Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter in 2018, Mark was a reporter and data analyst for Air Transport World.
Dublin-based Avolon—which in 2017 vaulted into the top three global aircraft lessors with its purchase and integration of CIT Group’s aircraft leasing business—reported a $550 million profit for the year, a 59.4% rise over its $345 million profit after tax in 2016.
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.
