15 Jun 2015

ALC boosts portfolio with Airbus widebody & single-aisle aircraft

SOURCE: Airbus

Leading lessor signs for one A350-900 & four A320 Family aircraft

June 15, 2015 — Today at the 51st International Paris Air Show, Air Lease Corporation (NYSE: AL), the Los Angeles based aircraft leasing company, announced a firm order for additional Airbus widebody and single-aisle aircraft (1 A350-900, 1 A321ceo and 3 A320ceo*) to meet strong market demand for Airbus’ modern, fuel-efficient aircraft.

Including today’s announcement, ALC’s fast growing portfolio of Airbus aircraft stands at a total of 262, of which 66 are widebodies (15 A330ceo, 25 A330neo, 21 A350-900, 5 A350-1000) and 196 are single-aisles (30 A320ceo, 31 A320neo, 26 A321ceo, 109 A321neo).

“In a market that is continually growing and developing, ALC is fully focussed on offering its customers the most modern, technologically advanced and economically efficient aircraft, which certainly includes the A320 Family and A350 XWB,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “We take great pride in our close cooperation with Airbus over the past years, which has led to the successful launch of the A330neo and A321LR. We are confident that these innovative aircraft will maximize operating efficiencies for airlines around the globe, thanks to their reliability, compelling economics and exceptional cabin comfort.”

“It’s great to see leading lessor, ALC, come back with an order for additional Airbus widebody and single-aisle aircraft to meet the needs of their customers who are demanding products that deliver both unbeatable economics and the highest standard of passenger comfort in all classes,” said John Leahy, Airbus Chief Operating Officer, Customers. “We go beyond just listening to our customers in our quest for innovation and seek active collaboration with them in order to deliver value. This is demonstrated with our latest, fuel efficient widebody and single-aisle models, the A330neo and A321LR, launched in close cooperation with ALC.”

The A350 XWB is Airbus’ all-new mid-size long range aircraft family and the latest member of the manufacturer’s leading widebody family. The A350 XWB is the world’s most modern and efficient aircraft in its size category and is setting new standards in terms of flight experience for passengers, operational efficiency and cost-effectiveness for airlines.

The A320 Family is the world’s best-selling single aisle product line with more than 11,700 orders to date and more than 6,500 aircraft delivered. Thanks to its wide cabin, all members of the A320 Family offer the industry’s best level of comfort in all classes and Airbus’ 18” wide seats in economy as standard. The newest member of the A320 Family, the A320neo, incorporates new generation engines and Sharklets (wing tip devices) which together deliver 15 percent in fuel savings.

Photos and video of our commercial announcements at the Paris Air Show will be available for media to download from the Airbus broadcast room on www.airbus.com/presscentre/

Contacts for the media:
Marcella Muratore +33 679281854

*Note to editors:
Includes 1 A320ceo for ALC already listed in the Airbus Orders & Deliveries table in December 2014




Investors

Depalma Maryliz 004

Mary Liz DePalma

Director of Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: mdepalma@airleasecorp.com

Media

Stjohn Laura 018 Lorez

Laura St. John

Manager, Media and Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: lstjohn@airleasecorp.com