LOS ANGELES, May 17, 2018 - Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new Boeing 737 MAX 8 aircraft on lease to Travel Service (SmartWings). This aircraft is the first of two 737 MAX 8 aircraft scheduled for delivery to Travel Service, with the next aircraft delivering in 2019.

“We are delighted to deliver a new 737 MAX to Travel Service today,” said Alex Khatibi, Executive Vice President of Air Lease Corporation. “Travel Service’s high service standards coupled with their fleet upgrade to the MAX will bring their customer experience and network development to the next level.”