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ALC reports 301% net income rise
10 August 2012
The US lessor has announced a $28.2 million profit for the second quarter.
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ALC
Air Lease Corporation
US-based Air Lease Corporation (ALC) enjoyed a net income of $28.2 million for the second financial quarter of 2012; a 301% year-on-year increase.
Unsecured financing
The leasing company is funded on an unsecured basis, with total aggregate unsecured revolving bank facilities of $1 billion.
In May, ALC successfully closed an $850...
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