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AIRLEASE LTD. ANNOUNCES THIRD-QUARTER 1992 CASH DISTRIBUTION

 AIRLEASE LTD. ANNOUNCES THIRD-QUARTER 1992 CASH DISTRIBUTION
 SAN FRANCISCO, Sept. 9 /PRNewswire/ -- Airlease Ltd., a California Limited Partnership, (NYSE: FLY), said today its directors approved a third-quarter cash distribution of 42 cents per unit. The distribution will be payable Nov. 13, 1992, to unitholders of record on Sept. 30, 1992. The prior cash distribution for the second quarter 1992 was also 42 cents per unit. The 42-cent cash distribution is based on third- quarter cash receipts.
 Both Continental and TWA are experiencing continued pressures to reduce costs which could adversely impact future partnership cash receipts. During the first 9 months of 1992, Continental and TWA are expected to provide 11 percent and 8 percent of partnership cash receipts, respectively.
 -0- 9/9/92
 /CONTACT: Nancy Riess of Airlease Ltd., 415-627-9300/
 (FLY) CO: Airlease Ltd. ST: California IN: AIR SU: DIV


RM -- SF005 -- 7756 09/09/92 18:57 EDT
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Publication:PR Newswire
Date:Sep 9, 1992
Words:149
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