Capital I LLC and managed by ALC, plans to buy up to $2 billion worth of commercial airplanes by the end of 2016 to be leased to other airlines globally.

The Munger Tolles team representing ALC includes Mark H. Kim and Jennifer M. Broder. Stephen D. Rose and Samuel T. Greenberg advised on tax matters.