Air Lease Corporation Announces the Placement of One New Airbus A321-200 with Etihad Airways

LOS ANGELES, California, May 28, 2013 — Today Air Lease Corp oration (NYSE: AL) announced a long term lease agreement with Etihad Airways based in Abu Dhabi, United Arab Emirates, for one new Airbus A321-200 aircraft with sharklets, scheduled for delivery in April 2015.

“We are delighted to have completed this transaction with Etihad Airways. This agreement demonstrates Etihad Airways’ and Air Lease Corporation’s continued commitment to modern and fuel efficient aircraft,” said Alex Khatibi, Executive Vice President of Air Lease Corporation.

Kevin Knight, Chief Strategy and Planning Officer at Etihad Airways, said: “Our expansion plans are well on track, and with this tenth A321 we will be able to provide additional depth and capacity to our existing network. We are delighted to be working with Air Lease Corporation and expect to further build upon the strong ties that have already been established.”

Etihad Airways estimates it will deploy the A321 aircraft on short to medium-haul routes to the Middle East and India.