Air Lease Posts Quarterly Profit Rise Ahead Of Sale

ALC
Credit: ImageBroker/Alamy Stock Photo
Air Lease Corp. posted an increase in profit for the third quarter, ahead of its planned sale to investors including SMBC Aviation Capital, and said it would not be providing any updated guidance, as is customary when an acquisition is underway. Disclosing its latest results, Air Lease said its...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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