Air Lease Corporation Announces Lease Placement of Two New Boeing 777-300ERs to British Airways

  Air Lease Corporation Announces Lease Placement of Two New Boeing 777-300ERs
  to British Airways

Business Wire

LOS ANGELES -- January 9, 2013

Air Lease Corporation (NYSE: AL) announced today that British Airways and ALC
signed 10 year lease agreements for two (2) new Boeing 777-300ER wide-body
aircraft. The two new Boeing 777s will be delivered to the airline in May and
July 2014. ALC ordered these aircraft from Boeing as part of a larger contract
in 2011.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including expected
delivery dates. 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 an aircraft leasing company based in Los Angeles, Californiathat has
airline customers throughout the world. ALC and its team of dedicated and
experienced professionalsare principally engaged in purchasing commercial
aircraft and leasing them toits airline partners worldwide through customized
aircraft leasing and financing solutions. For more information, visitALC's
website at

About British Airways

British Airways, part of International Airlines Group, is one of the world's
leading global premium airlines and the largest international carrier in the
UK. The carrier has its home base at London Heathrow, the world's busiest
international airport and operates up to 750 flights a day to more than 70
different countries. In the past 12 months the airline carried over 34 million
customers. The airline currently has a fleet of more than 240 aircraft.


Air Lease Corporation
Ryan McKenna
Assistant Vice President
Strategic Planning and Investor Relations
Laura St. John
Media and Investor Relations Coordinator
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