Airlines
Air Lease Corp Releases Q2 Results
Profits and margins are up for airline leasing company

Air Lease Corporation (ALC) announced its financial results for the first half on August 9. ALC took delivery of 14 aircraft from its order book in the second quarter, as well as four “young” aircraft from the secondary market representing $1.4 billion in capital expenditures, overall. The lessor ended the second quarter with $14.9 billion in aircraft with a weighted average age of 3.8 years and average lease term of 6.8 years remaining.