China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
LOS ANGELES, June 21, 2017 -- Air Lease Corporation (NYSE:AL) announced today the delivery of its first new Airbus A321-200neo on long-term leases to WOW air (Iceland). Meanwhile, the aircraft made its Paris flying-display debut to the media and airline industry at this year’s International Paris Air Show. The largest member of Airbus’s re-engined A320neo family, the A321neo made its first flight in February 2016.
|
|||||
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bdcf2eaa-c0b6-4fc4-bd6b-0bd71a09c76a
The lessor has delivered four A321-200 CEOs and one A320-200neo to the airline since May 2016, with one additional A321-200neo aircraft scheduled to deliver in Q1 2018.
“ALC is very pleased to announce our first A321neo delivery with WOW air, which will be the first of more than 140 new A321neo aircraft in ALC’s order book with Airbus,” said Grant Levy, Air Lease Corporation’s Executive Vice President.
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 WOW air
WOW air is the only ultra-low-cost transatlantic airline offering the cheap fares, a modern fleet with the lowest emissions and the biggest smile; this is the WOW air promise to its valuable customers.
As of June 2017, the airline serves 33 destinations across Europe and North America from its base at Keflavík International Airport. Destinations include London, Frankfurt, Paris, Washington DC, San Francisco, Los Angeles, Montreal, Toronto and Boston.
Created in November 2011 by Icelandic entrepreneur Skúli Mogensen, the purple airline flies Airbus A320 aircraft across Europe and Airbus A321/A330 aircraft that service the transatlantic routes.
For more information: www.wowair.co.uk.
Investors: Mary Liz DePalma Director of Investor Relations Email: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]
