Air Lease Corporation Announces Delivery of First of Two New Boeing 777-300ERs with Air New Zealand

  Air Lease Corporation Announces Delivery of First of Two New Boeing
  777-300ERs with Air New Zealand

Business Wire

LOS ANGELES -- June 10, 2014

Air Lease Corporation (NYSE: AL) announced the delivery of the first of two
new Boeing 777-300ER widebody aircraft to Air New Zealand. A second new
777-300ER is scheduled for delivery this fall. Both aircraft are from ALC’s
order book with Boeing.

“We announce our delivery of this new Boeing 777-300ER with great pride and
appreciation, as this transaction furthers the excellent relationship between
ALC and Air New Zealand. We look forward to delivering another 777-300ER to
Air New Zealand this fall,” said Grant Levy, Executive Vice President of Air
Lease Corporation.

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 a leading 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 customers
worldwide through customized aircraft leasing and financing solutions. For
more information, visitALC's website at

About Air New Zealand (NZE: AIR) (ASX: AIZ)

Air New Zealand is an international and domestic airline group which provides
air passenger and cargo transport services within New Zealand, as well as to
and from Australia, the South Pacific, Asia, North America and the United


Air Lease Corporation
Ryan McKenna
Vice President
Laura St. John
Manager, Media and Investor Relations
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