Air Lease Corp. earned a 2018 first-quarter net income of $110.6 million, up 30.3% compared to $84.9 million in the 2017 1Q. Revenues were up 5.8% year-over-year (YOY) to $381.2 million. The California-based lessor credited the continuing robust growth of the global airline industry, despite continuing technical problems on several of the industry’s main engine types, for the positive results. “We had another strong quarter of growth in revenues and earnings per share,” ...

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