ALC announces additional aircraft purchases and lease placements

Air Lease Corporation announced  the following transactions covering 11 twin aisle aircraft and two single aisle aircraft including: the purchase of eight new Boeing 787-9 aircraft for lease to Vietnam Airlines with deliveries of the eight 787-9 “Dreamliner” aircraft scheduled for 2017 and 2018. This transaction marks ALC’s longest lead time for a lease placement to date. ALC also purchased from Macquarie Aviation one B777-300ER on long term lease to Emirates (a new customer for ALC), one incremental A330-200 on long term lease to KLM delivering in 2013, one A330-300 from the ALC pipeline on long term lease to Sichuan Airlines delivering in 2013 (Sichuan airlines also executed a four year extension on one A319 aircraft currently on lease from ALC) and one Embraer 190 from the ALC pipeline leased to LAM (Mozambique) delivering in 2012.