Air Lease reports Q2 adjusted EPS $1.23, consensus 90c

Reports Q2 revenue $667.3M, consensus $684.97M. “We continue to feel the effects of ongoing delays from the aircraft and engine manufacturers. We remain confident and optimistic about the value of our fleet, as seen through our aircraft sales initiatives. There is significant value in our orderbook based on our view of long-term aircraft demand and fundamental passenger traffic trends,” said John L. Plueger, Chief Executive Officer and President, and Steven F. Udvar-Hazy, Executive Chairman of the Board.