Air Lease Corporation AL stock has moved up 34.3% in the past year compared with the 66.7% growth of the industry it belongs to.Image Source: Zacks Investment ResearchFor 2022, earnings and revenues are expected to grow at a rate of 56.2% and 27.7% on a year-over-year basis, respectively. Key Growth DriversAir Lease’s endeavors to reward its shareholders are impressive. The company has an impressive dividend payment history. In November 2020, its board approved a 7% hike in its quarterly cash dividend to 16 cents per share (annualized 64 cents). This raise marked the 8th dividend increase in the company’s history. The decision to hike the quarterly dividend, amid the current scenario, is highly commendable. As investors prefer an income-generating stock, a high dividend-yielding option is much coveted. Needless to say, investors are always on the lookout for companies that boast an impressive history of regular and incremental dividend payments.Moreover, the company’s liquidity position is impressive. At the end of the second quarter, Air Lease’s current ratio (a measure of liquidity) was 2.32, well above 1.05 recorded at the end of first-quarter 2021. A higher current ratio is more desirable as it indicates that the company is more capable of paying its short-term debt obligations.Primary ConcernRising operating expenses are a threat to the company's bottom line. Operating expenses increased more than 23% during 2019, thanks to higher interest expenses as well as selling, general and administrative expenses. The same rose 6.8% in 2020. Continuing the trend, total expenses rose 10.6% to $748.61 million in the June quarter due to higher interest expenses and depreciation of flight equipment costs. This, in turn, is hurting the bottom line. The same is expected to have hurt the company’s third-quarter results (coming out on Nov 4) as well.Zacks Rank & Stocks to ConsiderAir Lease currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the Zacks Transportation sector are Schneider National, Inc. SNDR, Landstar System, Inc. LSTR and TFI International Inc. TFII. All the stocks carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1(Strong Buy) Rank stocks here.Long-term expected earnings per share (three to five years) growth rate for Schneider National, Landstar System and TFI International is pegged at 17.9%, 12% and 31.6%, respectively. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Air Lease Corporation (AL): Free Stock Analysis Report Landstar System, Inc. (LSTR): Free Stock Analysis Report Schneider National, Inc. (SNDR): Free Stock Analysis Report TFI International Inc. (TFII): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research