LCI STRENGTHENS MANAGEMENT TEAM

01 June 2007

Lease Corporation International (LCI), the global aircraft leasing company, has strengthened its management team with the appointment of Jaspal Jandu as Vice President, Strategic Marketing and Peter Davis as Vice President, Technical Operations.

Jandu joins LCI from AWAS, where he was initially the company’s Strategic Economist, and subsequently played an integral role in its Investor Services department, providing management of advisory services to third party clients. Prior to that, he held positions with Morgan Stanley’s Aircraft Group and the Society of British Aerospace Companies.

Peter Davis brings over 40 years of aviation experience to LCI, having worked in a wide variety of engineering roles at Trans Australia Airlines, Ansett Airlines and latterly AWAS, where he was Engineering Director until 2002 when he was promoted to Vice President, Strategic Development/Engineering.

Jandu and Davis will report to Crispin Maunder, Chairman and Chief Executive Officer of LCI, and Tasos Michael, the company’s Deputy Chief Executive Officer.

Maunder says: “We are delighted to welcome Jaspal and Peter to LCI. Executives of their calibre are an essential ingredient to our business, and their extensive experience will be an important asset to LCI as we seek to grow in the years ahead”.

Lease Corporation International (LCI) was established in 2004, and now has a fleet of 20 wide and narrow-bodied aircraft valued at over $1bn. LCI’s highly experienced and well-connected management team works closely with aircraft and engine manufacturers, and with major financial institutions, to provide customer-driven solutions for airlines worldwide. The company has built an enviable reputation for providing timely and innovative aircraft leasing services.

The Dublin-based company has quickly built a global customer base that incorporates national flag carriers and major airlines such as British Airways, Air France, Iberia, Virgin Atlantic and Shanghai Airlines.

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