logo
episode-header-image
Sep 2023
1h 6m

Air Lease Corporation: Steven Udvar-Hazy

Guy Raz | Wondery
About this episode

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.


This episode was produced by Kerry Thompson, with music by Ramtin Arablouei.

Edited by Neva Grant with research help from Sam Paulson.


You can follow HIBT on Twitter & Instagram, and email us at hibt@id.wondery.com.


See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Up next
Yesterday
(July 2021) Ben Chestnut: From Side Business to $12 Billion – The Accidental Triumph of Mailchimp
In 2001, three web designers built a quirky email tool called Mailchimp.It wasn’t their main business.It wasn’t even meant to make real money.For years, Ben Chestnut and his partners survived on web-design gigs, while Mailchimp earned just enough to cover lunch.Then…one surprisin ... Show More
1h 19m
Aug 21
Advice Line with Jamie Siminoff of Ring (August 2024)
Ring founder Jamie Siminoff joins Guy on the Advice Line, where they answer questions from three founders about balancing short- and long-term goals. Today, we meet Vico, an industrial designer in southern California who's launching a crowdfunding campaign for his patented ergono ... Show More
51m 54s
Aug 18
Madison Reed: Amy Errett
Amy Errett had a successful career in finance and venture capital before taking a leap into an entirely new business: hair color. When her wife complained about the indignities of coloring her hair at home, Amy realized the sector was ripe for a makeover. At age 56, she dove into ... Show More
1h 18m
Recommended Episodes
May 2023
Lockheed Martin
Today we bring you two absolutely incredible stories. The first is Lockheed’s legendary Skunk Works division — the elite team of aviation geniuses who produced some of the greatest airplanes in history: the U-2, the Stealth Fighter, and the incomparable SR-71 Blackbird. The secon ... Show More
3h 37m
Jan 2021
SpaceX vs Blue Origin | Reaching for the Stars | 2
It's 2003 and in the Mojave Desert, renegade aviation genius Burt Rutan is building a spaceship funded by Microsoft co-founder Paul Allen.But while Rutan and Allen are preparing to launch the world's first privately funded astronaut, Elon Musk and Jeff Bezos are still struggling ... Show More
26m 1s
Oct 2021
Rapid Response: Launching a $500b startup, w/Jet.com's Marc Lore
Since stepping down as Walmart’s president of e-commerce at the beginning of the year, billionaire entrepreneur Marc Lore has had a busy year of big ideas. In the spring, it was announced that he reached a deal to purchase the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota ... Show More
22m 22s
Jun 2024
You could start a company this weekend, w/Noah Kagan
Entrepreneur Noah Kagan wants everyone to feel empowered to start a business. That’s the core message of his new book, Million Dollar Weekend. He’s founded multiple companies worth at least a million dollars, including AppSumo. That’s his software marketplace worth more than $80 ... Show More
32m 23s
Jan 2021
SpaceX vs Blue Origin | Rocket Men | 1
It's 2001 and a 30-year-old Elon Musk has just been fired from Pay-Pal, the company he co-founded. In need of a second act, he hits on the idea of bankrolling a bizarre Mars mission.But he's not the only tech tycoon who's stargazing. Amazon founder Jeff Bezos has also got space f ... Show More
29m 6s
Sep 2023
GE CEO Larry Culp Talks Aerospace Opportunities
GE chairman and chief executive officer Larry Culp sees strong post-pandemic recovery in aerospace pushing annual revenue above $40 billion, which would mark a new record for its aviation business. He speaks with host David Westin in an exclusive conversation, airing in its entir ... Show More
4m 26s
Nov 2021
EP113: Legendary Hotel Executive Mike Leven, Empathy is Not Optional and He Made Paper Airplanes His Full Time Job
On this episode of Our American Stories, Mike Leven was President and Chief Operating Officer of Las Vegas Sands Corp. One of the great hoteliers of all time—a legend in his business. Here’s Mike with a story about what he learned from his unseemly college law professor; and John ... Show More
38m 16s
Jan 2021
#495: David Rubenstein, Co-Founder of The Carlyle Group, on Lessons Learned, Jeff Bezos, Raising Billions of Dollars, Advising Presidents, and Sprinting to the End
David Rubenstein, Co-Founder of The Carlyle Group, on Lessons Learned, Jeff Bezos, Raising Billions of Dollars, Advising Presidents, and Sprinting to the End | Brought to you by ShipStation shipping software, Headspace easy-to-use app with guided meditations, and Theragun percuss ... Show More
1h 46m
Oct 2018
Southwest vs American - Interview with Joseph Guinto | 7
Host David Brown chats with freelance journalist and series writer Joseph Guinto about the 22 years he’s spent covering Southwest Airlines… including his memories meeting and interviewing Southwest’s major players, from Rollin King to Herb Kelleher himself. Plus, the famous part ... Show More
24m 9s