Boeing, Air Lease Corporation Celebrate First Direct Delivery 777-300ER

   Boeing, Air Lease Corporation Celebrate First Direct Delivery 777-300ER

- First of 15 new 777-300ERs ordered by ALC in 2012 and 2013

- Airplane first of two 777-300ERs on long term lease to British Airways

PR Newswire

SEATTLE, May 28, 2014

SEATTLE, May 28, 2014 /PRNewswire/ -- Boeing (NYSE: BA) and Air Lease
Corporation (ALC) celebrated the direct delivery of the first of 15 777-300ERs
(Extended Range) from its existing order pipeline with the manufacturer. This
777-300ER, the eighth 777 in ALC's fleet, is one of two delivering to British
Airways on long-term lease from the lessor. The second 777-300ER for British
Airways is scheduled to deliver from Boeing in July 2014.

"The operational capabilities and versatility of the 777-300ER provide
significant profitability potential for our customers," said ALC Chairman and
CEO Steven F. Udvar-Hazy. "With its leading economics and passenger-pleasing
interior, this aircraft has maintained a broad customer base year after year
and will continue to do so long into the future."

Udvar-Hazy helped launch the 777-300ER in 2004, and has ordered 94 777s during
his career in the industry. This includes 43 777-200ERs, eight 777-300s and 43
777-300ERs – more than any other lessor and the second most of any Boeing

"We are honored that the 777 has a role in ALC's success," said Bill Collins,
vice president of Leasing Sales, Boeing Commercial Airplanes. "The combination
of efficiency, industry-leading reliability and award-winning cabin design of
the 777-300ER offers operators increased revenue and a superior passenger

The Boeing 777 is the world's most successful twin-engine, long-haul airplane.
The 777-300ER extends the 777 family's span of capabilities, bringing
twin-engine efficiency and reliability to the long-range market. The airplane
can fly up to 7,825 nautical miles (14,490 kilometers) and isequipped with
GE90-115B engines, the world's most powerful commercial jet engine.

Karen Crabtree
Leasing Sales Communications
Boeing Commercial Airplanes
+1 206-766-2930

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