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AIRLEASE ANNOUNCES SECOND QUARTER CASH DISTRIBUTION

 SAN FRANCISCO, June 8 /PRNewswire/ -- Airlease Ltd., A California Limited Partnership (NYSE: FLY), said today its directors approved a second quarter 1993 cash distribution of 40 cents per unit. The 1993 first quarter cash distribution was also 40 cents per unit.
 The partnership now has interests in 17 aircraft on lease to five lessees, and one aircraft representing 2.1 percent of assets at March 31, 1993, remains in inventory.
 The second quarter cash distribution will be payable Aug. 13, 1993, to unitholders of record on June 30, 1993.
 -0- 6/8/93
 /CONTACT: Nancy Riess of Airlease, 415-627-9300/
 (FLY)


CO: Airlease Ltd. ST: California IN: AIR AUT SU: DIV

GT-TB -- SF010 -- 6756 06/08/93 17:43 EDT
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 8, 1993
Words:119
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