Air Lease EPS up 34% YoY

Air Lease Corporation (NYSE: AL) generated record quarterly adjusted diluted EPS of USD1.38 for the three months ended March 31, 2016, an increase of 34.0 percent as compared to USD1.03 for the three months ended March 31, 2015, the company said.

The company enerated record quarterly revenues of USD343.3 million for the three months ended March 31, 2016, an increase of 23.4 percent or USD65.0 million as compared to USD278.3 million for the three months ended March 31, 2015.

Air Lease Corporation provides aircraft leasing based in Los Angeles, California. 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.