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Jet Leasing ‘Godfather’ Udvar-Házy to Retire After 60 Years

Summary by Bloomberg
Steven Udvar-Házy, the Hungarian-born financier who helped revolutionize the way commercial aircraft are financed, plans to retire after almost 60 years in aviation.

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Jet Leasing ‘Godfather’ Udvar-Házy to Retire After 60 Years

Steven Udvar-Házy, the Hungarian-born financier who helped revolutionize the way commercial aircraft are financed, plans to retire after almost 60 years in aviation.

·United States
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Steven Udvar-Házy to retire from Air Lease Corporation

Steven Udvar-Házy, a pioneering figure in the aviation finance industry who is widely regarded as the founder of the aircraft leasing business model, is set to retire on May 2, 2025.  The announcement was made on March 13, 2025, by Air Lease Corporation (ALC), the latest leasing firm Udvar-Házy founded, and where he currently holds the role of Executive Chairman.  ALC has confirmed that, after stepping down from his executive functions, Udvar-Há…

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Bloomberg broke the news in United States on Thursday, March 13, 2025.
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