Air Lease reports Q4 adjusted EPS $1.42, consensus $1.01

Reports Q4 revenue $601.6M, consensus $587.28M. "Aircraft demand is bolstering lease rates, accelerating our orderbook placements, and intensifying lease extension requests. Airline industry recovery with constrained balance sheets, drive for environmental sustainability, and lack of available delivery slots from the OEMs continues to favor ALC’s business model of providing new aircraft from our orderbook," said John L. Plueger, CEO and President.