Air Lease Corporation Announces the Placement of Three Airbus A320s with NAS Air

Today Air Lease Corporation (NYSE: AL) announced lease agreements with NAS Air(Saudi Arabia) for three Airbus A320-200 aircraft (MSNs 2776, 3218 and 3256).The three aircraft are contracted on six year leases and will deliver in May,August, and October 2013."ALC is pleased to add NAS Air as a new lease customer in the Middle Eastregion. This fast growing airline has demonstrated excellent customer serviceand is expanding their route network, as well as increasing flight frequencieson their most popular markets," said Alex Khatibi, Executive Vice President ofAir Lease Corporation.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning ofthe Private Securities Litigation Reform Act of 1995, including expecteddelivery dates. Such statements are based on current expectations andprojections about our future results, prospects and opportunities and are notguarantees of future performance. Such statements will not be updated unlessrequired by law. Actual results and performance may differ materially fromthose expressed or forecasted in forward-looking statements due to a number offactors, including those discussed in our filings with the Securities andExchange Commission.About Air Lease Corporation (NYSE: AL)ALC is an aircraft leasing company based in Los Angeles, California that hasairline customers throughout the world. ALC and its team of dedicated andexperienced professionals are principally engaged in purchasing commercialaircraft and leasing them to its airline partners worldwide through customizedaircraft leasing and financing solutions. For more information, visit ALC'swebsite at www.airleasecorp.com.