LOS ANGELES, California, April 1, 2013 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with transavia.com (Netherlands) for two new Boeing 737-800 aircraft delivering in April 2015 and April 2016.

"We’ve had a long, productive relationship with transavia.com, and this placement of two additional aircraft further expands that relationship. ALC will continue its support of transavia.com and the modernization of their fleet,” 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 transavia.com

transavia.com, a member of the Air France/KLM Group, provides scheduled service and charter flights to more than 95 destinations, primarily in the European and Northen Africa area and popular winter sports destinations. transavia.com distinguishes itself through its ‘low fare with care’ policy and offers an attractive basic price with additional (paid) products and services. In the Netherlands, the airline flies from the national airport of Amsterdam Airport Schiphol, as well as the regional airports of Rotterdam The Hague Airport, Eindhoven Airport and Groningen Airport Eelde. transavia.com also operates from Paris through Transavia France. Nearly 90% of airline tickets are sold through the website, which receives more than 1.5 million unique visitors monthly, making this low-cost airline one of the largest online shops in the Netherlands. During the annual Feather Awards (Verenuitreiking) in 2012, transavia.com was chosen Best Low-Cost and Best Charter Airline by the Dutch travel sector for the fourth time in a row.

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]