Air Lease Corporation reported another consecutive quarter of fleet, revenue, profitability and financing growth. Diluted EPS increased by 46% to $0.38 per share for the three months ended March 31, 2013 from $0.26 per share for the three months in 2012. Revenues increased 45% to $192m compared to $133m in 2012. Income before taxes increased 48% to $62m with a pretax margin of 32%, compared to income before taxes of $42m with a pretax margin of 31% in 2012. Air Lease Corporation acquired seven aircraft (including five aircraft from its order book and two incremental aircraft), growing its fleet to 162 aircraft spread across a diverse and balanced customer base of 71 airlines in 41 countries.
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Tamar Jorssen
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada