Air Lease Corporation takes Delivery of its First new Boeing 737 MAX
December 01 2017 - 6:20PM
First of Six New Boeing 737 MAX 8 Aircraft
leased to LOT Polish AirlinesFirst 737 MAX to operate in Central
& East Europe
Air Lease Corporation (NYSE:AL) (ALC) announced today the delivery
of its first Boeing 737 MAX in Seattle, Washington. The
aircraft, a Boeing 737 MAX 8, is the first of six 737 MAX 8
aircraft on long term lease to LOT Polish Airlines from ALC’s order
book with Boeing. This event also marks the first Boeing 737
MAX to operate in Central & East Europe, as well as the first
737 MAX aircraft in LOT Polish Airlines’ fleet.
Since inception, ALC has purchased and delivered
75 new 737-800s and ordered a total of 130 737 MAX aircraft, the
first of which delivered to LOT.
"We are very pleased to deliver our first ever
Boeing 737 MAX to LOT and look forward to the continued growth of
our relationship with the airline as it expands and optimizes and
modernizes its fleet and route network,” said Steven F. Udvar-Hazy,
ALC’s Executive Chairman.
“ALC is a widely recognized leader in the
commercial aviation industry,” said Boeing Commercial Airplanes
President & CEO Kevin McAllister. “We are very proud of our
relationship with ALC and excited they are taking delivery of their
first 737 MAX 8. We’re confident the airplane’s extended
range, market-leading economics and reliability will be a game
changer for ALC and a very popular choice for its
customers.”
Forward-Looking Statements
This 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 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 DePalmaHead of Investor RelationsEmail:
mdepalma@airleasecorp.com Media: Laura Woeste Manager, Media and
Investor Relations Email: lwoeste@airleasecorp.com
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