Air Lease Corporation Announces the Lease Placement of Two New Boeing 737 MAX 8 Aircraft with Travel Service

LOS ANGELES—(BUSINESS WIRE)—Today Air Lease Corporation (NYSE: AL) announced long term lease agreements with Travel Service (Czech Republic) for two new Boeing 737 MAX 8 aircraft. Both aircraft are from ALC’s order book with Boeing and scheduled for delivery in spring 2018 and 2019.

“We have an excellent relationship with Travel Service, the Czech Republic’s largest airline, and are pleased with the opportunity to expand and modernize their jet fleet with these MAX aircraft. New technologies in the MAX 8 aircraft bring efficiency and passenger comfort that will further Travel Service’s competitive edge in the European markets they serve,” said Alex Khatibi, Executive Vice President of Air Lease Corporation.