Exhibit 21.1

AIR LEASE CORPORATION AND CONSOLIDATED SUBSIDIARIES OF THE REGISTRANT

Name of Company/Jurisdiction of Incorporation or Formation	Percentage of Voting Securities Owned by the Registrant or a Subsidiary of the Registrant
Ireland
ALC Blarney Aircraft Limited	100
ALC Clover Ireland Limited	100
ALC Warehouse Ireland Limited	100
ALC Shamrock Ireland Limited	100
ALC Maillot Jaune Ireland Limited	100
Labuan
ALC Labuan Aircraft Limited	100
Aruba
Air Lease Aruba Aircraft Holdings A.V.V.	100
Bermuda
ALC Bermuda Aircraft Limited	100
ALC Juniper Limited	100
Cayman Islands
ACG Acquisition (Cayman) 2645 Limited (Shares owned by ALC A320 2645, LLC)	100
ALC A320-2 1944 Cayman Limited	100
United Kingdom
ALC UK Aircraft Limited	100
China
ALC Trinity Limited	100
Alex Aircraft Ireland Limited	100
ALC Tianrui (Tianjin) Company Limited	100
Colorado
ALC A320 3141CO, LLC	100
ALC Colorado Lessor, LLC	100
ALC E190 537CO, LLC	100
ALC E190 487CO, LLC	100
Delaware
ALC A319 2326, LLC	100
ALC A321 1326, LLC	100
ALC A332 443, LLC	100
ALC A333 1326, LLC	100
ALC E175 334, LLC	100
ALC E190 102011, LLC	100
ALC E190 551, LLC	100
ALC ATR 726 102011, LLC	100
ALC ATR 726 112011, LLC	100
ALC ATR 726 12012, LLC	100
ALC ATR 726 22012, LLC	100
ALC ATR 726 32012, LLC	100

Name of Company/Jurisdiction of Incorporation or Formation	Percentage of Voting Securities Owned by the Registrant or a Subsidiary of the Registrant
ALC E190 12012, LLC	100
ALC E190 22012, LLC	100
ALC E190 450, LLC	100
ALC E190 460, LLC	100
ALC E190 72012, LLC	100
ALC E190 SIMBA, LLC	100
ALC 6015, LLC	100
ALC 777-3 37434, LLC	100
ALC A319 1703, LLC	100
ALC A319 1893, LLC	100
ALC A319 2436, LLC	100
ALC A319-1 2456, LLC	100
ALC A319-1 2560, LLC	100
ALC A319-1 2657, LLC	100
ALC A320 32013, LLC	100
ALC A320 102013, LLC	100
ALC A320 112011, LLC	100
ALC A320 122011, LLC	100
ALC A320 1686, LLC	100
ALC A320 2347, LLC	100
ALC A320 2539, LLC	100
ALC A320 2645, LLC	100
ALC A320 3141, LLC	100
ALC A320 3203, LLC	100
ALC A320 3218, LLC	100
ALC A320 3256, LLC	100
ALC A320 3576, LLC	100
ALC A320 3626, LLC	100
ALC A320 4553, LLC	100
ALC A320 4584, LLC	100
ALC A320 4601, LLC	100
ALC A320 4604, LLC	100
ALC A320 4681, LLC	100
ALC A320 4694, LLC	100
ALC A320 4869, LLC	100
ALC A320 4912, LLC	100
ALC A320 4915, LLC	100
ALC A320 4982, LLC	100
ALC A320 5001, LLC	100
ALC A320 5026, LLC	100
ALC A320 5135, LLC	100
ALC A320 5167, LLC	100
ALC A320 52013, LLC	100
ALC A320 5326, LLC	100
ALC A320 5461, LLC	100
ALC A320 5503, LLC	100
ALC A320 5508, LLC	100
ALC A320 5524, LLC	100
ALC A320 5559, LLC	100

