12 Jan 2015

Air Lease Corporation Delivering Eight New Boeing 777-300ER Aircraft this Year with Six Airlines

LOS ANGELES, California, January 12, 2014 — Today Air Lease Corporation (NYSE: AL) announced that, pursuant to long term lease agreements, ALC will deliver eight (8) new Boeing 777-300ER widebody aircraft to six (6) different airlines in 2015, all from ALC's order book with Boeing (NYSE: BA).

The following airlines are scheduled to take delivery of these new ALC Boeing 777-300ERs in 2015: Air France (1), Emirates (1), Korean Air (2), EVA Air (1), KLM (1), and Ethiopian Airlines (2).

In 2014, ALC delivered five (5) new Boeing 777-300ER aircraft on long term lease including two (2) to British Airways, two (2) to Air New Zealand and one (1) to Etihad Airways.

“ALC is a leader in leasing new technology single and twin-aisle aircraft to airlines worldwide, and we are pleased with our strong relationships with these world class international airlines,” said John L. Plueger, President and Chief Operating 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 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.


Investors:
Ryan McKenna
Vice President
Email: rmckenna@airleasecorp.com

Media:
Laura St. John
Manager, Media and Investor Relations
Email: lstjohn@airleasecorp.com




Investors

Depalma Maryliz 004

Mary Liz DePalma

Director of Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: mdepalma@airleasecorp.com

Media

Stjohn Laura 018 Lorez

Laura Woeste

Manager, Media and Investor Relations

Phone: +1 310.553.0555
Fax: +1 310.553.0999
Email: lwoeste@airleasecorp.com