The new 737 MAX 8 aircraft will be used by LOT to increase frequencies and add new destinations on LOT's extensive European and Eurasian route network."We are thrilled to enter into these lease agreements with Air Lease Corporation. The addition of these new aircraft to our fleet represents a significant step toward achieving sustainable viability as we gradually grow, simplify and standardize our target fleet and launch new flights. Specifically, Boeing's 737-8 MAX 8 offers advancements in both technology and passenger experience critical for enhanced reliability and customer service," says Rafal Milczarski, CEO of LOT Polish Airlines. LOT has one of the youngest fleets in Europe and was the first European airline to introduce into service the Boeing 787 Dreamliner. LOT estimates that in 2020 it will operate a total of approximately 70 aircraft, including 16 Dreamliners and approximately 15 new single-aisle planes with 150-plus seating capacity. 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. About Air Lease Corporation (NYSE:AL) ALC is a leading 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 commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC's website at www.airleasecorp.com. About LOT Polish Airlines
LOT Polish Airlines is a modern airline that connects Central and Eastern Europe with the world. It provides nearly 5 million passengers a year with the shortest and most comfortable travel options to almost 60 destinations worldwide via Warsaw, a competitive hub that offers fast connections. As the only carrier in the region, LOT offers direct long-haul flights to New York, Chicago, Newark, Los Angeles, Toronto, Beijing, Tokyo and Seoul. It flies one of the youngest fleets in Europe and, as the only airline, operates the Boeing 787 Dreamliner, the world's most advanced aircraft, on all long-haul connections. LOT relies primarily on the passion and positive energy of its team members, including top ranking pilots in the global aviation business, often champions in many aviation sports. With 87 years of experience, LOT is also one of the oldest airlines in the world and the most internationally recognized Polish brand.
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