Air Lease Corp.’s 1Q net profit up 30% on robust growth

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...

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