Air Lease Corporation (NYSE: AL) announced today that Corendon Airlines
(Turkey) and ALC signed a 5 year lease agreement for one Boeing 737-800
(MSN 32920) aircraft, delivering in February 2013.
Corendon Airlines is a regional carrier operating 30 routes out of
Antalya Airport, Turkey. Corendon has experienced significant annual
passenger growth since the airline’s inception in 2005.
"ALC is pleased to announce our first aircraft placement with Corendon
Airlines, which is a new addition to our expanding global customer base.
We will continue to support Corendon as they grow their business with
modern, fuel efficient aircraft," said Alex Khatibi, Executive Vice
President of Air Lease Corporation.
“This agreement is not only a step in our 2013 fleet expansion project,
but also a start of the relationship with ALC, a prominent aircraft
leasing company,” said Yildiray Karaer, Chief Executive Officer of
Corendon Airlines.
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 an 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 partners
worldwide through customized aircraft leasing and financing solutions.
For more information, visit ALC's website at www.airleasecorp.com.
About Corendon Airlines
Corendon is a Dutch-Turkish group of companies, doing business mainly in
Tourism and Aviation. Corendon Airlines is a Turkish registered charter
airline authorized by the Republic of Turkey Ministry of Transport and
Communication under the license number of TR-015. One and a half million
passengers has chosen Corendon Airlines in the year of 2012 to various
destinations including; Austria, Belgium, Bosnia and Herzegovina,
Croatia, Czech Republic, Denmark, Finland, France, Germany, Iceland,
Israel, Italy, Kazakhstan, Kosovo, Macedonia, Netherlands, Norway,
Poland, Romania, Spain, Sweden, Switzerland etc. More information can be
reached via Corendon's website at www.corendon.com.