Name of Company/Jurisdiction of Incorporation or Formation	Percentage of Voting Securities Owned by the Registrant or a Subsidiary of the Registrant
ALC A320 5602, LLC	100
ALC A320 92013, LLC	100
ALC A320-2 1467, LLC	100
ALC A320-2 3021, LLC	100
ALC A320-2 4316, LLC	100
ALC A321 42014A, LLC	100
ALC A321 102014, LLC	100
ALC A321 102014A, LLC	100
ALC A321 102014B, LLC	100
ALC A321 112013, LLC	100
ALC A321 112013, LLC	100
ALC A321 112014, LLC	100
ALC A321 12014, LLC	100
ALC A321 1326, LLC	100
ALC A321 22015, LLC	100
ALC A321 3106, LLC	100
ALC A321 32014A, LLC	100
ALC A321 32014B, LLC	100
ALC A321 32015, LLC	100
ALC A321 42014B, LLC	100
ALC A321 5169, LLC	100
ALC A321 5169, LLC	100
ALC A321 52013, LLC	100
ALC A321 52014, LLC	100
ALC A321 52014B, LLC	100
ALC A321 52015, LLC	100
ALC A321 5382, LLC	100
ALC A321 62014, LLC	100
ALC A321 62015, LLC	100
ALC A321 92014, LLC	100
ALC A321-2 4251, LLC	100
ALC A321-2 4334, LLC	100
ALC A332 1016, LLC	100
ALC A332 1138, LLC	100
ALC A332 1218, LLC	100
ALC A332 1225, LLC	100
ALC A332 1237, LLC	100
ALC A332 1252, LLC	100
ALC A332 1256, LLC	100
ALC A332 1260, LLC	100
ALC A332 1266, LLC	100
ALC A332 1288, LLC	100
ALC A332 1316, LLC	100
ALC A332 456, LLC	100
ALC A332 925, LLC	100
ALC A333 1287, LLC	100
ALC A333 1340, LLC	100
ALC A333 32013, LLC	100
ALC A333 32013, LLC	100

Name of Company/Jurisdiction of Incorporation or Formation	Percentage of Voting Securities Owned by the Registrant or a Subsidiary of the Registrant
ALC A333 72013, LLC	100
ALC A380 058, LLC	100
ALC Aircraft Holdings I, LLC	100
ALC Aircraft Holdings SA, LLC	100
ALC ATR 726 1022, LLC	100
ALC ATR 726 1028, LLC	100
ALC ATR 726 1040, LLC	100
ALC ATR 726 1054, LLC	100
ALC ATR 726 1059, LLC	100
ALC ATR 726 1080, LLC	100
ALC ATR 726 1086, LLC	100
ALC ATR 726 1096, LLC	100
ALC ATR 726 1108, LLC	100
ALC ATR 726 72013, LLC	100
ALC ATR 726 92013, LLC	100
ALC ATR 726 967, LLC	100
ALC ATR 726 971, LLC	100
ALC ATR 726 987, LLC	100
ALC ATR 726 992, LLC	100
ALC ATR 726 998, LLC	100
ALC B277 29398, LLC	100
ALC B373 25080, LLC	100
ALC B373 25081, LLC	100
ALC B373 25891, LLC	100
ALC B373 25892, LLC	100
ALC B373 25893, LLC	100
ALC B373 25895, LLC	100
ALC B373 25896, LLC	100
ALC B373 25897, LLC	100
ALC B373 27046, LLC	100
ALC B373 27047, LLC	100
ALC B373 27126, LLC	100
ALC B373 27138, LLC	100
ALC B373 27151, LLC	100
ALC B373 27176, LLC	100
ALC B373 27273, LLC	100
ALC B373 27276, LLC	100
ALC B373 27286, LLC	100
ALC B373 27287, LLC	100
ALC B373 27289, LLC	100
ALC B373 27290, LLC	100
ALC B373 27343, LLC	100
ALC B373 27344, LLC	100
ALC B373 27372, LLC	100
ALC B373 27375, LLC	100
ALC B373 27518, LLC	100
ALC B377 30279, LLC	100
ALC B377 30280, LLC	100
ALC B377 30746, LLC	100

Name of Company/Jurisdiction of Incorporation or Formation	Percentage of Voting Securities Owned by the Registrant or a Subsidiary of the Registrant
ALC B377 33464, LLC	100
ALC B377 33465, LLC	100
ALC B377 34401, LLC	100
ALC B377 34402, LLC	100
ALC B378 112012, LLC	100
ALC B378 30285, LLC	100
ALC B378 30286, LLC	100
ALC B378 30289, LLC	100
ALC B378 30292, LLC	100
ALC B378 30360, LLC	100
ALC B378 30370, LLC	100
ALC B378 30372, LLC	100
ALC B378 30392, LLC	100
ALC B378 32919, LLC	100
ALC B378 32920, LLC	100
ALC B378 33027, LLC	100
ALC B378 33980, LLC	100
ALC B378 33982, LLC	100
ALC B378 34003, LLC	100
ALC B378 34004, LLC	100
ALC B378 34253, LLC	100
ALC B378 34254, LLC	100
ALC B378 34896, LLC	100
ALC B378 34898, LLC	100
ALC B378 35094, LLC	100
ALC B378 35101, LLC	100
ALC B378 35120, LLC	100
ALC B378 35217, LLC	100
ALC B378 35228, LLC	100
ALC B378 36529, LLC	100
ALC B378 36845, LLC	100
ALC B378 37772, LLC	100
ALC B378 41299, LLC	100
ALC B378 41300, LLC	100
ALC B378 41301, LLC	100
ALC B378 41302, LLC	100
ALC B378 41303, LLC	100
ALC B378 41304, LLC	100
ALC B378 41305, LLC	100
ALC B378 41306, LLC	100
ALC B378 41307, LLC	100
ALC B378 41308, LLC	100
ALC B378 41309, LLC	100
ALC B378 41310, LLC	100
ALC B378 41311, LLC	100
ALC B378 41312, LLC	100
ALC B378 41313, LLC	100
ALC B378 41314, LLC	100
ALC B378 41315, LLC	100

