LOS ANGELES, California, November 15, 2012 — Air Lease Corporation (NYSE:AL) announced today its placement of two new ATR 72-600s (MSNs 1086 and 1096) from our order pipeline on long term lease to Aeromar (Mexico), delivering April and May 2013.“We are pleased to announce our first lease transaction with Aeromar for two new ATR 72-600s.

These aircraft will be the premier airplanes in their fleet, providing increased capacity and industry leading fuel efficiency. ALC will continue to deliver Aeromar and other regional carriers the modern aircraft they need to expand into new markets and further develop operations,” said Matthew Stevens, Manager of Marketing, Latin America for Air Lease Corporation.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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.