Air Lease Corporation Announces Delivery of First of 25 New Boeing 737-8 Aircraft to Malaysia Airlines Berhad

Nov. 22, 2023

Air Lease Corporation announced the first of 25 new Boeing 737-8 aircraft delivered to Malaysia Airlines Berhad from ALC’s order book with Boeing. Featuring CFM LEAP 1B-27 engines, this new Boeing aircraft is the first 737-8 addition to Malaysia Airlines’ fleet.

“We are thrilled to announce ALC’s first of 25 new Boeing 737-8 aircraft delivered to Malaysia Airlines,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “Our significant deal for 25 new Boeing 737-8 aircraft with MAB is a milestone transaction that demonstrates ALC’s commitment to the national carrier’s long-term fleet modernization and sustainability program. We are honored to be the first to introduce the 737-8 to the airline.”

This Boeing 737 aircraft joins six Airbus A350-900 aircraft currently on long-term lease to the airline from ALC.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.