Air Lease Corporation Announces Lease Placement of New Boeing 787-9 Dreamliner with LOT Polish Airlines
April 19 2017 - 6:31AM
Today Air Lease Corporation (NYSE:AL) announced a long-term lease
agreement with LOT (Poland) for a new Boeing 787-9 aircraft with
Rolls Royce Trent 1000 engines. The aircraft is from ALC’s
order book with Boeing and will deliver in the second quarter of
2018.
“We are very pleased to announce this new 787-9
lease placement with LOT. In addition to the six new 737 MAX
8s ALC placed with LOT last year (first delivery November 2017),
the Dreamliner offers new efficiencies and an enhanced passenger
experience that will better serve their growing route networks,”
said Alex Khatibi, Air Lease Corporation’s Executive Vice
President.
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 LOT Polish Airlines
LOT Polish Airlines is a modern airline that
connects Central and Eastern Europe with the world. It provides
nearly 5 million passengers a year with the shortest and most
comfortable travel options to almost 60 destinations worldwide via
Warsaw, a competitive hub that offers fast connections. As the only
carrier in the region, LOT offers direct long-haul flights to New
York, Chicago, Newark, Los Angeles, Toronto, Beijing, Tokyo and
Seoul. It flies one of the youngest fleets in Europe and, as the
only airline, operates the Boeing 787 Dreamliner, the world's most
advanced aircraft, on all long-haul connections. LOT relies
primarily on the passion and positive energy of its team members,
including top ranking pilots in the global aviation business, often
champions in many aviation sports. With 87 years of experience, LOT
is also one of the oldest airlines in the world and the most
internationally recognized Polish brand.
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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