CFM: AIR LEASE PLACES $520M ORDER FOR CFM LEAP-1B ENGINES

     (The following press release from General Electric Corp. was received by 
e-mail. The sender verified the statement.) 
Air Lease Corporation places $520 million order for CFM LEAP-1B engines 
*   Takes total LEAP-1B orders to 208 engines 
FARNBOROUGH, England - 15 July 2014 - Air Lease Corporation (NYSE: AL) today 
announced an order for a total of 40 LEAP-1B engines to power 10 new Boeing 737 
MAX 8 aircraft as well as engines for 10 additional MAX 8 aircraft that were 
part of a previously unidentified order. CFM values the total order at $520 
million U.S. at list price. 
"We believe the LEAP-1B-powered Boeing 737 MAX 8 aircraft will be a key part of 
our fleet going forward," said Steven F. Udvar-Házy, Air Lease Corporation's 
Chairman and Chief Executive Officer. "These advanced technology engines 
deliver higher efficiency and reliability, which is paramount to the 
operational stability and success of our airline customers." 
Air Lease Corporation (ALC) specializes in purchasing new commercial aircraft 
and leasing them to its airline customers worldwide through customized leasing 
and financing solutions. 
The LEAP-1B, which is the sole powerplant for the Boeing 737 MAX, began ground 
testing in June 2014 three days ahead of schedule. The engine is part of the 
most extensive ground and flight test certification program in the company's 
history and will encompass 60 engine builds over the next three years and will 
accumulate approximately 40,000 cycles before entry into service. 
"We have every confidence that the LEAP engine will quickly become a valued 
asset in the Air Lease portfolio," said Jean-Paul Ebanga, president and CEO of 
CFM International Jean-Paul Ebanga. "As we continue to test these engines, our 
confidence in the technology choices we have made continues to grow as does our 
assurance that the LEAP product family will continue to be the engine of choice 
for single-aisle aircraft." 
""We are very pleased that Air Lease continues to place its trust in CFM 
engines," said Chaker Chahrour, vice president and general manager of Global 
Sales & Marketing for CFM parent company GE Aviation. "Reliability and 
operating economics are more important for airlines than ever. This vote of 
confidence from ALC signifies that they believe the LEAP-1B will deliver on 
both of those metrics." 
About Air Lease Corporation (NYSE: AL) 
ALC is a leading 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 customers worldwide through customized 
aircraft leasing and financing solutions. For more information, visit ALC's 
website at www.airleasecorp.com. 
About CFM International 
LEAP engines are a product of CFM International, a 50/50 joint company between 
Snecma (Safran) and GE. CFM is the world's leading supplier of commercial 
aircraft engines and has delivered more than 26,500 CFM56 engines to date. For 
more information, visit us at www.cfmaeroengines.com or follow us on Twitter 
@CFM_engines.
###  
For more information, contact:
Jamie Jewell
513.552.2790
jamie.jewell@ge.com<mailto:jamie.jewell@ge.com>
Mobile: 513.885.2282 
Rick Kennedy
513.243.3372
rick.l.kennedy@ge.com<mailto:rick.l.kennedy@ge.com>
Mobile: 513.607.0609 
NY(lsk)
 
 
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