Sichuan Airlines Signs Agreement to Lease New Airbus A350-900 Aircraft from Air Lease Corporation
January 03 2017 - 6:31AM
Air Lease Corporation (NYSE:AL) announced today the placement of
one Airbus A350-900 new technology wide body jet on long term lease
to Sichuan Airlines (Chengdu, China). The aircraft will
deliver in the first quarter of 2019 from ALC’s order book with
Airbus. The A350-900 will be primarily operated across the
Pacific, linking major cities in China with USA and Canada.
"Sichuan Airlines is a loyal and respected ALC
customer that has leased A330-200, A330-300, A319, and A321
aircraft from ALC. Later this year, Sichuan will receive the
first A320neo and A321neo leased into China from ALC, also on long
term leases and from ALC's order book," said Jie Chen, Air Lease
Corporation’s Executive Vice President and Managing Director,
Asia.
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 Sichuan Airlines
Sichuan Airlines Co., Ltd. is a regional airline
headquartered on the grounds of Chengdu Shuangliu International
Airport in Chengdu, Sichuan in China. Sichuan Airlines serves
108 destinations in 16 countries across Asia, Europe and Australia,
including long-haul overseas routes to Vancouver, Melbourne, and
Los Angeles, but operates mainly scheduled domestic flights out of
Chengdu Shuangliu Airport and Chongqing Jiangbei International
Airport.
Investors:
Ryan McKenna
Vice President
Email: rmckenna@airleasecorp.com
Media:
Laura St. John
Manager, Media and Investor Relations
Email: lstjohn@airleasecorp.com
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