Air Lease (AL) Tops Q1 EPS by 71c
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Air Lease Corporation Announces First Quarter 2022 Results
May 5, 2022 4:05 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months ended March 31, 2022.
Industry fundamentals continue to strengthen globally demand is expanding both for new and young used aircraft, supporting continued firming of lease rates and bolstering the value of the existing aircraft in our fleet. We benefited from this improving backdrop during the first quarter. While we wrote-off our Russia exposure, we are vigorously pursuing our insurance coverage and believe we have strong and valid claims, said John L. Plueger, Chief Executive Officer and... More
