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Air Lease Corporation Announces the Placement of One New ATR 72-600 with LIAT

Paul Sadler Customers

LOS ANGELES, California, September 29, 2015 — Today Air Lease Corporation (NYSE: AL) announced the placement of one new ATR 72-600 aircraft on long term lease with Antigua-based LIAT (Leeward Islands Air Transport). The aircraft is from ALC’s order book with ATR and is scheduled to deliver in the third quarter of 2016.“We are pleased to place yet another new fuel efficient aircraft with LIAT, who has been a valued customer of ALC for several years. This ATR 72-600 will replace an older Bombardier Dash 8 aircraft to maintain scheduled fleet operations in the Caribbean,” said Kishore Korde, Executive Vice President of Air Lease Corporation. Forward-Looking StatementsThis 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.About LIATLIAT is one of the leading Caribbean airlines. It is owned by regional shareholders, with major shareholders being the Governments of Barbados, Antigua & Barbuda and St. Vincent & the Grenadines. More information about LIAT may be found at www.liat.com. Investors:Ryan McKenna Vice PresidentEmail: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]

Air Lease Corporation Announces the Placement of Two Boeing 737-800 Aircraft with Siam Air Transport

Paul Sadler Customers

LOS ANGELES, September 24, 2015 - Air Lease Corporation (NYSE: AL) announced lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. These aircraft will deliver in the fourth quarter of 2015.“We are very pleased to announce this lease placement with Siam Air Transport, a new customer for ALC in Asia. These aircraft are a key addition to Siam Air Transport’s fleet as they continue to expand their route network in the region,” said Jie Chen, ALC’s Executive Vice President and Managing Director, Asia.Forward-Looking StatementsThis 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.About Siam Air TransportFounded in 2013, Siam Air Transport is based at Bangkok’s Don Mueang Airport. They currently operate two Boeing 737-300s to three destinations in Hong Kong and China.Investors: Ryan McKenna Vice PresidentEmail: [email protected]: Laura St. John Manager, Media and Investor RelationsEmail: [email protected]

Air Lease Corporation Announces the Delivery of One New Boeing 737-800 to China Airlines

Paul Sadler Customers

LOS ANGELES, September 15, 2015 – Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-800NG to China Airlines (Taiwan), the first of three new Boeing 737-800 aircraft deliveries on long-term lease from ALC’s order book with Boeing. The second 737-800 is scheduled to deliver in fall 2015, and the third in spring 2016.“We are very pleased to announce this first of three new 737-800 aircraft delivering to China Airlines, and look forward to continuing our successful relationship with their management team as the airline renews and modernizes its fleet,” said John Plueger, President and Chief Operating Officer of Air Lease Corporation.Forward-Looking StatementsThis 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.About China AirlinesFounded in 1959, China Airlines is Taiwan’s largest airline with a fleet of 85 aircraft and more than 10,000 employees worldwide. As one of SkyTeam airline alliance’s 20 members, China Airlines offers extensive global network of more than 15,723 daily flights to 1,064 destinations in 178 countries. China Airlines has been named “Best Airline in North Asia” by Global Traveler Magazine, and received the highest 7-star rating for safety from AirlineRatings. As part of its new fleet introduction program, China Airlines will launch next-generation services in 2014 to continue promoting superior aviation safety as well as an eco-friendly, innovative and attentive service that provide passengers with satisfying travel experience.Investors: Ryan McKenna Vice PresidentEmail: [email protected]: Laura St. John Manager, Media and Investor RelationsEmail: [email protected]

Malaysia Airlines Berhad and Air Lease Corporation Sign Lease Agreements for Four Airbus A350s

