Air Lease Corp. Boosted By U.S. Tax Bill; Assets Reach $15 Billion

Air Lease Corp. (ALC) received a $354 million benefit from the December 2017 U.S. tax reform legislation, pushing the Los Angeles-based commercial aircraft lessor to a $756.2 million net profit for 2017, more than doubling ALC’s $375 million net income in 2016. ALC’s full-year revenue increased 6.9%...

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