Air Lease announced long-term lease agreements with KLM for two additional new Boeing 777-300ER aircraft, scheduled for delivery in the second half of 2016 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016, all from ALC’s order book.

“KLM is one of our key and strategic European airline customers. This placement of four new Boeing 777-300ERs continues our long and excellent relationship with KLM as they operate a leading global airline fleet,” said Steven F. Udvar-Hazy, chairman and CEO of Air Lease.

“ALC is proud to announce this successful transaction with KLM, which is now committed to lease a total of four new Boeing 777-300ERs on long-term basis from ALC’s own order pipeline,” said Grant Levy, executive vice president of Air Lease Corp. “The Boeing 777-300ER aircraft continues to be a fundamental part of KLM’s long haul fleet operations.”

ALC also already leases Airbus A330-200, A330-300, Boeing 777-200ER and 737-800 aircraft to KLM.