Air Lease Corporation Announces First New Airbus A321-200neo delivery to WOW air

LOS ANGELES, June 21, 2017 – Air Lease Corporation (NYSE: AL) announced today the delivery of its first new Airbus A321-200neo on long-term leases to WOW air (Iceland). Meanwhile, the aircraft made its Paris flying-display debut to the media and airline industry at this year’s International Paris Air Show. The largest member of Airbus’ re-engined A320neo family, the A321neo made its first flight in February 2016.

The lessor has delivered four A321-200 CEOs and one A320-200neo to the airline since May 2016, with one additional A321-200neo aircraft scheduled to deliver in Q1 2018.

“ALC is very pleased to announce our first A321neo delivery with WOW air, which will be the first of more than 140 new A321neo aircraft in ALC’s order book with Airbus,” said Grant Levy, Air Lease Corporation’s Executive Vice President.