ALC places one new 777 with KLM

Air Lease Corporation has announced a long-term lease agreement with KLM for a new Boeing 777-300ER aircraft, which is scheduled for delivery in March 2015. Additionally, ALC and KLM reached agreement on lease extensions for three 737-800s and one 777-200ER, currently operating in the KLM fleet. “ALC’s management team has a history that spans many decades working closely with KLM to support their fleet needs. We are very pleased to provide an incremental 777-300ER for their long-haul operations and extend leases on four aircraft currently in their fleet,” said Grant Levy, Air Lease Corporation’s Executive Vice President.