Air Lease Corporation Announces Delivery of First of Six New Airbus A321-200neo Aircraft to China Airlines

LOS ANGELES, California, November 29, 2021 – Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo aircraft on long-term lease to China Airlines.  Featuring Pratt & Whitney PW1133G-JM engines, this is the first of six new A321-200neos confirmed to deliver to the airline from ALC’s orderbook with Airbus.  This aircraft is the first A321neo to deliver to China Airlines.

“ALC is honored to be the first to introduce the A321neo to our long-time customer China Airlines.  The A321neo will become the backbone of China Airlines’ single-aisle fleet, providing fleet expansion and modernization, and elevation of their passenger experience to new levels.  The greater fuel efficiency and operating flexibility of the A321neo will also maximize profitability and further China Airlines environmental sustainability goals,” said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation.