Air Lease Corporation Announces Lease Placement of New Boeing 787 Dreamliner with Air New Zealand
February 23 2017 - 6:31AM
Today Air Lease Corporation (NYSE:AL) announced a long term lease
agreement with Air New Zealand (NZX:AIR) (ASX:AIZ) for one new
Boeing 787-9 aircraft. The aircraft is from ALC’s order book with
Boeing and is scheduled for delivery in Q3 2018.
"Air New Zealand is one of ALC’s first and
longtime cornerstone airline customers. The relationship
between Air New Zealand and ALC’s management dates back to
transactions involving Lockheed Electras, so we are proud to be
part of the evolution of Air New Zealand’s fleet by leasing them a
new 787-9,” said Grant Levy, Executive Vice President of Air Lease
Corporation.
ALC currently has Airbus A320s and Boeing
777-300ERs on lease to Air New Zealand, with the five new A321neo
and A320neo aircraft which start delivering later this year on long
term leases.
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.
About Air New Zealand (NZX: AIR; ASX: AIZ)
Air New Zealand is an international and domestic
airline group which provides air passenger and cargo transport
services from New Zealand to Australia, the Pacific Islands, Asia,
North and South America and the United Kingdom.
Investors:
Ryan McKenna
Vice President
Email: rmckenna@airleasecorp.com
Media:
Laura St. John
Manager, Media and Investor Relations
Email: lstjohn@airleasecorp.com
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