Air Lease Corporation and Air Berlin Sign a Sale and Lease-Back Agreement for
Two Used B737-800 Aircraft


<p><span class="xn-location">LOS ANGELES</span>, <span class="xn-chron">Aug. 10</span> /CNW/ -- Air Lease Corporation and Air <span class="xn-location">Berlin</span> have signed sale and lease-back agreements for two used B737-800's.  The transaction was completed <span class="xn-chron">July 29, 2010</span>.</p>
<p>"We are delighted to announce these two additional aircraft on top of the used A320 and  two  new  aircraft already leased by ALC  to Air <span class="xn-location">Berlin</span>. Air <span class="xn-location">Berlin</span> has been a strong supporter of ALC since inception and we value our partnership," said Steven F. Udvar-Hazy, Chairman and CEO of Air Lease Corporation.</p>
<p>Ulf Huttmeyer, CFO of Air <span class="xn-location">Berlin</span> PLC, stated: "The new strategic partnership with Air Lease has already proven successful if we take into account that this is the second transaction Air <span class="xn-location">Berlin</span> closed with the Air Lease Corporation team in the month of July."</p>

    Air Lease Corporation

<p>Air Lease Corp (ALC) is a new global commercial aircraft lessor, based in <span class="xn-location">Los Angeles</span>, California, that has assembled more than USD <span class="xn-money">$3 Billion</span> of total capital. The company is poised to be an industry leader in jet leasing.</p>


For further information: For further information: John Plueger, President & C.O.O. of Air Lease Corporation, +1-310-553-0555, or fax, +1-310-553-0999,

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