<ARTICLE>                                      5
<LEGEND>
     (Replace this text with the legend)
</LEGEND>
<CIK>                                          0000799033
<NAME>                                         Airlease LTD.
<MULTIPLIER>                                   1,000
<CURRENCY>                                     U.S. Dollars

                                            
<PERIOD-TYPE>                                  12-MOS
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<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   DEC-31-1999
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