Tax reform boosts Air Lease Corp. to $756 million 2017 net profit

Credit: Boeing
Air Lease Corp. (ALC) received a $354 million benefit from the December 2017 US 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% to...

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