ALC report Q1 results

Air Lease Corporation (ALC) has a 13% increase in revenues to $278 million for the three months ended March 31, 2015 compared to $246 million for the three months ended March 31, 2014. Adjusted diluted EPS increased to $0.61 for the three months ended March 31, 2015 as compared to $0.57 in the year-ago period. ALC’s adjusted income before taxes increased to $102 million for the three months ended March 31, 2015 compared to $95 million in Q1 2014. On April 22, 2015, ALC settled the litigation with American International Group and International Lease Finance Corporation (ILFC) resulting in a