Administrator Customers

SEPANG, Malaysia & LOS ANGELES, September 10, 2015 - Today Malaysia Airlines Berhad (MAB) and Air Lease Corporation (NYSE: AL) signed long-term lease agreements for four (4) new Airbus A350-900s. The transaction also includes a lease option for two additional A350-900s and two A330-900neo aircraft. Powered by two Rolls Royce Trent XWB-84 engines, the A350-900 aircraft are from ALC’s order book with Airbus and will be delivered between the fourth quarter of 2017 and the second quarter of 2018. Malaysia Airlines CEO Christoph Mueller said, “We are excited to have this aircraft as part of our fleet. The A350 is the most technologically advanced aircraft and we are confident that it will deliver exceptional passenger comfort and improve the overall efficiency of our fleet.We are very pleased to partner with Air Lease Corporation on this strategic transaction,” “ALC is honored to welcome Malaysia Airlines Berhad as our newest valued customer. We are confident that these aircraft will maximize Malaysia Airlines’ operations to help grow its business while simultaneously reducing its operating costs and emissions,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “ALC looks forward to building a strong long-term relationship with Malaysia Airlines Berhad in the future,” he added. Forward-Looking StatementsThis 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 Malaysia Airlines Berhad Malaysia Airlines (malaysiaairlines.com) is the national carrier of Malaysia and one of Asia's largest, serving 40,000 guests on 330 flights to more than 50 destinations daily. Malaysia Airlines operates flights from its home base, Kuala Lumpur International Airport, and offers great connectivity across the globe; including oneworld® hubs. Malaysia Airlines is a part of oneworld®, which brings together 15 of the world’s biggest and best names in the airline industry and 30 affiliate airlines serving more than 10,000 daily departures. Through this global alliance Malaysia Airlines offers the best connectivity with seamless journeys to almost 900 destinations across 150 countries and access to over 550 airport lounges worldwide.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, 310-553-0555Vice [email protected]:Laura St. John, 310-553-0555Manager, Media and Investor [email protected]

Oman Air and Air Lease Corporation Announce New Lease Agreements

Paul Sadler Customers

Leases for 11 new and three used Boeing Aircraft signed with Oman AirLOS ANGELES, August 19, 2015 - Today Oman Air and Air Lease Corporation (NYSE: AL) announced long term lease agreements for 14 jet aircraft. The lease agreements cover three new Boeing 737-800s, seven new Boeing 737-8MAXs, and one new Boeing 787-9, all from ALC’s order book with Boeing. This transaction also includes one used Boeing 737-700 (MSN 33103) and two used Boeing 737-800 aircraft (MSNs 33104 and 34242). The deliveries are scheduled to begin in 2015 and continue through to 2019.Oman Air’s Chief Financial Officer, Japeen Shah, said, “We are very pleased to sign these agreements with Air Lease Corporation. They enable Oman Air to continue its ambitious fleet and network expansion program, and deliver even greater choice and convenience for our customers. Our expansion plan will see Oman Air’s fleet expand to 57 aircraft by 2018, and to 70 aircraft by 2020. This agreement represents a significant step towards achieving our strategic aims. Furthermore, Air Lease Corporation is at the forefront of the aircraft leasing industry and shares Oman Air’s commitment to realising excellence in all aspects of its work. We look forward to a fruitful partnership.”Oman Air’s increased fleet size is enabling it to offer even more exciting destinations within its global network. Over recent months, new services have been launched to Manila, Jakarta, Goa and Singapore. Further new services will be announced closer to the time of their launch, and are expected to include, amongst others, destinations in Bangladesh and China.“We are delighted to announce these strategic lease placements with Oman Air,” said Alex Khatibi, Executive Vice President of Air Lease Corporation. “These aircraft will aid Oman Air with the renewal and growth of their fleet, and we look forward to a strong and valued relationship with them throughout this process.”About Oman AirOman Air, the national carrier of the Sultanate of Oman, was founded in 1993 and has evolved into an acclaimed international luxury airline with an Official 4 Star Airline ranking from Skytrax. With a fleet of 39 aircraft flying to over 48 destinations across the Middle East, Europe, Asia and Africa, Oman Air’s hospitality, comfort and space offer all customers a seamless passenger experience, whether they are travelling in First Class, Business Class or Economy Class. The airline’s commitment to quality and innovation has seen it pioneer inflight mobile phone and wi-fi connectivity and receive awards from prestigious organisations in the Middle East, Europe and Asia.Oman Air’s commitment to quality, comfort and a seamless passenger experience has resulted in acclaim at the Skytrax World Airline Awards, including: Best Business Class Seat in the World (2011, 2012); Service Excellence, Middle East (2011); and Best Staff Service, Middle East (2014). The World Travel Awards have also honoured Oman Air with World’s Leading Airline – Economy Class 2014, Best Business Class Airline – Middle East 2014, and Best Economy Class Airline – Middle East 2013 and 2014. The more recent awards that Oman Air has won were at the World Travel Awards Middle East 2015, wherein the national carrier of the Sultanate of Oman came top in the ‘Middle East's Leading Airline - Business Class’ and ‘Middle East's Leading Airline - Economy Class’ categories and also at the Skytrax World Airline Awards 2015 where Oman Air was named as the winner of the ’Best Airline Staff Service in the Middle East’ award. www.omanair.comAbout 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 McKennaVice PresidentEmail: [email protected]:Laura St. JohnManager, Media and Investor RelationsEmail: [email protected]

