Air Lease Corporation: Steven Udvar-Hazy; How I Built This Podcast with Guy Raz

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"...you decide around this time to start your own airline"

"Yeah, exactly. That was the dumbest idea I ever had"

"When we come back in just a moment, how Steve loses a good chunk of that ninety-five thousand dollars..."

Listen here: How I Built This Podcast with Guy Raz: E550: Air Lease Corporation: Steven Udvar-Hazy

Air Lease Corporation: Steven Udvar-Hazy
How I Built This Podcast with Guy Raz • Episode 550

Before Steven Udvar-Hazy was out of high school, he started working as an airline consultant. You could do that sort of thing back in the 1960’s, if you knew the industry—which indisputably, he did. Born in Communist Hungary, Steven was obsessed with aviation at an early age, memorizing plane serial numbers and schedules for fun. In his early 20’s he started his own small airline in California. But he quickly learned the big money was in aircraft leasing, so at the dawn of the jet age, he started his own leasing company. Today he runs Air Lease Corporation, which has made him a billionaire, and given him the resources to finance the dazzling extension to the Smithsonian’s Air and Space Museum in Virginia - named of course, the Steven F. Udvar-Hazy Center.
 
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