Air Lease Corp reports accelerating results and strong demand for future aircraft deliveries

Air Lease Corp (ALC) chairman and CEO Steven F Udvar-Házy reported (07-Nov-2013) the company's strong results accelerated during 3Q2013, with a 27.8% increase in earnings per share. The company achieved its stated goal of an investment grade rating from Standard and Poor's during the quarter and we will continue to push for additional ratings and upgrades in the coming years. Mr Udvar-Házy stated the demand for our future aircraft deliveries "remains strong and is driven by the continued global passenger growth and the increasing needs of airlines to modernise aging aircraft fleets". [more - original PR]