Sep 4, 2019   SOURCE: BusinessWire

Air Lease Corporation Announces Delivery of New Airbus A330-900neo Aircraft to Hi Fly

Air Lease Corporation (“ALC”) (NYSE: AL) announced the delivery of one new Airbus A330-900neo aircraft on long-term lease to Hi Fly (Portugal). Featuring Rolls-Royce Trent 7000 engines, this A330-900neo delivered from ALC’s order book with Airbus.

“We are pleased to announce the delivery of this new A330-900neo aircraft to Hi Fly today,” said Marc Baer, Executive Vice President of Air Lease Corporation. “Hi Fly is a new customer to the ALC family and we believe this new A330-900neo will significantly contribute to the airline’s current widebody fleet, offering increased efficiency and technological innovation to maintain Hi Fly’s competitive position in the European market.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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 Hi Fly

Hi Fly is a European airline headquartered in Lisbon, Portugal and the largest widebody aircraft wet leasing specialist operating an all Airbus fleet, of mostly Airbus A330's, A340's and A380’s. Hi Fly has specialized for over a decade in worldwide aircraft leases and ACMI services on short, medium and long-term contracts mainly for airlines, governments, tour operators, companies and individuals. Hi Fly is EASA and IOSA certified and FAA approved, with AOC's in Portugal and Malta, and authorized to operate globally.