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Air Lease: Q2 Earnings Snapshot

Air Lease: Q2 Earnings Snapshot

LOS ANGELES (AP) — LOS ANGELES (AP) — Air Lease Corp. (AL) on Monday reported second-quarter earnings of $385.2 million.
The Los Angeles-based company said it had profit of $3.33 per share. Earnings, adjusted for one-time gains and costs, came to $1.40 per share.
The company that leases planes to airlines posted revenue of $731.7 million in the period.
Air Lease shares have climbed 14% since the beginning of the year. In the final minutes of trading on Monday, shares hit $55.15, an increase of 34% in the last 12 months.
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