Air Lease Corporation Announces the Delivery of One New Boeing 737-800 to American Airlines

Paul Sadler Customers

LOS ANGELES, August 19, 2015 - Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-800NG on long-term lease to American Airlines on August 14, 2015.“ALC is very pleased to announce the lease of this new Boeing 737-800 to American Airlines, a new customer for ALC and a leading airline of the world. We look forward to a long-term relationship with American as they continue to renew and modernize their fleet and ALC expands its US presence,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer.Forward-Looking StatementsThis press release contains 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 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.About American Airlines GroupAmerican Airlines Group (NASDAQ: AAL) is the holding company for American Airlines and US Airways. Together with regional partners, operating as American Eagle and US Airways Express, the airlines operate an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American is a founding member of the oneworld alliance, whose members and members-elect serve nearly 1,000 destinations with 14,250 daily flights to 150 countries. This year American topped Fortune Magazine's list of best business turnarounds and its stock was added to the S&P 500 index. Connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.Investors: Ryan McKenna Vice PresidentEmail: [email protected]: Laura St. John Manager, Media and Investor RelationsEmail: [email protected]

Air Lease Corporation Announces the Placement of One New Boeing 737-800 with Air Vanuatu

Paul Sadler Customers

LOS ANGELES, July 27, 2015 - Air Lease Corporation (NYSE: AL) announced a long term lease agreement with Air Vanuatu, an international airline based in Port Vila, Vanuatu, for one new Boeing 737-800. The aircraft is from ALC’s order book with Boeing and will deliver in January 2016.“ALC is very pleased to announce this strategic new 737-800 lease placement with Air Vanuatu, a new customer for ALC in the South Pacific region. We look forward to a long-term relationship with the airline as they grow and modernize their fleet,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer.“Air Vanuatu looks forward to the introduction of the brand new Boeing 737-800 with the enhanced SKY interior and the latest technology and customer features, in January 2016, on long term lease contract from Air Lease Corporation," said Joseph Laloyer, Air Vanuatu's Chief Executive Officer.Forward-Looking StatementsThis 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.About Air VanuatuAir Vanuatu is an international airline with its head office in Port Vila, Vanuatu. It is Vanuatu’s national flag carrier, with its main base at Bauerfield International Airport, Port Vila. As of July 2015 Air Vanuatu operates nine international routes to Australia, Fiji, New Caledonia, New Zealand and Solomon islands, in addition to numerous domestic routes.Investors:Ryan McKenna, 310-553-0555Vice [email protected]:Laura St. John, 310-553-0555Manager, Media and Investor [email protected]

Air Lease Corporation Announces the Placement of One Additional New Airbus A330-200 with Hawaiian Airlines

