Air Lease (AL) Tops Q1 EPS by 9c, Revenues Miss

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Go back to Air Lease (AL) Tops Q1 EPS by 9c, Revenues Miss

Air Lease Corporation Announces First Quarter 2021 Results

May 6, 2021 4:05 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months ended March 31, 2021.

We continued helping our customers through a difficult winter season in Q4 and Q1 and we are hopeful that the worst of the global pandemic is behind us. The worlds airlines need much more time for financial recovery, yet fleet renewal remains a top priority and we are heavily involved in this process. For Q1, we exceeded our aircraft investment expectations, and our operating cash flow increased modestly relative to last years... More