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,
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