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March 12, 2012 4:30 PM ET
Ryan McKenna – Director, Strategic Planning and Investor Relations
Steven F. Udvar-Hazy – Chairman and Chief Executive Officer
John L. Plueger – President and Chief Operating Officer
Gregory B. Willis – Senior Vice President and Chief Financial Officer
John Godyn – Morgan Stanley
Jamie Baker – JPMorgan
Anthony Sibilia – Credit Suisse
Michael Linenberg - Deutsche Bank
Scott Valentin - FBR Capital Markets
Jason Arnold - RBC Capital Markets
Isaac Husseini - Barclays Capital
Helane Becker - Dahlman Rose
Gary Liebowitz - Wells Fargo Securities
Arren Cyganovich – Evercore
Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2011 Air Lease Corp. Earnings Conference Call. My name is Derrick and I'll be your operator for today. At this time, all participants are in a listen-only mode. We will facilitate a question-and-answer session towards the end of the conference. (Operator instructions). As a reminder, this conference is being recorded for replay purposes.
I will now like to turn the conference over to Mr. Ryan McKenna, Director of Strategic Planning and Investor Relations. Please proceed.
Good afternoon, everyone, and welcome to Air Lease Corporation's fourth quarter 2011 earnings call. This is Ryan McKenna, Assistant Vice President, Strategic Planning and Investor Relations. I’m joined this afternoon by Steve Hazy, our Chairman and Chief Executive Officer; John Plueger, our President and Chief Operating Officer; and Greg Willis, our Senior Vice President and Chief Financial Officer.