PARIS, France, June 17, 2019 – Air Lease Corporation (NYSE: AL; “ALC”) announced today long-term lease agreements for ten Airbus A321-200neo aircraft with Sichuan Airlines. Scheduled to deliver from ALC’s order book with Airbus starting in 2021 through 2022, the ten A321-200neos join one A350-900, one A321-200neo, one A320-200neo, four A321-200s, one A330-300 and one A330-200 aircraft currently on lease to the airline from ALC.

“This significant lease placement exhibits ALC’s strong relationship with Sichuan Airlines and signals yet another chapter in our partnership,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “We are extremely honored to once again partner with the Sichuan team as the airline continues to excel as a leading carrier with a world-class fleet.”