Air Lease Corporation (ALC) has announced the delivery of a new Airbus A321-200neo to Condor. This delivery is the first of 19 Airbus aircraft scheduled to arrive from ALC’s orderbook with Airbus by 2027, comprising 17 A321-200neos and two A320-200neos. Additionally, ALC currently has three A321s and two A320s on long-term lease to the airline.

“ALC is pleased to announce this significant first of 19 new Airbus aircraft delivery to Condor today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The A321-200neo will modernize Condor’s jet fleet with a new standard of fuel-efficiency, performance and passenger comfort, and continue ALC’s leadership position as Condor’s largest aircraft Lessor.”

“We are thrilled to continue to build our strong relationship with Condor with our first A321neo delivery to the airline,” added Lauren Kervick, Vice President of Air Lease Corporation. “Our A321-200neos will fill an important role in Condor’s growing fleet and expanding route network.”

“Condor is looking forward to welcome another A321neo to the fleet,” said Björn Walther, Chief Financial Officer of Condor. “We are delighted to have ALC onboard as our long-term partner for further 18 narrowbody aircraft. Thanks to this strong partnership, we will soon be offering guests on short and medium-haul routes the most modern and efficient fleet in Europe.”

Forward-Looking Statements

This press release includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, including anticipated delivery dates. These statements reflect current expectations and projections regarding our future performance, opportunities, and results, and are not assurances of future outcomes. We are not obligated to update these statements unless legally required to do so. Actual results and performance may differ significantly from those projected due to various factors, including those outlined in our filings with the Securities and Exchange Commission.

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