ALC Announces Lease Placement of 2 New Boeing 787-9 Aircraft to Oman Air

Air Lease Corporation (NYSE: AL) announced today the placement of two new Boeing 787-9s on long-term lease to Oman Air. The aircraft are scheduled to deliver in 2018 and 2020, both from ALC’s order book with Boeing. This new agreement follows Oman Air’s August 2015 announcement of lease agreements covering 14 additional jet aircraft on lease from ALC, including three new Boeing 737-800s, seven new Boeing 737-8MAXs, one new Boeing 787-9, one used Boeing 737-700 and two used Boeing 737-800 aircraft.

“The strong history and relationship between Oman Air and ALC has further facilitated this transaction,” said Alex Khatibi, Executive Vice President of Air Lease Corporation. “We are proud that ALC has once again been chosen by Oman Air as one of its main new aircraft providers for future fleet development and expansion.”

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Source: Air Lease Corporation
Date: May 17, 2016