Air Lease Corporation Announces Delivery of First of 13 New Boeing 737 Aircraft to Alaska Airlines

LOS ANGELES, California, September 27, 2021 – Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-9 aircraft on long-term lease to Alaska Airlines.  Featuring CFM International LEAP -1B engines, this is the first of 13 new 737-9 aircraft confirmed to deliver to the airline as announced in November 2020 from ALC’s orderbook with Boeing.  This new 737-9 from ALC joins six 737-9s currently flying in Alaska Airlines’ fleet.

“ALC is pleased to announce this first of 13 new 737-9 aircraft delivery to Alaska Airlines today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “These new 737-9s from ALC will provide the most modern, fuel-efficient technology to advance the airline’s fleet modernization objectives.”

“Alaska Airlines is excited to take delivery of our seventh 737-9 from Boeing today, extending our partnership with Air Lease Corporation,” said Nat Pieper, Alaska’s Senior Vice President of Fleet, Finance and Alliances.  “Our 737-9 experience has been terrific to date.  The aircraft is fuel efficient, environmentally friendly, and our guests and teammates love flying it.”