LOS ANGELES, October 31, 2018 – Air Lease Corporation (NYSE: AL; “ALC”) announced today the delivery of one new Airbus A321-200neo aircraft featuring Pratt & Whitney PW1133G-JM engines on long-term lease to Air New Zealand. This A321-200neo is the first of five Airbus A320neo family aircraft confirmed to deliver to Air New Zealand through 2019 from Air Lease Corporation’s order book with Airbus and joins two A320-200 aircraft currently on long-term lease to the airline.
“This deal is part of a long history between Air Lease Corporation and Air New Zealand and we are pleased to announce this new A321-200neo delivery today,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “Air New Zealand is known for aviation excellence worldwide and this A321-200neo adds significant enhancements to the airline’s first-rate fleet.”
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
About Air Lease Corporation (NYSE: AL)
ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC's website at www.airleasecorp.com.
About Air New Zealand (NZX: AIR; ASX: AIZ)
Air New Zealand is an international and domestic airline group which provides air passenger and cargo transport services from New Zealand to Australia, the Pacific Islands, Asia, North and South America and the United Kingdom.