Air Lease Corporation Announces Delivery of One New Airbus A321-200neo LR Aircraft to Air Astana

LOS ANGELES, California, April 12, 2021 – Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Astana.  This aircraft, featuring Pratt & Whitney PW1133G engines, is the fifth new A321-200neo LR to deliver to Air Astana from ALC’s order book with Airbus.  In addition to the five A321-200neo LRs, Air Astana also has one A320-200, two A320-200neos and one A321-200neo on long-term lease from ALC.

“ALC is pleased to deliver this fifth A321-200neo LR aircraft to Air Astana today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “Our team has been thrilled to assist the airline with their long-term fleet modernization program.”

“We are pleased to have taken delivery of our fifth A321LR from our partners at ALC,” said Peter Foster, President and Chief Executive Officer of Air Astana.  “The LR, with its improved range, lower emissions and outstanding two class configuration, including a 16 lie-flat seat Business Class cabin, is proving immensely popular with customers and crews alike, as we expand our international network following last year’s significant reduction.”