Air Lease Corporation Announces Lease Placement of Two Additional New Boeing 777-300ERs with EVA Air

LOS ANGELES, October 7, 2014 – Today Air Lease Corporation (NYSE: AL) announced two additional twelve-year lease agreements with EVA Air (Taiwan) for new Boeing 777-300ER widebody aircraft. The aircraft are scheduled for delivery in 2016 and 2017 from ALC’s order book with Boeing. With this latest contract, EVA has now leased four new Boeing 777-300ERs from ALC.

“ALC continues to help expand EVA Air’s long haul fleet with the lease of these two Boeing 777-300ERs,” said Chi Yan, Vice President of Air Lease Corporation. “EVA Air is a significant customer for ALC in the Asia Pacific region, and these additional lease placements underline our commitment to EVA’s growth plans.”