Air Lease Corporation posts second quarter 2016 results

During the three months to end of June 2016, Air Lease Corporation (ALC) generated record quarterly revenues of $350.1 million for the three months ended June 30, 2016, an increase of 14.9% compared to $304.7 million for the three months ended June 30, 2015. ALC’s net income was $91.8 million with a pre-tax margin of 40.6% for the quarter compared to $76.1 million with a pre-tax margin of 38.8% for the three months ended June 30, 2015. Net income before income taxes was $152.2 million with an adjusted margin of 43.7% compared to $130.4 million with an adjusted margin of