Air Lease Corp. (ALC) has reported a 48% increase in pretax income for the 2013 first quarter and said Asia-Pacific carriers now represent almost 40% of its fleet. ALC’s revenue was up 45% to $192 million compared to $133 million for the 2012 first quarter. Income before tax increased 48% to $62 million, with a pretax margin of 32%, compared to $42 million for the same period a year ago. The lessor acquired seven aircraft, including five from its order book and two incremental ...

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