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ACG posts $830 million 1Q net profit after tax-status change
May 12, 2017
US aircraft lessor Aviation Capital Group (ACG) posted an $830 million net profit for first-quarter 2017. The result includes AGC’s receipt of an $891 million tax benefit related to the elimination of the company’s net deferred tax liability―a result of the company’s March 31 change in tax status...
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