LOS ANGELES (AP) _ Air Lease Corp. (AL) on Thursday reported second-quarter profit of $116.3 million.

On a per-share basis, the Los Angeles-based company said it had profit of 95 cents.

The company that leases planes to airlines posted revenue of $557.7 million in the period.

Air Lease shares have decreased 14% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $37.91, a decrease of 10% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AL at https://www.zacks.com/ap/AL

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