ALC reports quarterly results

Air Lease Corporation (ALC) has reported financial results for the three and six months ended June 30, 2015. Revenues increased 19% to $305 million for the three months ended June 30, 2015 as compared to $256 million for the three months ended June 30, 2014. Income before taxes increased 23% to $118 million for the three months ended June 30, 2015 as compared to $96 million for the three months ended June 30, 2014. ALC recorded its highest quarterly pretax profit margin to date which was 39% for the three months ended June 30, 2015 compared to a pretax profit