US Lessor ACG reports $891 million benefit from tax status conversion

California-based aircraft lessor Aviation Capital Group’s (ACG) tax status conversion in late March provided a substantial tax benefit to its overall equity, propelling ACG to an $887.5 million net profit for the first half of 2017, compared to $37.6 million in net profit for the same period in 2016...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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