Name of Company/Jurisdiction of Incorporation or Formation	Percentage of Voting Securities Owned by the Registrant or a Subsidiary of the Registrant
ALC B378 41316, LLC	100
ALC B378 41317, LLC	100
ALC B378 41319, LLC	100
ALC B378 41320, LLC	100
ALC B378 41321, LLC	100
ALC B378 41322, LLC	100
ALC B378 41323, LLC	100
ALC B378 41324, LLC	100
ALC B378 41325, LLC	100
ALC B378 41326, LLC	100
ALC B378 41327, LLC	100
ALC B378 41328, LLC	100
ALC B378 41333, LLC	100
ALC B378 41334, LLC	100
ALC B378 42013, LLC	100
ALC B378 52013, LLC	100
ALC B673 28148, LLC	100
ALC B673 28149, LLC	100
ALC B673 28264, LLC	100
ALC B737 35086, LLC	100
ALC B738 29674, LLC	100
ALC B738 35077, LLC	100
ALC B738 35115, LLC	100
ALC B738 37758, LLC	100
ALC B738 37760, LLC	100
ALC B772 29398, LLC	100
ALC B773 33501, LLC	100
ALC B773 35254, LLC	100
ALC B773 35542, LLC	100
ALC B773 35544, LLC	100
ALC B773 36157, LLC	100
ALC B773 40063, LLC	100
ALC B773 42120, LLC	100
ALC B773 42121, LLC	100
ALC B773 42124, LLC	100
ALC B879 Q1 2018, LLC	100
ALC B879 Q2 2018A, LLC	100
ALC B879 Q2 2018B, LLC	100
ALC B879 Q3 2018A, LLC	100
ALC B879 Q3 2018B, LLC	100
ALC B879 Q4 2017, LLC	100
ALC B879 Q4 2018A, LLC	100
ALC B879 Q4 2018B, LLC	100
ALC CF34 424445, LLC	100
ALC CF34 424502, LLC	100
ALC E175 102012, LLC	100
ALC E175 330, LLC	100
ALC E175 331, LLC	100
ALC E175 333, LLC	100

Name of Company/Jurisdiction of Incorporation or Formation	Percentage of Voting Securities Owned by the Registrant or a Subsidiary of the Registrant
ALC E175 335, LLC	100
ALC E175 340, LLC	100
ALC E175 350, LLC	100
ALC E190 112012, LLC	100
ALC E190 32012A, LLC	100
ALC E190 42012A, LLC	100
ALC E190 468, LLC	100
ALC E190 470, LLC	100
ALC E190 478, LLC	100
ALC E190 479, LLC	100
ALC E190 495, LLC	100
ALC E190 503, LLC	100
ALC E190 506, LLC	100
ALC E190 512, LLC	100
ALC E190 520, LLC	100
ALC E190 52012A, LLC	100
ALC E190 537, LLC	100
ALC E190 541, LLC	100
ALC E190 544, LLC	100
ALC E190 550, LLC	100
ALC E190 581, LLC	100
ALC E190 72012B, LLC	100
ALC E190 92011, LLC	100
ALC E190 ACACIA, LLC	100
ALC E190 ORCHID, LLC	100
ALC G IV, LLC	100
ALC Maillot Jaune Borrower, LLC	100
ALC RB211 13461, LLC	100
ALC RB211 13471, LLC	100
ALC Servicer, LLC	100
ALC Warehouse Borrower, LLC	100
ALECA 1287, LLC	100
ALECA 5026, LLC	100
ALECA 5053, LLC	100
ALECA 5153, LLC	100
ALECA 5156, LLC	100
ALECA 5167, LLC	100
ALECA, LLC	100
Alex 41299, LLC	100
Alex 41300, LLC	100
Alex 41301, LLC	100