Air Lease Corporation reports second quarter 2018 results

Air Lease Corporation (ALC) has reported revenues of $398 million for the three months ended June 30, 2018, an increase of 4.4%; and $779 million revenue for the six months ended June 30, 2018, an increase of 5.1%. The lessor reported diluted earnings per share of $1.04 for the three months ended June 30, 2018, an increase of 13.0%; and $2.04 for the six months ended June 30, 2018, an increase of 20.7%. On an adjusted basis, diluted earnings per share before income taxes were $1.44 for the three months ended June 30, 2018, a decrease of 4.6%; and $2.82