Air Lease (AL) Tops Q3 EPS by 55c

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Go back to Air Lease (AL) Tops Q3 EPS by 55c

Air Lease Corporation Announces Third Quarter 2021 Results

November 4, 2021 4:05 PM EDT

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

Benefiting from an improving airline industry, we had a good quarter, including record high rental revenues, total assets, and lease placements, the lowest composite funding rate in our history, and improved payments from our customers. We clearly see growing demand for new aircraft, especially for single aisle aircraft, and we are back to 2019 levels in terms of proposals being requested by airlines. With our conservative and disciplined business model, we have... More