Air Lease Corporation Announces First New Airbus A321-200neo delivery to WOW Air
June 21 2017 - 04:30AM
Air Lease Corporation (NYSE:AL) announced today the delivery of its
first new Airbus A321-200neo on long-term leases to WOW air
(Iceland). Meanwhile, the aircraft made its Paris
flying-display debut to the media and airline industry at this
year’s International Paris Air Show. The largest member of
Airbus’s re-engined A320neo family, the A321neo made its first
flight in February 2016.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/bdcf2eaa-c0b6-4fc4-bd6b-0bd71a09c76a
The lessor has delivered four A321-200 CEOs and
one A320-200neo to the airline since May 2016, with one additional
A321-200neo aircraft scheduled to deliver in Q1 2018.
“ALC is very pleased to announce our first
A321neo delivery with WOW air, which will be the first of more than
140 new A321neo aircraft in ALC’s order book with Airbus,” said
Grant Levy, Air Lease Corporation’s Executive Vice President.
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 WOW air
WOW air is the only ultra-low-cost transatlantic
airline offering the cheap fares, a modern fleet with the lowest
emissions and the biggest smile; this is the WOW air promise to its
valuable customers.
As of June 2017, the airline serves 33
destinations across Europe and North America from its base at
Keflavík International Airport. Destinations include London,
Frankfurt, Paris, Washington DC, San Francisco, Los Angeles,
Montreal, Toronto and Boston.
Created in November 2011 by Icelandic
entrepreneur Skúli Mogensen, the purple airline flies Airbus A320
aircraft across Europe and Airbus A321/A330 aircraft that service
the transatlantic routes.
For more information: www.wowair.co.uk.
Investors:
Mary Liz DePalma
Director of Investor Relations
Email: mdepalma@airleasecorp.com
Media:
Laura St. John
Manager, Media and Investor Relations
Email: lstjohn@airleasecorp.com
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