Air Lease Corporation (ALC) has posted second quarter pre-tax income of $10.9 million and net income of $7.0 million and recorded cash flow from operations of $48.5 million. “Building on the success of our IPO in April, ALC continued generating growth by significantly increasing our portfolio of aircraft in the second quarter,” said Steven F. Udvar-Hazy, chairman and CEO of ALC. “Despite current volatility in the marketplace, the aviation industry has entered a period of expansion and ALC is capitalizing on opportunities as market conditions evolve.” “With respect to the recent economic turmoil, credit markets have remained liquid and have

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