AIR LEASE CORP - FORM S-1/A - EX-21.1

Exhibit 21.1

AIR LEASE CORPORATION AND CONSOLIDATED SUBSIDIARIES

SUBSIDIARIES OF THE REGISTRANT


	Percentage of
	Voting Securities
	Owned by
	the Registrant
	or a
	Subsidiary of
Name of Company/Jurisdiction of Incorporation or Formation	the Registrant
Delaware
ALC A320-2 4316, LLC		100
ALC A321-2 4334, LLC		100
ALC B738 37758, LLC		100
ALC B738 37760, LLC		100
ALC B738 35077, LLC		100
ALC A319-1 2657, LLC		100
ALC B737-7 33015, LLC		100
ALC B738 29674, LLC		100
ALC B738 35115, LLC		100
ALC 777-3 37434, LLC		100
ALC B378 32919, LLC		100
ALC A320 3218, LLC		100
ALC B378 35101, LLC		100
ALC A319-1 2560, LLC		100
ALC A319 1893, LLC		100
ALC B378 34898, LLC		100
ALC B378 34253, LLC		100
ALC Aircraft Holdings I, LLC		100
ALC A320 4681, LLC		100
ALC A332 1266, LLC		100
ALC A332 1256, LLC		100
ALC A320 354778, LLC		100
ALC A320 4694, LLC		100
ALC A320 354777, LLC		100
ALC Aircraft Holdings SA, LLC		100
ALC A320-2 1944, LLC		100
ALC A320 4601, LLC		100
ALC A320 4604, LLC		100
ALC B773 35544, LLC		100
ALC E190 72012, LLC		100
ALC E190 22012, LLC		100
ALC E190 12012, LLC		100
ALC E190 62011, LLC		100
ALC E190 72011, LLC		100
ALC ATR 726 22012, LLC		100
ALC ATR 726 12012, LLC		100
ALC ATR 726 32012, LLC		100
ALC ATR 726 112011, LLC		100
ALC ATR 726 102011, LLC		100
ALC A320 22012, LLC		100
ALC A320 12012, LLC		100


	Percentage of
	Voting Securities
	Owned by
	the Registrant
	or a
	Subsidiary of
Name of Company/Jurisdiction of Incorporation or Formation	the Registrant
ALC A320 52012, LLC		100
ALC A320 4553, LLC		100
ALC A320 4584, LLC		100
ALC Warehouse Borrower, LLC		100
ALC B737 35086, LLC		100
ALC A320-2 1467, LLC		100
ALC A332 443, LLC		100
ALC A321-2 4251, LLC		100
ALC A332 1138, LLC		100
ALC A319 1703, LLC		100
ALC B378 30370, LLC		100
ALC B378 35228, LLC		100
ALC B378 34254, LLC		100
ALC B773 35254, LLC		100
ALC B378 36529, LLC		100
ALC B378 35217, LLC		100
ALC A320 3256, LLC		100
ALC A320 3576, LLC		100
ALC B378 30372, LLC		100
ALC B377 30746, LLC		100
ALC A320-2 3021, LLC		100
ALC A320 2645, LLC		100
ALC B378 32920, LLC		100
ALC B378 30286, LLC		100
ALC B378 30360, LLC		100
ALC B378 35120, LLC		100
ALC A319-1 2456, LLC		100
ALC A319 2326, LLC		100
ALC G IV, LLC		100
ALC Servicer, LLC		100
ALC A320 122011, LLC		100
ALC A320 112011, LLC		100
ALC E190 92011A, LLC		100
ALC E190 92011B, LLC		100
ALC E190 122011, LLC		100
ALC E190 22012A, LLC		100
ALC E190 32012, LLC		100
ALC E175 102011, LLC		100
ALC E175 112011, LLC		100
ALC E175 12012, LLC		100
ALC E175 22012, LLC		100
ALC E175 32012, LLC		100
ALC A320 3626, LLC		100
ALC B378 35094, LLC		100
ALC A333 72012A, LLC		100

Cayman Islands
ALC A320-2 1944 Cayman Limited		100
ACG Acquisition (Cayman) 2645 Limited		100

Ireland
ALC Blarney Aircraft Limited		100
ALC Clover Ireland Limited		100
ALC Warehouse Ireland Limited		100

Labuan
ALC Labuan Aircraft Limited		100

AIR LEASE CORP - FORM S-1/A - EX-21.1 - March 11, 2011