Air Lease Corporation reports second quarter 2014 results

Air Lease Corporation reported another consecutive quarter of fleet, revenue and profitability growth: revenues increased 23% to $256m for the three months ended June 30th, 2014 compared to $208m for the three months ended June 30th, 2013. Income before taxes increased 44% to $96m with a pretax margin of 37% for the three months ended June 30th, 2014 compared to income before taxes of $66m with a pretax margin of 32% for the three months ended June 30th, 2013. Air Lease Corporation recorded $13.6m in gains on aircraft sales, trading and other activity for the three months ended June 30, 2014.