Air Lease Corporation signs lease agreement for one Boeing 737-800 with Far Eastern Air Transport

Air Lease Corporation signed a long term lease agreement with Far Eastern Air Transport (FEAT), an international airline based in Taipei, Taiwan, for one Boeing 737-800. The aircraft is presently on lease to a European carrier since early 2012 and will deliver to FEAT in June 2016. This is ALC’s second 737 lease placement with FEAT, the first being a new 737-800 delivering in the second quarter of 2016, which was announced earlier this year.