Air Lease EPS up 15% YoY

Air Lease Corporation (NYSE: AL) generated record adjusted diluted EPS of USD4.64 for the year ended December 31, 2015, an increase of 15.1 percent as compared to USD4.03 for the year ended December 31, 2014, the company said.

The company recorded adjusted diluted EPS of USD1.21 for the three months ended December 31, 2015, an increase of 11.0 percent as compared to USD1.09 for the three months ended December 31, 2014.

It generated record revenues of USD1.2 billion for the year ended December 31, 2015, an increase of 16.4 percent or USD172.3 million as compared to USD1.1 billion for the year ended December 31, 2014.

Revenues were USD326.7 million for the three months ended December 31, 2015, an increase of 14.3 percent or USD40.8 million as compared to USD285.9 million for the three months ended December 31, 2014.

Air Lease is an aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.