LOS ANGELES, December 16, 2015 - Air Lease Corporation (NYSE: AL) announced long term lease agreements with EVA Air (Taiwan) for four new B787-9s and two new B787-10s. These aircraft are from ALC’s Dreamliner order book with Boeing and will deliver from mid-2018 through early 2020. These placements will bring the number of new Boeing widebody aircraft that EVA Air will lease from ALC to ten, including four B777-300ERs already contracted.

“ALC is extremely pleased to conclude these important placements with EVA Air, one of the premier international airlines in Asia. EVA Air is a significant customer for ALC in the Asia Pacific region and these lease placements underline our commitment to EVA Air’s successful growth,” said Jie Chen, Air Lease Corporation’s Executive Vice President and Managing Director, Asia.

Forward-Looking Statements

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 EVA Airways Corporation (EVA Air)

EVA Air, a premier international airline based in Taiwan, was established in 1989 and has become a Star Alliance member since June 2013. EVA Air is a modern global network airline operating scheduled international passenger flights and cargo services to Asia, North America, Europe, and Oceania. For more information, visit EVA Air’s website at www.evaair.com.