Ownership Submission
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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Peretie Michel M.R.G.
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)
29 BOULEVARD HAUSSMANN
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)

PARIS, I0 75009
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)
Class A Common Stock 3,170,661
I
See footnote (1)

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
Class B Non-Voting Common Stock   (2)   (2) Class A Common Stock 1,829,339 $ (2) I See footnote (1)
Warrant (right to buy)   (3) 06/04/2017 Class A Common Stock and Class B Non-Voting Common Stock 214,500 $ 20 I See footnote (1)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Peretie Michel M.R.G.
29 BOULEVARD HAUSSMANN
PARIS, I0 75009
  X      

Signatures

/s/ Grant A. Levy, Attorney-in-Fact 04/08/2011
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) These shares of Class A Common Stock and Class B Non-Voting Common Stock (collectively, the "Common Stock") and the warrant are held by Genefinance S.A. ("Genefinance"). Genefinance is a wholly-owned subsidiary of Societe Generale S.A. ("Societe Generale"). As a member of an executive committee of Societe Generale, the reporting person may be deemed to be the beneficial owner of the shares of Common Stock and the warrant held by Genefinance. The reporting person expressly disclaims beneficial ownership of these shares of Common Stock and the warrant, except to the extent of his pecuniary interest therein, and the inclusion of these shares and the warrant in this report shall not be deemed to be an admission of beneficial ownership of the reported shares and warrant for purposes of Section 16 or for any other purpose.
(2) The Class B Non-Voting Common Stock has no expiration date. Each share of Class B Non-Voting Common Stock is convertible into a share of Class A Common Stock at the option of the holder; provided, that each share of Class B Non-Voting Common Stock will only become convertible at the time it is transferred to a third party unaffiliated with Societe Generale.
(3) The warrant is currently exercisable.
 
Remarks:
Exhibit List: Exhibit 24 - Confirming Statement

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