Air Lease Corporation Announces Delivery of Boeing 787-9 Aircraft with LOT Polish Airlines
June 27 2018 - 4:31PM
Air Lease Corporation (NYSE:AL); (“ALC”) announced the delivery of
one new Boeing 787-9 aircraft on lease to LOT Polish Airlines. This
Boeing aircraft joins three B737-8 MAX aircraft currently on lease
to LOT from ALC, with an additional three B737-8 MAX aircraft
confirmed to deliver in 2018 and 2019 from ALC’s order
book with Boeing.
“We are pleased to announce the delivery of this
Boeing 787-9 aircraft to LOT today,” said Alex Khatibi,
Executive Vice President of Air Lease Corporation. “LOT is a
pioneer in the European market and with this new 787-9 Dreamliner,
the airline continues to demonstrate its highly competitive
position with a modern and diverse fleet.”
“LOT is the first airline in Europe whose
long-haul fleet consists only of Dreamliners. By the end of 2019,
we will have 15 Dreamliners in our fleet,” said Rafał Milczarski,
LOT’s CEO. “They are still considered to be the most
state-of-the-art aircraft in the world, offering unparalleled
travel experience in that class. I am convinced that the B787-9s
will significantly increase the number of seats on the existing
most popular routes. Boeing 787-9 will be perfect for our flagship
flights to selected American and Asian destinations and will enable
us to launch completely new routes as well. Investments in our
fleet and fruitful cooperation with ALC enable us to grow and gain
the leading position on the market in the Central and Eastern
Europe,” added Rafał Milczarski.
In commemoration of the 100th anniversary of
Poland’s renewed independence, this Boeing 787-9 Dreamliner will
feature a special patriotic livery designed by LOT.
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 carrier that
connects Central and Eastern Europe with the world. It provides
nearly 7 million passengers a year with the shortest and most
comfortable options to more than 100 destinations worldwide. As the
only carrier in the region LOT offers direct long-haul flights from
Warsaw to New York, Chicago, Los Angeles, Toronto, Beijing, Seoul,
Tokyo, Singapore and from Budapest to New York and Chicago.
LOT flies one of the youngest fleets in Europe and as the
only airline operates Boeing 787 Dreamliner, the world’s most
advanced aircraft, on all long-haul connections. With 89 years of
experience LOT is also one of the oldest airlines in the world and
the most internationally recognized Polish brand.
Investors:
Mary Liz DePalmaAssistant Vice President, Investor
RelationsEmail: mdepalma@airleasecorp.com
Media:
Laura Woeste Manager, Media and Investor RelationsEmail:
lwoeste@airleasecorp.com
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