Air Lease (AL) Tops Q4 EPS by 91c

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Air Lease Corporation Announces Fourth Quarter & Fiscal Year 2021 Results

February 17, 2022 4:05 PM EST

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

We had a strong fourth quarter and second half of 2021 that benefited from continuing airline industry recovery, as seen in our cash collections, operating metrics, fleet expansion, and record lease placements. We resumed our aircraft sales program and concluded the largest aircraft order in ALCs history to support the growing demand we are seeing in the marketplace, said John L. Plueger, Chief Executive Officer and President.

We are witnessing... More