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Air Lease Corporation Declares Quarterly Cash Dividend of $0.025 per Share



  Air Lease Corporation Declares Quarterly Cash Dividend of $0.025 per Share

Business Wire

LOS ANGELES -- February 28, 2013

Air Lease Corporation (NYSE: AL) (the “Company”) today announced the
declaration of the Company’s first quarterly cash dividend in the amount of
$0.025 per share of the Company’s outstanding common stock. The cash dividend
is payable on March 26, 2013 to the shareholders of record at the close of
business on March 21, 2013.

This quarterly cash dividend is pursuant to a cash dividend policy approved by
the Company’s Board of Directors. However, the actual declaration of future
cash dividends, and the establishment of record and payment dates for any such
dividends, is subject to the final determination by the Board of Directors
each quarter, in its sole discretion, after its review of the Company’s
financial performance.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, including statements
relating to the future declaration and payment of dividends. Such statements
are based on current expectations and projections about the Company’s 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 the Company’s filings with the Securities and Exchange
Commission.

About Air Lease Corporation (NYSE: AL)

ALC is an 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 partners worldwide through customized
aircraft leasing and financing solutions. For more information, visit ALC's
website at www.airleasecorp.com.

Contact:

Air Lease Corporation
Investors:
Ryan McKenna
Assistant Vice President
Strategic Planning and Investor Relations
rmckenna@airleasecorp.com
or
Media:
Laura St. John
Media and Investor Relations Coordinator
lstjohn@airleasecorp.co
310-553-0555
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