Air Lease Corporation Announces the Placement of Three New Boeing 737-800s with China Airlines

LOS ANGELES—(BUSINESS WIRE)—Today Air Lease Corporation (NYSE: AL) announced lease agreements with China Airlines for three new Boeing 737-800 aircraft, which are scheduled for delivery in 2015 and 2016. These aircraft are from ALC’s order book from Boeing.

“We are excited to announce this strategic placement of three new 737-800s with China Airlines. Although a new customer to ALC, China Airlines and our management team have enjoyed a successful relationship for many years, and therefore we are particularly pleased to now welcome China Airlines to the ALC family,” said John Plueger, President and Chief Operating Officer of Air Lease Corporation.

“China Airlines is very pleased to conclude its first transaction with ALC,” said Huang-Hsiang Sun, Chairman of China Airlines. “The addition of these new 737-800s will further strengthen our competitiveness in the regional service and enhance our overall product offering.”