Air Lease (AL) Tops Q3 EPS by 41c, Revenues Miss

Go back to Air Lease (AL) Tops Q3 EPS by 41c, Revenues Miss

Air Lease Corporation Announces Third Quarter 2020 Results

November 9, 2020 4:05 PM EST

LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and nine months ended September 30, 2020.

In spite of the difficulties facing the airline industry, ALC produced a solid quarter in terms of operating results, aircraft placements and lease collections. We have a diversified customer base, a young fleet and a strong balance sheet that makes us well-equipped to withstand current and forecasted headwinds. We are working closely with our airline customers around the world and our major suppliers to get through this period of industry... More