6 AUGUST 2018


Readers are invited to add their comments to any story. Click on the article to see and add.


BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.


Email this Page

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
© 2020 Business Travel News Ltd.

Article from BTNews 6 AUGUST 2018

Leasing guru for Aviation Club

Widely regarded as the man who invented aircraft leasing, Steven Udvar-Házy is to be guest speaker at the next Aviation Club Lunch at the Institute of Directors in London on Thursday 13 September.

His role in the aviation industry was highlighted in a profile in the US business magazine Forbes, which related how Udvar-Házy, “fresh out of UCLA”, started his own California airline “before he realised the money was in leasing”.

His first venture in the field, International Lease Finance Corp., became one of the two biggest of its kind and was sold to American International Group (AIG) in 1990 for US$1.3bn.

Udvar-Házy then went on to become the chairman and CEO of Air Lease Corp, his current berth. The company went public in 2011.

Udvar-Házy, whose current net worth is said by Forbes to be $3.9bn, is also known for donating $66m to the Smithsonian's US National Air and Space Museum, which put his name on its annex, the Steven F. Udvar-Házy Center, at Washington Dulles International Airport.

Opened in 2003, the annex features two huge hangars, the Boeing Aviation Hangar and the James S. McDonnell Space Hangar, with thousands of aviation and space artefacts, including the space shuttle Discovery, a Concorde and a Lockheed SR-71 Blackbird.


Index/Home page

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum

No one has commented yet, why don't you start the ball rolling?

Add your comment

First Name
Email Address
Company (Not obligatory)
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.