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AL Air Lease News Story

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Air Lease Corp profits rise in third quarter ahead of acquisition by investor-led group

Nov 3 (Reuters) - Aircraft lessor Air Lease AL.N reported higher third-quarter profit on Monday, helped by resilient aircraft rental revenue.

Air Lease posted net profit of $135.4 million, or $1.21 per diluted share, in the July-September quarter, beating the year-ago period's $0.82 per share.

 (Reporting by Dan Catchpole in Seattle; Editing by Chris Reese)

 ((dan.catchpole@thomsonreuters.com; 651-231-1623))

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