Americas

Air Lease Corporation net income slips amid higher interest expenses

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Air Lease Corporation net income slips amid higher interest expenses

Air Lease Corporation’s (ALC) net income slipped 25% in this year’s third quarter down to $91.6 million, when compared to the third quarter last year. Diluted earnings per share were down 25.5% to 82 cents.“The decrease from the prior year period is primarily due to higher interest expense, dr...

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