Air Lease Corporation Announces 8M Share Secondary Offering

Air Lease Corporation AL (the “Company”) today announced the commencement of an underwritten public offering, subject to market conditions, of 8,000,000 shares of its Class A Common Stock by affiliates of Ares Management LLC, Leonard Green & Partners, L.P. and WL Ross & Co. LLC. The underwriters are expected to be granted a 30-day option from the date of the offering to purchase up to an additional 1,200,000 shares of Class A Common Stock from the selling stockholders. The Company is not selling any shares of Class A Common Stock in the offering and will not receive any proceeds from the sale. The total number of shares of the Company's Class A Common Stock outstanding will not change as a result of this offering. See full press release