Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown 
DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips 
U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Sun Pharma to Acquire Organon in $11.75 Billion Deal to Boost Global Women’s Health Portfolio 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Google Secures Pentagon AI Deal for Classified Projects 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
LOS ANGELES, April 18, 2017 -- Today Air Lease Corporation (NYSE:AL) announced the long term lease placement of two new Boeing 737 MAX 8 aircraft with MIAT Mongolian Airlines. The aircraft are scheduled to deliver from ALC’s order book with Boeing in late 2019 and early 2020.
“We are very pleased to announce these new 737 MAX 8 lease placements with MIAT. These aircraft are key additions to MIAT’s fleet as they continue to expand their route network in the region,” said Jie Chen, Air Lease Corporation’s Executive Vice President and Managing Director, Asia.
“These two new 737 MAX 8 aircraft will help serve our mission to connect Mongolia with the rest of the world while increasing the quality, reliability and efficiency of our fleet operations,” said Tamir Tumurbaatar, President and Chief Executive Officer of MIAT Mongolian 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 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 MIAT Mongolian Airlines
MIAT Mongolian Airlines is the Mongolian national airline, headquartered in the MIAT Building in Ulaanbaatar, the capital of Mongolia. The airline operates international scheduled services from its base at Chinggis Khaan International Airport near Ulaanbaatar.
Investors: Mary Liz DePalma Director of Investor Relations Email: [email protected] Media: Laura St. John Manager, Media and Investor Relations Email: [email protected]
