Air Lease Corp. 2Q profits jump 53%

California-based Air Lease Corp. (ALC) has reported a second-quarter net profit of $43 million, a 53% year-over-year jump in earnings. ALC’s second-quarter revenue was up 31.4% to $207.9 million compared to $158.2 million for the 2012 second quarter. Income before tax increased 51.1% to $66.3...

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