ANGELES, March 17, 2020 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced long-term lease placements for two used Airbus A330-200 aircraft with Nordwind Airlines.  Previously on long-term lease from ALC to Vietnam Airlines, these aircraft will deliver to Moscow-based Nordwind Airlines in the Spring.

“ALC is pleased to announce this A330-200 lease placement with our long-time customer, Nordwind Airlines,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “These two A330-200s will complement Nordwind’s current fleet operations on the airline’s long-haul network to Southeast Asia, Africa, Turkey and the Caribbean.”

On lease from ALC to Vietnam Airlines since 2011, these two used A330-200s were replaced with two new Boeing 787-10 aircraft delivered to Vietnam Airlines from ALC’s order book with Boeing in the past few weeks.