Few people have been more influential in shaping modern commercial aviation than Steven Udvar-Házy, founder and Executive Chairman of Air Lease Corporation (ALC).  

By 2024, nearly half of the world’s airliner fleet belongs to leasing companies, which place large aircraft orders and then rent them out to airlines, providing capacity flexibility to operators and lowering the barriers of entry to new market entrants. And Udvar-Házy is widely credited for his role in the creation and rise of this multi-billion-dollar global industry.  

Born in Hungary shortly after the Second World War, Udvar-Házy moved to the United States as a child, his family fleeing Communist repression in his home country.   

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