LOS ANGELES, California, May 21, 2013 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Air Macau for two new Airbus A321-200 aircraft, which are scheduled for delivery in October 2014 and March 2015.

“ALC has worked closely with Air Macau’s management team since 2010 to provide fleet planning solutions that enhance their future operations. We are pleased that these two new and efficient aircraft will be a part of their long term fleet plans,” said Jie Chen, Executive Vice President and Managing Director, Asia.

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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.

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

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Media and Investor Relations Coordinator
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