Paul Sadler Customers

LOS ANGELES, July 22, 2015 - Air Lease Corporation (NYSE: AL) announced another long term lease agreement with Hawaiian Airlines for one additional new Airbus A330-200. This aircraft is from ALC’s order book with Airbus and will deliver in the second quarter of 2016.“ALC is pleased to be leasing a second new A330-200 to Hawaiian Airlines. This aircraft will support Hawaiian’s expanding route network and long haul frequencies and we are delighted to be expanding our relationship,” said John L. Plueger, Air Lease Corporation’s President and Chief Operating Officer.Forward-Looking StatementsThis 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.About Hawaiian AirlinesNow in its 85th year of continuous service, Hawaiian Airlines is Hawai‘i’s biggest and longest-serving airline, as well as the largest provider of passenger air service from its primary visitor markets on the U.S. mainland. Hawaiian offers nonstop service to Hawai‘i from more U.S. gateway cities (11) than any other airline, along with service from Japan, South Korea, China, Australia, New Zealand, American Samoa, and Tahiti. Hawaiian also provides approximately 160 jet flights daily between the Hawaiian Islands. Hawaiian has led all U.S. carriers in on-time performance for each of the past 10 years (2004-2013) as reported by the U.S. Department of Transportation.Investors: Ryan McKenna Vice PresidentEmail: [email protected]: Laura St. John Manager, Media and Investor RelationsEmail: [email protected]

Air Lease Corporation Announces the Placement of Two New Airbus A320-200s with Frontier Airlines

Paul Sadler Customers

LOS ANGELES, July 20, 2015 - Air Lease Corporation (NYSE: AL) announced long term lease agreements with Frontier Airlines, an ultra-low-cost carrier based in the United States, for two new Airbus A320-200s. These aircraft are from ALC’s order book with Airbus and will deliver in the second and third quarters of 2016.“We remain focused on our Low Fares Done Right business model for long-term success, and we look forward to working with Air Lease Corp. to achieve it.”“We are pleased to announce these strategic lease placements with Frontier Airlines, a new customer for ALC. We look forward to a successful long-term relationship with Frontier as it continues to execute plans to modernize and increase the efficiency of its jet fleet,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer.“This announcement helps pave the way for us to modernize and renew our fleet while helping us build a strong foundation for the future,” said Jimmy Dempsey, chief financial officer, Frontier Airlines. “We remain focused on our Low Fares Done Right business model for long-term success, and we look forward to working with Air Lease Corp. to achieve it.”Forward-Looking StatementsThis 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.About Frontier AirlinesFrontier Airlines is committed to offering ‘Low Fares Done Right’ to more than 60 destinations in the United States, Mexico, Costa Rica, Jamaica and the Dominican Republic on more than 270 daily flights. Headquartered in Denver, Frontier’s hard-working aviation professionals pride themselves in delivering the company’s signature Rocky Mountain hospitality to customers. Frontier Airlines is the proud recipient of the Federal Aviation Administration’s 2014 Diamond Award for maintenance excellence and was recently named the industry’s most fuel-efficient airline by The International Council on Clean Transportation (ICCT) as a result of superior technology and operational efficiencies.For more information or to purchase a Frontier flight, visit FlyFrontier.com, where Frontier guarantees the best travel value for Frontier flights. Customers can sign up at FlyFrontier.com/email-alert to receive special discounts and promotions only available to Frontier’s email subscribers. Special offers are also available by following Frontier on Twitter at Twitter.com/FlyFrontier or by liking Frontier on Facebook at Facebook.com/FlyFrontier.Investors: Ryan McKenna Vice PresidentEmail: [email protected]: Laura St. John Manager, Media and Investor RelationsEmail: [email protected]

Air Lease Corporation Announces Lease Placements of Seven New Airbus A320neo Family Aircraft with Air Astana

Paul Sadler Customers

LOS ANGELES, California, June 16, 2015 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements for seven new Airbus A320neo Family aircraft with Air Astana, the national airline of Kazakhstan. The seven aircraft include two new A320neos and five new A321neos and LRs, all from ALC’s order book with Airbus. One A320neo is scheduled to deliver in Spring 2016, while the remaining six aircraft will deliver in 2018 and 2019. “We have a long history and an excellent relationship with Air Astana, and we are pleased with the opportunity to be a part of modernizing their fleet,” said Alex Khatibi, Executive Vice President of Air Lease Corporation.“This lease transaction with ALC is an important part of Air Astana's fleet modernization," added Peter Foster, Chief Executive Officer of Air Astana.Forward-Looking StatementsThis 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.About Air AstanaAir Astana is the principal airline and flag carrier of the Republic of Kazakhstan, based in Almaty, Kazakhstan. The airline operates scheduled domestic and international services from its main hub, Almaty International Airport, and from its secondary hubs, Astana International Airport and Atyrau Airport. Investors:Ryan McKenna Vice PresidentEmail: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]

