Air Lease Corporation Announces the Placement of Six New Boeing 737-800s with Aerolíneas Argentinas

  Air Lease Corporation Announces the Placement of Six New Boeing 737-800s
  with Aerolíneas Argentinas

Business Wire

LOS ANGELES -- April 10, 2013

Today Air Lease Corporation (NYSE: AL) announced a lease agreement with
Aerolíneas Argentinas  for six new Boeing 737-800 aircraft, each on lease for
twelve years. The aircraft are scheduled for delivery between November 2014
and February 2016.

“ALC continues to expand our relationships globally with airlines that have
strong operational and growth plans. We are pleased to add Aerolíneas
Argentinas as a new customer and look forward to working with them in the
years to come,” said Matt Stevens, Air Lease Corporation’s Marketing Manager
of Latin America.

“For the last four years Aerolíneas Argentinas has been committed to a solid
business plan focusing on our domestic and regional core route network. As the
fleet renewal continues, the Boeing 737 NG has been introduced with excellent
results. Aerolíneas Argentinas is proud to welcome six new Boeing 737-800 NG
from ALC. We look forward to a long term and productive business relationship
with the leading and prestigious lessor,” said Sergio García Gómez, Manager of
Fleet Planning and Financial Restructuring at Aerolíneas Argentinas.

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 www.airleasecorp.com.

About Aerolíneas Argentinas

Founded in 1950, Aerolíneas Argentinas is one of the leading South American
carriers. From its home bases in Aeroparque Jorge Newbery and Ezeiza
International Airport in Buenos Aires, Aerolíneas Argentinas flies to 18
international destinations in The Americas, Europe and the South Pacific.
Along with Austral Líneas Aéreas, Aerolíneas operates flights to 35
destinations in Argentina, flying to more cities in the Argentine territory
than any other airline. Aerolíneas provides dynamic links between Argentina
and the region through its relaunched hub in Aeroparque Jorge Newbery city
airport. The Aerolíneas group is carrying out an ambitious fleet renewal
program.

Contact:

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