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

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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