Air Lease places 2 Boeing 737-800 aircraft with Siam Air Transport

Air Lease Corporation (NYSE: AL) said it has announced lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. These aircraft will deliver in the fourth quarter of 2015.

“We are very pleased to announce this lease placement with Siam Air Transport, a new customer for ALC in Asia. These aircraft are a key addition to Siam Air Transport´s fleet as they continue to expand their route network in the region,” said Jie Chen, ALC´s Executive Vice President and Managing director, Asia.

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.

Founded in 2013, Siam Air Transport is based at Bangkok´s Don Mueang Airport. They currently operate two Boeing 737-300s to three destinations in Hong Kong and China.