Air Lease Corporation reported a strong fourth quarter in 2019, with a 21.9% increase in revenues to $549 million and a 14.5% increase in diluted earnings per share to $1.42. The company took delivery of 11 aircraft and purchased one aircraft, representing $825 million in aircraft investments. ALC ended the year with total liquidity of $6.3 billion.
Revenues increased by 21.9% to $549 million for the quarter.
Diluted earnings per share increased by 14.5% to $1.42 for the quarter.
Adjusted diluted earnings per share before income taxes increased by 16.4% to $1.92 for the quarter.
The company took delivery of 11 aircraft from our order book and purchased one aircraft from the secondary market, representing $825 million in aircraft investments.
The company did not provide forward guidance in this earnings report.
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