The continuing robust growth of the global airline industry provided Air Lease Corp. (ALC) with a 30% increase in its net income in the 2018 first quarter, despite the continuing problems caused by technical issues on several of the industry’s main engine types. The Los Angeles-based lessor reported net income of $110.6 million in the March quarter, up 30.3% over the a year-ago period, when it posted a $84.9 million net profit. Revenue was up 5.8% year-over-year (YOY) to $381.2 ...


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