Air Lease Corporation Announces New Lease Contracts for Eight New Boeing 787-10 Aircraft with Vietnam Airlines

Paul Sadler Customers

LOS ANGELES, California, June 15, 2015 — Today Air Lease Corporation (NYSE: AL) announced new long term lease contracts with Vietnam Airlines that converted the formerly contracted eight Boeing 787-9 aircraft to eight new Boeing 787-10s. These aircraft are from ALC’s order book with Boeing and deliveries are scheduled to begin in 2019 and continue through 2021. The Boeing 787-10 Dreamliner will be the largest aircraft in Vietnam Airlines’ fleet.“We have worked closely with Vietnam Airlines’ management team for over two decades, providing new and efficient aircraft to optimize their fleet. As Vietnam rolls out a major widebody fleet upgrade, this transaction demonstrates that our airline customers value ALC as an advisor and resource when planning the growth and replacement of their fleets,” said Jie Chen, Executive Vice President and Managing Director, Asia. Forward-Looking StatementsThis 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.About Vietnam AirlinesVietnam Airlines is the flag carrier of Vietnam. Founded in 1956 under the name Vietnam Civil Aviation, the airline was established as a state-owned enterprise in April 1989. Vietnam Airlines is headquartered in Long Bien District, Hanoi, with hubs at Noi Bai International Airport and Tan Son Nhat International Airport. Investors:Ryan McKenna Vice PresidentEmail: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]

Air Lease Corporation Announces Lease Placements of Three New Boeing 737-800 Aircraft with China Eastern Airlines

Paul Sadler Customers

LOS ANGELES, California, June 10, 2015 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with China Eastern Airlines for three new Boeing 737-800 aircraft. The aircraft are from ALC’s order book with Boeing and are scheduled for delivery in 2016.“We have worked closely with China Eastern Airlines’ management team to develop long term jet aircraft leasing programs to optimize their fleet. The airline has already leased 15 new Airbus and Boeing jets from ALC, all of which have been delivered to the airline. The three additional 737-800s announced today bring the total to eighteen aircraft, demonstrating the importance of this continued long term relationship,” said Michael Bai, Vice President of Air Lease Corporation.Forward-Looking StatementsThis 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.About China Eastern AirlinesChina Eastern Airlines Corporation Limited (NYSE: CEA; SSE: 600115; SEHK: 0670) is headquartered in the China Eastern Airlines Building on the grounds of Shanghai Hongqiao International Airport in Changning District, Shanghai, China. It is a major Chinese airline operating international, domestic and regional routes, with main hubs at Shanghai Pudong International Airport and Shanghai Hongqiao International Airport. Investors:Ryan McKenna Vice PresidentEmail: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]

Wizz Air Leases First Aircraft from Air Lease Corporation

Paul Sadler Customers

SOURCE: Wizz AirBudapest, May 20, 2015: Wizz Air, the largest low-cost airline in Central and Eastern Europe, announced today its first lease agreement with Air Lease Corporation (NYSE: AL) for one Airbus A320 to be delivered in July, planned to be the 63rd A320 aircraft in Wizz Air’s fleet. Terms of the agreement were not announced. “We are excited to begin a new relationship with ALC due in part to the company’s outstanding reputation and portfolio, and also because its founder, Steven F. Udvar-Hazy, is originally from Budapest, the home city of our airline,” said József Váradi, Wizz Air CEO. “This makes our new agreement particularly meaningful to all of us at Wizz Air.”Founded in 2004, Wizz Air has carried more than 90 million passengers and operates over 380 routes throughout Europe and the Middle East. Udvar-Hazy was an early innovator in aircraft leasing and built International Lease Finance Corporation, now AerCap NV, into the largest aircraft lessor in the world. He formed Air Lease Corporation in 2010.About Wizz AirWizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 59 Airbus A320 aircraft and offers over 380 routes from 21 bases, connecting 112 destinations across 38 countries. At Wizz Air, a team of approximately 2,200 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 16.5 million passengers in the financial year ended 31 March 2015. Wizz Air is listed on the London Stock Exchange under the ticker: WIZZAbout Air Lease CorporationAir Lease Corporation 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.For more information:Daniel de Carvalho; Wizz Air Group; +41-22-5559889

