Air Lease Corporation Announces Lease Placement of Two New ATR 72-600’s to LIAT

Air Lease Corporation (NYSE: AL) announced today that LIAT (Leeward Islands Air Transport) and ALC signed long term lease agreements for two (2) new ATR 72-600 aircraft, delivering in June and August 2013.

{IMAGE VIA - norteverdadeiro.com} Antigua-based LIAT is owned by 11 different governments in the Eastern Caribbean, and is the major scheduled airline operator in that region.

{IMAGE VIAnorteverdadeiro.com} Antigua-based LIAT is owned by 11 different governments in the Eastern Caribbean, and is the major scheduled airline operator in that region.

“We are very pleased to add LIAT to our growing list of airline customers, and solidify ALC’s market position,” said Kishore Korde, Senior Vice President of Air Lease Corporation.

The new generation ATR-72-600 is an essential component of our progressive fleet modernization, as we upgrade to these economical and efficient new aircraft in 2013. We value our association with ALC and the support we have received from them on this important project,” said Capt. Ian Brunton, Chief Executive Officer of LIAT.

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