Air Lease Corporation Announces Lease Placement of New Boeing 787-10 Aircraft with KLM

PARIS, France, June 17, 2019 – Air Lease Corporation (NYSE: AL; “ALC”) announced today a long-term lease placement for one new Boeing 787-10 aircraft with KLM Royal Dutch Airlines, scheduled for delivery in Spring 2021. The 787-10 aircraft will deliver from ALC’s order book with Boeing and join four 777-300ERs, one 777-200ER, three 737-800s and two Airbus A330-200s currently on lease to KLM from ALC.

“This new Boeing 787-10 placement continues ALC’s long and excellent relationship with KLM, one of our key European airline customers,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The 787-10 is a fundamental part of KLM’s long-haul operations and this new ALC Dreamliner will add to the airline’s current widebody fleet.”