Air Lease Corporation and Sichuan Airlines Announce the Delivery of the Operator’s 100th Airplane

Paul Sadler Customers

LOS ANGELES, California, May 21, 2015 — Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200 on long term lease to Sichuan Airlines (China), marking the operator’s 100th airplane in their current fleet. The aircraft, outfitted with Sharklets and powered by IAE V2533 engines, is from ALC’s order book with Airbus. The delivery supplements numerous Airbus A330, A321 and A319 aircraft already on lease to Sichuan by ALC. “We are proud of being able to contribute to Sichuan Airlines’ growth in the past, and we are privileged to deliver Sichuan Airlines’ 100th aircraft to them today. We appreciate the great relationship with the airline, and look forward to continued teamwork with Sichuan Airlines in the years to come,” said Steven F. Udvar-Házy, Chairman and Chief Executive Officer of Air Lease Corporation.“Mr. Házy and his team delivered the very first A320 family aircraft in China to us in 1995. We have enjoyed working with them in the last 20 years, and we are pleased to take delivery of our 100th aircraft from ALC today. As Sichuan Airlines enters a new stage of its development, we see great potential for continued business cooperation between the two companies,” says Li Haiying, Sichuan Airlines' Chairman and Chief Executive Officer.Forward-Looking StatementsThis press release contains 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 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.About Sichuan AirlinesSichuan Airlines is a leading Chinese scheduled airline based in Chengdu, China. Sichuan operates frequent flights to all major destinations in China and the surrounding region in Asia, with a modern all-Airbus fleet. Investors:Ryan McKenna Vice PresidentEmail: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]

Air Lease Corporation Announces the Lease Placement of Two New Boeing 787-9 Aircraft with Hainan Airlines

Paul Sadler Customers

LOS ANGELES, California, May 11, 2015 — Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Hainan Airlines for two new Boeing 787-9 aircraft, both from ALC’s order book with Boeing. ALC has ordered 46 new Boeing 787-9 and 787-10 aircraft in total for deliveries beginning in spring 2016."We are pleased to announce that the first of these two new Boeing 787-9s leased to Hainan Airlines will be ALC’s very first Boeing 787-9 delivery. As the longest-range wide-body aircraft in Hainan’s fleet, these 787-9s will offer additional range and capacity capabilities beyond the airline’s Boeing 787-8 aircraft already in operation. This placement marks our third and fourth aircraft placed on long term lease with Hainan, following two 737-800s in 2010. We look forward to the continued growth of our relationship with this world-class airline,” said Jie Chen, ALC’s Executive Vice President and Managing Director, Asia. Forward-Looking StatementsThis 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.About Hainan AirlinesSince its first flight, Hainan Airlines has been operating safely for 21 successive years, maintained an excellent safety record, and its service has won the unanimous approval of a wide range of passengers and those in the civil aviation industry. In October 2014, Hainan Airlines won the 2014 annual World Travel Awards (WTA) "Asia's Best Business Class 2014" award. On January 27, 2015 Hainan Airlines was named as one of the 100 Most Valuable Chinese Brands selected by the internationally known brand consultancy and assessment agency “BrandZ”. Since 2011, Hainan Airlines, with its high quality service standards and continuous years of service innovation, has won four consecutive global SKYTRAX five-star airline ratings. Meanwhile, it has also won SKYTRAX “Best Airline in China” and “Best Staff Service in China” awards for the fifth time.Hainan Airlines inherits “Oriental hospitality”, advocates a “respect for the customer” service spirit, follows the “SMILE” service standard, passes on the “cherished experience” brand philosophy, highlights the “Oriental Beauty” new international brand image, becoming a world-class aviation enterprise and brand for the Chinese nation. Investors:Ryan McKenna Vice PresidentEmail: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]