Air Lease Corporation’s Outlook Revised to Positive by Standard and Poor’s

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By admin October 28, 2015 21:23

Air Lease Corporation’s Outlook Revised to Positive by Standard and Poor’s

Air Lease Corporation has announced that Standard & Poor’s Ratings Services revised its outlook on ALC to positive from stable, and affirmed all ratings, including the ‘BBB-’ corporate credit rating.

Standard & Poor’s highlighted in its press release that the positive outlook reflects Air Lease Corporation’s improved credit metrics and the expectation that this trend will continue.

Greg Willis, Senior Vice President and Chief Financial Officer of Air Lease Corporation commented: “We are pleased that Standard & Poor’s has recognized Air Lease’s strengthening credit profile with a positive outlook on our corporate credit rating. We benefit from diversified funding sources, our low-leverage unencumbered balance sheet, the strength of our core business, and the continued growth of the global airline industry.”

admin
By admin October 28, 2015 21:23