FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *   RESSLER ANTONY P 2. Date of Event Requiring Statement (Month/Day/Year) 04/08/2011 3. Issuer Name and Ticker or Trading Symbol AIR LEASE CORP [AL] (Last) (First) (Middle) 2000 AVENUE OF THE STARS, 12TH FLOOR 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) LOS ANGELES, CA 90067 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
RESSLER ANTONY P 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES, CA 90067	  X	Â	Â	Â

Signatures

/s/ Michael D. Weiner, Attorney-in-Fact		04/08/2011
**Signature of Reporting Person		Date

Explanation of Responses:

No securities are beneficially owned
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
  Remarks: Exhibit List: Exhibit 24 - Limited Power of Attorney for Section 16 Reporting Purposes The Reporting Person is a Senior Partner in the Private Equity Group of Ares Management LLC, a private investment management firm, and serves on the Executive Committee, and is a member, of Ares Partners Management Company LLC, each of which indirectly controls Ares Corporate Opportunities Fund III, L.P. (''ACOF III''), Ares Special Situations Fund, L.P. ("ASSF") and Ares Special Situations Fund I-B, L.P. ("ASSF I-B"). ACOF III, ASSF and ASSF I-B own shares of Class A Common Stock of the Issuer.  The shares reported do not include, and the Reporting Person expressly disclaims beneficial ownership of the securities of the Issuer owned by ACOF III, ASSF and ASSF I-B, except to the extent of any pecuniary interest therein, and the filing of this Form 3 shall not be deemed an admission that the Reporting Person is the beneficial owner of or has any pecuniary interest in any such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. The address of the Reporting Person is 2000 Avenue of the Stars, 12th Floor, Los Angeles, CA 90067.

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