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Air Lease Corporation Announces Widebody Lease Agreement with Cathay Pacific Airways
LOS ANGELES, California, June 13, 2012 — Air Lease Corporation (NYSE: AL) announced today its acquisition of one 2009 Boeing 777-300ER on lease through 2022 to Cathay Pacific Airways, a new customer for ALC.
“We are delighted to announce our first lease transaction with Cathay Pacific Airways, one of the world’s preeminent airlines. This is an incremental transaction for ALC in 2012 that is perfectly in line with our growth plan.” said John L. Plueger, President & Chief Operating Officer of ALC.
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