LOS ANGELES, June 26, 2017 (GLOBE NEWSWIRE) — Today Air Lease Corporation (NYSE:AL) announced the placement and recent delivery of one 737-800 aircraft (MSN 33982) on long-term lease to Royal Air Maroc (Morocco).
“We are pleased to announce this lease placement with Royal Air Maroc, a new customer for ALC. We look forward to a successful long term relationship with Royal Air Maroc as it continues to modernize its fleet,” said Alex Khatibi, Executive Vice President of Air Lease Corporation.
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 customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC’s website at www.airleasecorp.com.
About Royal Air Maroc
Royal Air Maroc, otherwise known as RAM, is the Moroccan national carrier as well as the country’s largest airline. RAM is fully owned by the government of Morocco, and has its headquarters on the grounds of Casablanca-Anfa Airport. From its base hub at Mohammed V International Airport, the carrier operates a domestic network in Morocco as well as scheduled international flights to 90 destinations in Europe, North America, South America, Africa, Maghreb, and the Middle East.
CONTACT: Investors: Mary Liz DePalma Director of Investor Relations Email: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]