Air Lease revenue rises on strong demand for jets

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Illustration shows Air Lease logo

(Reuters) – Aircraft lessor Air Lease Corp reported a rise in third-quarter revenue on Thursday, thanks to strong demand from airlines looking to expand their fleet to tap a boom in travel.

The company reported revenue of $561.3 million in the three months ended Sept 30, compared with $524.5 million a year earlier.

(Reporting by Aishwarya Nair in Bengaluru; Editing by Shinjini Ganguli)

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