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.
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.
Air Lease Corp. (ALC) provided the bulk of Boeing’s commercial aircraft* orders in July, as the US manufacturer booked firm orders for 14 aircraft from the Los Angeles-based lessor, valued at approximately $1.8 billion at list prices.