Air Lease Corporation Announces the Lease Placement of Two New Boeing 737 MAX 8 Aircraft with MIAT Mongolian Airlines
April 18 2017 - 06:32AM
Today Air Lease Corporation (NYSE:AL) announced the long term lease
placement of two new Boeing 737 MAX 8 aircraft with MIAT Mongolian
Airlines. The aircraft are scheduled to deliver from ALC’s
order book with Boeing in late 2019 and early 2020.
“We are very pleased to announce these new 737
MAX 8 lease placements with MIAT. These aircraft are key additions
to MIAT’s fleet as they continue to expand their route network in
the region,” said Jie Chen, Air Lease Corporation’s Executive Vice
President and Managing Director, Asia.
“These two new 737 MAX 8 aircraft will help
serve our mission to connect Mongolia with the rest of the world
while increasing the quality, reliability and efficiency of our
fleet operations,” said Tamir Tumurbaatar, President and Chief
Executive Officer of MIAT Mongolian Airlines.
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 MIAT Mongolian Airlines
MIAT Mongolian Airlines is the Mongolian
national airline, headquartered in the MIAT Building in
Ulaanbaatar, the capital of Mongolia. The airline operates
international scheduled services from its base at Chinggis Khaan
International Airport near Ulaanbaatar.
Investors:
Mary Liz DePalma
Director of Investor Relations
Email: mdepalma@airleasecorp.com
Media:
Laura St. John
Manager, Media and Investor Relations
Email: lstjohn@airleasecorp.com
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