Thursday, 6 June 2013

Air Lease Corporation Announces the Placement of Two New ATR 72-600s with Golden Myanmar Airlines

LOS ANGELES, Jun 04, 2013 (BUSINESS WIRE) -- Today Air Lease Corporation AL -2.55% announced a long term lease agreement with Golden Myanmar Airlines (GMA) for two new ATR 72-600 aircraft, which are scheduled for delivery in January and March of 2014. 


"We are pleased to add Golden Myanmar Airlines to our growing list of Asian airline clients and welcome GMA as our first lessee in Myanmar (Burma), where tourism is increasing at a rapid rate," said Steven F. Udvar-Hazy, Chairman and Chief Executive Officer of Air Lease Corporation. 

Forward-Looking Statements 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission. 

source: MarketWatch

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