14 Jul 2014

Air Lease Corporation Selects GEnx Engines for Boeing 787 Dreamliner Fleet

SOURCE: GE Aviation; July 14, 2014

EVENDALE, OH -- Air Lease Corporation (NYSE: AL) selected GEnx-1B engines to power 30 Boeing 787 Dreamliner aircraft. The list price for the engine order is valued at more than $1.4 billion (USD).

"We are pleased to offer these GEnx-1B-powered 787 Dreamliner aircraft to our customers. This engine has demonstrated excellent operational performance and environmental efficiency and will help deliver real advantages to airline operators," said John Poerschke, Senior Vice President of Air Lease Corporation.

"GE Aviation is proud Air Lease Corporation has selected the GEnx engines as an offering for its Boeing 787 Dreamliner fleet,"[...]

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14 Jul 2014

Air Lease Corporation and Air New Zealand Announce Agreement for Five New Airbus A320neo Family Aircraft

LOS ANGELES, July 14, 2014 - Air Lease Corporation (NYSE: AL) reached an agreement with Air New Zealand for the long term lease of five new Airbus A320neo Family aircraft. The first aircraft, a new A321neo, is scheduled for delivery in August 2017 and the first new A320neo will deliver in September 2017. The remaining three aircraft will deliver in 2018.

“We are pleased to extend our excellent relationship with Air New Zealand to include the lease of these new fuel efficient A320neo family aircraft,” said Grant Levy, Executive Vice President of Air Lease Corporation. “Air New Zealand’s management team selected the A320neo family aircraft to optimize its Trans-Tasman[...]

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26 Jun 2014

Air Lease Corporation Announces Second Quarter 2014 Earnings Conference Call

LOS ANGELES, June 26, 2014 -- Air Lease Corporation will host a conference call on August 7, 2014 at 4:30 PM Eastern Time to discuss the Company's financial results for the second quarter of 2014.

Investors can participate in the conference call by dialing (800) 706-7745 domestic or (617) 614-3472 international. The passcode for the call is 72140911.

The conference call will also be broadcast live through a link on the Investor Relations page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be[...]

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23 Jun 2014

Air Lease Corporation Announces Delivery of First of Four New Airbus A321-200s to Air China

LOS ANGELES, June 23, 2014 – Air Lease Corporation (NYSE: AL) announced today the delivery of the first of four new Airbus A321-200 aircraft leased to Air China (Beijing). This delivery is part of a large long term lease placement of 13 new aircraft with Air China from ALC’s order book with Airbus and Boeing. Air China also leased nine new Boeing 737-800s from ALC, five of which have been delivered.

“Air China is one of ALC’s largest airline lease customers in Asia for both single and twin-aisle aircraft,” said Jie Chen, Executive Vice President and Managing Director, Asia. “ALC has worked closely with Air China’s management team to optimize their fleet with[...]

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17 Jun 2014

Air Lease Corporation Announces Lease Placement and Delivery of One Boeing 737-800 with Sun Country

LOS ANGELES, June 17, 2014 - Today Air Lease Corporation (NYSE: AL) announced the delivery of one used Boeing 737-800 aircraft (MSN 34254), on long term lease to Sun Country Airlines.

“We are very pleased to continue our strong relationship with Sun Country Airlines,” said Marc Baer, Executive Vice President of Air Lease Corporation. “This Boeing 737-800 is a key addition to their fleet as Sun Country continues to grow their network and maximize their competitive advantage in the region.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such[...]

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10 Jun 2014

Air Lease Corporation Announces Delivery of First of Two New Boeing 777-300ERs with Air New Zealand

LOS ANGELES, June 10, 2014 - Air Lease Corporation (NYSE: AL) announced the delivery of the first of two new Boeing 777-300ER widebody aircraft to Air New Zealand. A second new 777-300ER is scheduled for delivery this fall. Both aircraft are from ALC’s order book with Boeing.

“We announce our delivery of this new Boeing 777-300ER with great pride and appreciation, as this transaction furthers the excellent relationship between ALC and Air New Zealand. We look forward to delivering another 777-300ER to Air New Zealand this fall,” said Grant Levy, Executive Vice President of Air Lease Corporation.

Forward-Looking Statements

This press release contains[...]

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10 Jun 2014

Air Lease Corporation Announces Lease Placement of Two New Boeing 777-300ERs with EVA Air

LOS ANGELES, June 9, 2014 - Today Air Lease Corporation (NYSE: AL) announced twelve-year lease agreements with EVA Air (Taiwan) for two new Boeing 777-300ER widebody aircraft, scheduled for delivery in the second half of 2015 and first half of 2016. These aircraft are from ALC’s order book with Boeing.

“We are pleased to conclude this important long term lease transaction with EVA Air, one of the premier international airlines in Asia, and a strategic new lease customer for ALC. As the demand for intercontinental routes from the Asia Pacific region continues to increase, ALC is pleased that these two new fuel efficient widebody aircraft will be an instrumental part of[...]

