Air Lease Corporation provides Q2 update

At the end of the second quarter of 2017, Air Lease Corporation’s (ALC) fleet was comprised of 240 owned aircraft and 48 managed aircraft. During the quarter, the lessor delivered eight new aircraft including three 737-800s, one 787-9, one A320neo, one A321ceo and two A321neos, along with six used 737-800s purchased in the secondary market with the majority of these deliveries occurring throughout the second half of the quarter. ALC sold 17 aircraft including 16 aircraft sold to Thunderbolt Aircraft Lease Limited and 1 aircraft sold to Blackbird Capital I, LLC during the period. It announced a Memorandum of Understanding