New York, December 14, 2012 -- Moody's announced today that Amendment No. 1 to Exhibit C to the Amended and Restate Trust Indenture (Amendment No. 1) executed on December 13, 2012, which removed Ecuador, as it relates to one specific aircraft for a limited period of time, as a "Prohibited Country" and allows AerCap Ireland Limited as servicer (AerCap or the Servicer) to place the aircraft in the jurisdiction, in and of itself and at this time, will not result in a reduction, withdrawal, or placement under review for possible downgrade of the ratings currently assigned to the Series 2007-1 Notes (the Notes) issued by Aircraft Lease Securitization Limited (the Issuer).

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