LOS ANGELES, March 18, 2020 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Air Seychelles.  Featuring CFM International LEAP-1A26 engines, this aircraft delivered from ALC’s order book with Airbus.

“We are pleased to announce this new A320-200neo delivery to Air Seychelles today and further ALC’s long-time relationship with the airline,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “This new A320neo replaces an A320 aircraft that Air Seychelles previously had on lease from ALC and will enhance the airline’s current fleet operations.”