Air Lease Corporation Announces Delivery of New Airbus A321neo Aircraft to SKY

Rhea-AI Summary

Air Lease Corporation (NYSE: AL) has delivered its first Airbus A321neo aircraft on a long-term lease to SKY in Chile. This marks a significant milestone as it is the inaugural Airbus A321neo to operate in the country. Matthew Stevens, ALC's Assistant Vice President of Marketing, expressed excitement about the delivery, highlighting its potential to enhance sustainability and operational efficiency for SKY.

Positive

• Delivery of the first Airbus A321neo in Chile, enhancing the airline's fleet.
• Expected positive impact on sustainability and fleet operations for SKY.

Negative

• None.

Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321neo aircraft on long-term lease to SKY (Chile). This is the first Airbus A321neo to operate in Chile.

“ALC is pleased to deliver this new Airbus A321neo aircraft to SKY and be the first to introduce the aircraft to the airline and country of Chile,” said Matthew Stevens, Assistant Vice President of Marketing at Air Lease Corporation. “It is a privilege to work with SKY, and we believe this next generation aircraft will positively contribute to the airline’s sustainability and fleet operations.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

About Air Lease Corporation (NYSE: AL)

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. ALC routinely posts information that may be important to investors in the “Investors” section of ALC’s website at www.airleasecorp.com. Investors and potential investors are encouraged to consult the ALC website regularly for important information about ALC. The information contained on, or that may be accessed through, ALC’s website is not incorporated by reference into, and is not a part of, this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210726005776/en/

FAQ

What aircraft did Air Lease Corporation deliver to SKY in Chile?

Air Lease Corporation delivered one Airbus A321neo aircraft to SKY on a long-term lease.

Is the Airbus A321neo the first of its kind in Chile?

Yes, it is the first Airbus A321neo to operate in Chile.

What is the significance of the Airbus A321neo delivery for ALC?

The delivery signifies ALC's role in introducing next-generation aircraft to emerging markets.

What does ALC expect from the new aircraft's operation with SKY?

ALC expects the aircraft to positively contribute to SKY's sustainability and fleet operations.