Air Lease (AL) Tops Q2 EPS by 21c

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Air Lease Corporation Announces Second Quarter 2021 Results

August 5, 2021 4:05 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three and six months ended June 30, 2021.

On an overall global scale, the airline industry is improving. Passenger traffic is staging a robust recovery in the U.S.A., Mexico, China, Russia, and most of Europe, with international and long haul traffic at a much slower recovery rate. Outside of China, Asia overall lags in traffic recovery and vaccination rates. Although we still face some customer and OEM challenges in the near term, our operating cash flow... More