Air Lease Corporation Announces Lease Placement of New Boeing 787 Dreamliner with Aeromexico
February 28 2017 - 6:31AM
Today Air Lease Corporation (NYSE:AL) announced a long term lease
agreement with Aeromexico for one new Boeing 787-9 aircraft with
General Electric engines. The aircraft is from ALC’s order book
with Boeing and is scheduled for delivery in June 2018.
"When ALC began in 2010, Aeromexico was our first
customer in Latin America. This will be our second new 787-9
on lease to the airline, the first 787-9 delivered in November
2016. The aircraft will be flown primarily on flights between
Mexico and Europe and to Asia, replacing a 777-200 being returned
to another lessor," said Steven F. Udvar-Hazy, Executive Chairman
of Air Lease Corporation.
"We are pleased to lease another new Boeing 787-9
from ALC in mid-2018, to further strengthen our growing
intercontinental route network,” said Dr. Andrés Conesa, Chief
Executive Officer of Aeromexico.
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 Aeromexico
Grupo Aeromexico, S.A.B. de C.V. is a holding
company whose subsidiaries are engaged in commercial aviation in
Mexico and the promotion of passenger loyalty programs. Aeromexico,
the largest airline in Mexico, operates more than 600 daily flights
and its main hub is in Terminal 2 at the Mexico City International
Airport. Its destinations network features more than 80 cities on
three continents, including 45 destinations in Mexico, 16 in the
United States, 16 in Latin America, three in Europe, two in Asia
and two in Canada. The Group's fleet of more than 120 aircraft is
comprised of Boeing 787, 777, 767 and 737 jet airliners and next
generation Embraer 170, 175 and 190 models. In 2012, the airline
announced the most significant investment strategy in aviation
history in Mexico, to purchase 100 Boeing aircraft including 90 MAX
B737 jet airliners and 10 B787-9 Dreamliners.
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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