GE REPORTS AIR LEASE ORDER FOR 6 GE90-POWERED BOEING 777-300ERS

     (The following press release from General Electric Corp. was received by  e-mail. The sender verified the statement.)    GE AVIATION NEWS RELEASE  Air Lease Corporation Places Order for GE90-Powered Boeing 777-300ERs  FARNBOROUGH AIR SHOW - July 15, 2014 - Air Lease Corporation (NYSE: AL) has  ordered six GE90-115B-powered Boeing 777-300ER aircraft. The engines are valued  at more than $400 million (USD) list price.  "The GE90-powered Boeing 777 has proven to be an exceptional aircraft-engine  combination, and I'm pleased to note this marks the 100th GE90-powered Boeing  777 aircraft ordered by ALC's senior management team," said Air Lease  Corporation Chairman and CEO Steven F. Udvar-Hazy.  "The GE90-powered Boeing 777 aircraft continues to be extremely popular with  customers around the world with its outstanding performance and reliability,"  said Chaker Chahrour, vice president and general manager of Global Sales &  Marketing at GE Aviation. "GE Aviation is honored this order allows Air Lease  Corporation to reach the 100 aircraft mark for GE90-powered Boeing 777  aircraft."  More than 1,500 GE90-115B engines have been ordered by customers for their  Boeing 777-300ERs, 777-200LRs and 777 Freighters. At 115,000 pounds of thrust,  the GE90-115B engine includes such performance-enhancing features as  three-dimensional aerodynamic (3-D aero) compressor and wide-chord, swept  composite fan blades for greater efficiency. The dual annular combustor emits  no more than 40 percent of the hydrocarbons allowed by today's international  standards. In addition, today's GE90-115B engines have been enhanced to reduce  fuel burn by 3.6 percent from the 2000 launch specifications.  Snecma of France and IHI Corporation of Japan are revenue-sharing participants  in the GE90 program.  The GE90-115B engine is part of GE's "ecomagination" product portfolio -- GE's  commitment to implementing innovative, cost-effective technologies that enhance  the customers' environmental and operating performance.  About Air Lease Corporation (NYSE: AL) Air Lease Corporation (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.  GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of  jet, turboprop and turboshaft engines, components and integrated systems for  commercial, military, business and general aviation aircraft. GE Aviation has a  global service network to support these offerings. For more information, visit  us at www.ge.com/aviation<http://www.ge.com/aviation>. Follow GE Aviation on  Twitter at http://twitter.com/GEAviation and YouTube at  http://www.youtube.com/user/GEAviation. For GE Aviation's Farnborough updates,  visit http://www.geaviation.com/shows.  ### For further information, contact: Rick Kennedy        +1.513.243.3372       rick.l.kennedy@ge.com<mailto:rick.l.kennedy@ge.com>          Mobile:  +1.513.607.0609  Deb Case                +1.513.243.0094       deborah.case@ge.com<mailto:deborah.case@ge.com>          Mobile:  +1.513.418.1644  NY (lsk)    
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