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21 May 2014

Air Lease Corporation Announces the Placement of one Airbus A320-200 with Air Serbia

LOS ANGELES, May 21, 2014 - Today Air Lease Corporation (NYSE: AL) announced the delivery of one used Airbus A320-200 to Air Serbia, a new customer for ALC. This aircraft was delivered to Air Serbia in March 2014.

“Air Serbia is a new customer in Eastern Europe for ALC. ALC looks forward to a long and successful relationship with Air Serbia as they expand their fleet and route network in Europe and beyond. Additionally, this placement further develops our close collaboration with Air Serbia’s significant shareholder and current ALC customer, Etihad Airways,” said Steven F. Udvar-Házy, Chairman and Chief Executive Officer of Air Lease Corporation.
[...]

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20 May 2014

Air Lease Corporation Announces the Placement of Two New Boeing 737-800s with Mihin Lanka

LOS ANGELES, California, May 20, 2014 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Mihin Lanka for two new Boeing 737-800 aircraft, delivering from ALC’s orderbook in 2015.

"These two new Boeing 737-800s with winglets will modernize the Mihin Lanka fleet. We are pleased to expand our business relationship with Mihin Lanka and contribute to their fleet renewal strategy,” said Kishore Korde, Air Lease Corporation’s Senior Vice President.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected[...]

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12 May 2014

Air Lease Corporation’s Fleet Reaches 200 Aircraft Milestone

LOS ANGELES, California, May 12, 2014 — Today Air Lease Corporation (NYSE: AL) announced its owned aircraft fleet has reached 200 aircraft. The milestone was achieved late last week, when Air Lease simultaneously delivered three new aircraft to three different lessees in three international cities on the same day.

On Friday, May 9th, a new Boeing 737-800 was delivered to MIAT Mongolian Airlines in Seattle, Washington; a new Airbus A321 was delivered to Thomas Cook Airlines in Hamburg, Germany; and a new ATR 72-600 was delivered to Golden Myanmar Airways in Toulouse, France. These aircraft were all from ALC’s order book, and are all on long term leases with these[...]

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08 May 2014

Air Lease Corporation Announces First Quarter 2014 Results

Los Angeles, California, May 8, 2014 — Air Lease Corporation (ALC) (NYSE: AL) announced today financial results for the quarter ended March 31, 2014. The PDF file containing the full earnings release is available for download at www.airleasecorp.com/press.[...]

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07 May 2014

Air Lease Corporation Announces the Election of a New Independent Director

LOS ANGELES, California, May 7, 2014 — Today Air Lease Corporation (NYSE: AL) announced the election of a new independent director to its Board of Directors (the “ALC Board”) at the company’s annual meeting of stockholders. Marshall O. Larsen was elected to the ALC Board along with the seven currently serving members. Mr. Larsen also will serve on the ALC Board’s nominating and corporate governance committee.

“Marshall Larsen is an outstanding addition to our esteemed Board of Directors. His distinguished career leading Goodrich Corporation has given him a unique insight into the aerospace industry that will benefit our company and shareholders[...]

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07 May 2014

Air Lease Corporation Announces the Placement of Three New Airbus A321neo Aircraft with Novair

LOS ANGELES, California, May 7, 2014 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Novair for three new Airbus A321neo aircraft, which are scheduled to begin delivery in 2017. Novair is based in Stockholm, Sweden and owned by Switzerland’s Kuoni Travel Group. These aircraft are from ALC’s order book from Airbus.

"As the first operator of these new technology A321neo aircraft in Scandinavia, Novair will gain significant performance and operational economic advantages,” said Steven F. Udvar-Hazy, Chairman and Chief Executive Officer of Air Lease Corporation. “We are pleased to play a pivotal role in renewing Novair’s fleet[...]

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28 Apr 2014

Air Lease Corporation Announces the Placement of Three New Boeing 737-800s with China Airlines

LOS ANGELES, California, April 28, 2014 — Today Air Lease Corporation (NYSE: AL) announced lease agreements with China Airlines for three new Boeing 737-800 aircraft, which are scheduled for delivery in 2015 and 2016. These aircraft are from ALC’s order book from Boeing.

"We are excited to announce this strategic placement of three new 737-800s with China Airlines. Although a new customer to ALC, China Airlines and our management team have enjoyed a successful relationship for many years, and therefore we are particularly pleased to now welcome China Airlines to the ALC family,” said John Plueger, President and Chief Operating Officer of Air Lease[...]

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11 Apr 2014

Air Lease Corporation Announces First Quarter 2014 Earnings Conference Call

LOS ANGELES, April 11, 2014 -- Air Lease Corporation will host a conference call on May 8, 2014 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2014.

Investors can participate in the conference call by dialing (866) 510-0707 domestic or (617) 597-5376 international. The passcode for the call is 30485612.

The conference call will also be broadcast live through a link on the Investor Relations page of the Air Lease Corporation website at www.airleasecorp.com. Please visit the website at least 15 minutes prior to the call to register, download and install any necessary audio software. A replay of the broadcast will be available[...]

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Investors

Mary Liz DePalma

Director of Investor Relations

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

Media

Laura St. John

Manager, Media and Investor Relations

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