LOS ANGELES, Sept. 25, 2013 - Today Air Lease Corporation (NYSE: AL) announced a long term lease agreement with Ukraine International Airlines for one new Boeing 737-800 aircraft with winglets, “sky” interior, and powered by CFM56-7B engines, which is scheduled for delivery in April 2015.

“We are pleased to announce this strategic lease placement with UIA, a new customer for ALC in Eastern Europe. UIA has been gradually growing and modernizing its operating fleet. ALC looks forward to a successful long term relationship with UIA as it expands its fleet and route network,” said Steven F. Udvar-Házy, Chairman and Chief Executive Officer of Air Lease Corporation.

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 an 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 partners worldwide through customized aircraft leasing and financing solutions.  For more information, visit ALC's website at www.airleasecorp.com.

About Ukraine International Airlines (UIA)

UIA was established in 1992 and is the flag carrier and largest airline of Ukraine, based in Kiev’s Boryspil Airport.  UIA is a modern network airline operating scheduled domestic and international passenger flights and cargo services to Europe, Middle East, and Asia; with planned non-stop routes to the United States.


Investors:
Ryan McKenna
Assistant Vice President
Strategic Planning and Investor Relations
Email: [email protected]


Media:
Laura St. John
Media and Investor Relations Coordinator
Email: [email protected]