Air Lease Corporation Announces the Placement of Two Boeing 737-800 Aircraft with Siam Air Transport

Air Lease Corporation (NYSE: AL) announced lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. These aircraft will deliver in the fourth quarter of 2015.

“We are very pleased to announce this lease placement with Siam Air Transport, a new customer for ALC in Asia. These aircraft are a key addition to Siam Air Transport’s fleet as they continue to expand their route network in the region,” said Jie Chen, ALC’s Executive Vice President and Managing Director, Asia.

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, 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 Siam Air Transport

Founded in 2013, Siam Air Transport is based at Bangkok’s Don Mueang Airport. They currently operate two Boeing 737-300s to three destinations in Hong Kong and China.

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