Air Lease Corporation Announces Lease Placements of Three New Boeing 737-800 Aircraft With China Eastern Airlines
June 10 2015 - 6:32AM
Business Wire
Today Air Lease Corporation (NYSE: AL) announced long term lease
agreements with China Eastern Airlines for three new Boeing 737-800
aircraft. The aircraft are from ALC’s order book with Boeing and
are scheduled for delivery in 2016.
“We have worked closely with China Eastern Airlines’ management
team to develop long term jet aircraft leasing programs to optimize
their fleet. The airline has already leased 15 new Airbus and
Boeing jets from ALC, all of which have been delivered to the
airline. The three additional 737-800s announced today bring the
total to eighteen aircraft, demonstrating the importance of this
continued long term relationship,” said Michael Bai, Vice President
of Air Lease Corporation.
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 China Eastern Airlines
China Eastern Airlines Corporation Limited (NYSE: CEA; SSE:
600115; SEHK: 0670) is headquartered in the China Eastern Airlines
Building on the grounds of Shanghai Hongqiao International Airport
in Changning District, Shanghai, China. It is a major Chinese
airline operating international, domestic and regional routes, with
main hubs at Shanghai Pudong International Airport and Shanghai
Hongqiao International Airport.
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version on businesswire.com: http://www.businesswire.com/news/home/20150610005385/en/
Air Lease CorporationInvestors:Ryan McKennaVice PresidentEmail:
rmckenna@airleasecorp.comorMedia:Laura St. JohnManager, Media and
Investor RelationsEmail: lstjohn@airleasecorp.comPhone:
310-553-0555
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