Air Lease swings to profit in 1Q2011 and bullish on the market
Air Lease Corporation reported a net income of USD3.2 million, or 5 cents per share, in its first quarterly report as a publicly listed company. Led by Steven Udvar-Házy, Los Angeles-based Air Lease Corp was founded in early 2010 and listed on the New York Stock Exchange on 19-Apr-2011, joining Aircastle, FLY Leasing, AerCap and Aerocentury on the list of aircraft lessors listed on the NYSE.
