LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today the delivery of the first of four new Airbus A321-200 aircraft leased to Air China (Beijing). This delivery is part of a large long term lease placement of 13 new aircraft with Air China from ALC’s order book with Airbus and Boeing. Air China also leased nine new Boeing 737-800s from ALC, five of which have been delivered.
“Air China is one of ALC’s largest airline lease customers in Asia for both single and twin-aisle aircraft,” said Jie Chen, Executive Vice President and Managing Director, Asia. “ALC has worked closely with Air China’s management team to optimize their fleet with new fuel efficient aircraft to cover replacement requirements.”
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 Air China
Air China is the flag carrier and one of the major airlines of China and is headquartered in Beijing. With flight operations based out of Beijing Capital International Airport, Air China’s route network extends throughout Asia to the Middle East, Western Europe, and North America.