Air Lease Corporation Announces Lease Placements of Four New Airbus A350-1000 Aircraft with Virgin Atlantic Airways
July 11 2016 - 5:15AM
Business Wire
Today Air Lease Corporation (NYSE: AL) announced long term lease
agreements for four new Airbus A350-1000 aircraft with Virgin
Atlantic Airways. The aircraft are from ALC’s order book with
Airbus, with two delivering in spring 2020 and two delivering in
spring 2021. These new A350-1000s will replace Virgin Atlantic
Airways’ Boeing 747 aircraft built in the 1990’s on routes from
London across the Atlantic.
“We have a long history and an excellent relationship with
Virgin Atlantic Airways, and we are pleased to be a part of
modernizing their long haul fleet,” said Steven F. Udvar-Házy,
Executive Chairman 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160711005291/en/
Air Lease CorporationInvestors:Ryan McKennaVice
President310-553-0555rmckenna@airleasecorp.comorMedia:Laura St.
JohnManager, Media and Investor
Relations310-553-0555lstjohn@airleasecorp.com
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