LOS ANGELES, California, March 31, 2021 – Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 787-9 aircraft on long-term lease to Air Premia (South Korea).  Featuring Rolls-Royce Trent 1000 engines, this aircraft is the first of three new Boeing 787-9s confirmed to deliver to Air Premia from ALC’s order book with Boeing this year.

“We are thrilled to announce this first of three Boeing 787-9 aircraft delivery to Air Premia today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “As the first aircraft in the Air Premia fleet, this ALC Dreamliner will launch the new airline’s international network and contribute to an excellent debut in the Korea marketplace.”

“We cannot describe in words how grateful and honored we are to receive our first Boeing 787 Dreamliner,” said Mr. Peter JY Sim, CEO of Air Premia.  “Today, thanks to our great partnership with ALC, is a historic moment for the Korean Air Transportation Industry with the birth of our new hybrid service carrier: Air Premia.  Our airline will soon bring hope and joy to those in dire thirst of a true journey with comfort and care.”