Air Lease Corporation Announces Lease Placement of Three New Boeing 787-9 Aircraft with Air Astana
November 11 2022 - 6:33AM
Business Wire
Today Air Lease Corporation (NYSE: AL) announced long-term lease
placements for three new Boeing 787-9 aircraft with Air Astana, the
national carrier of Kazakhstan. The aircraft are scheduled to
deliver to Air Astana beginning in early 2025 through spring 2026
from ALC’s order book with Boeing.
“We are pleased to announce this lease placement for three new
Boeing 787-9 aircraft with Air Astana today,” said Steven
Udvar-Házy, Executive Chairman of Air Lease Corporation. “These
three ALC Dreamliner aircraft will greatly enhance Air Astana’s
long-range capabilities and passenger comfort as the airline
expands international routes from Kazakhstan.”
“ALC is honored to announce this lease placement with longtime
customer Air Astana and be a part of the airline’s fleet
modernization program by adding three highly efficient new Boeing
787-9 aircraft to Air Astana’s fleet,” added Alex Khatibi,
Executive Vice President of Air Lease Corporation.
“The Boeing 787-9 is an important aircraft to Air Astana’s fleet
modernization as we expand our routes and focus on passenger
experience,” said Peter Foster, President and Chief Executive
Officer of Air Astana. “The Dreamliner offers fuel-efficiency and
range flexibility that will greatly add to our current fleet
operations.”
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)
Air Lease Corporation is a leading global 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 new commercial
aircraft and leasing them to its airline customers worldwide
through customized aircraft leasing and financing solutions. The
company routinely posts information that may be important to
investors in the “Investors” section of its website at
www.airleasecorp.com. Investors and potential investors are
encouraged to consult Air Lease Corporation’s website regularly for
important information. The information contained on, or that may be
accessed through, ALC’s website is not incorporated by reference
into, and is not a part of, this press release.
About Air Astana
Air 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, Nur-sultan Nazarbayev International Airport, Atyrau Airport,
and Aktau Airport. Today the Air Astana Group operates a fleet of
40 aircraft with an average age of 5.2 years, split between Air
Astana, its full service airline established in 2002, and
FlyArystan, its low cost airline established in 2019. It operates
over 64 domestic and international routes. Its passengers are
served by more than 5,500 highly qualified staff, the majority of
whom are from Kazakhstan, supplemented by experienced foreign
personnel. Since autumn 2005 the Air Astana team has been headed by
Peter Foster, an airline executive with more than 40 years of
management experience.
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version on businesswire.com: https://www.businesswire.com/news/home/20221111005152/en/
Investors:
Jason Arnold Vice President, Investor Relations Email:
investors@airleasecorp.com
Media:
Laura Woeste Senior Manager, Media and Investor Relations Email:
press@airleasecorp.com
Ashley Arnold Manager, Media and Investor Relations Email:
press@airleasecorp.com
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