Air Lease Corp Places Three Boeing 787s with Thai Airways

Air Lease Corporation has finalized extended lease deals for three upcoming Boeing 787-9 aircraft with Thai Airways International. These Dreamliners are scheduled for delivery to the Thai carrier in 2025 from ALC’s Boeing order book.

We are excited to share the news of our recent transaction involving three cutting-edge Boeing 787-9 aircraft with our newest partner, Thai Airways International,” stated Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “ALC takes pride in the privilege of enhancing Thai Airways’ expanding widebody fleet with these state-of-the-art Dreamliner aircraft, and we eagerly anticipate fostering a lasting relationship with the airline.”

Chi Yan, Senior Vice President of Air Lease Corporation, elaborated on the strategic use of these Boeing 787-9s, stating, “These new, advanced aircraft are destined for key routes to Europe, Australia, and Intra-Asia, strategically reinforcing Thai Airways’ global network.”

Chai Eamsiri, CEO of Thai Airways International, expressed enthusiasm about the collaboration, saying, “We are delighted to embark on this new venture with ALC, marking the introduction of three Boeing 787-9s into the Thai Airways’ fleet. The inclusion of these modern aircraft underscores our commitment to fleet modernization, aiming to provide unparalleled comfort and efficiency to our passengers. Thai Airways International is thrilled to further solidify our relationship with such an industry-leading partner.” This partnership signifies a significant step for both companies as they strive for excellence in the aviation industry.

About Air Lease Corporation (NYSE: AL)

Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing new commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. The company routinely posts information that may be important to investors in the “Investors” section of its website at www.airleasecorp.com. Investors and potential investors are encouraged to consult Air Lease Corporation’s website regularly for important information. The information contained on, or that may be accessed through, ALC’s website is not incorporated by reference into and is not a part of, this press release.

About Thai Airways International

THAI, founded in 1960 and one of the founding members of Star Alliance, operates a full-service carrier that provides transportation for passengers, goods, parcels, and postal through our domestic and international routes, including a warehousing service, ground handling service, ground equipment services, in-flight catering, and aircraft maintenance services. THAI and its alliance have a network of routes covering 30 countries around the world. For over 60 years in the airline business, THAI has aimed to focus on safety and quality of service with THAI touches for passenger comfort throughout the journey which has made THAI one of the best airlines in the world guaranteed by various awards of recognition.

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