Aviation Capital Group reports third quarter performance

Aviation Capital Group (ACG) closed the third quarter of 2022 with total revenue of $228 million and a pre-tax net loss of $7 million. The company reported a cash flow from operations of $425 million for the nine-month period that ended September 30, 2022, an increase of 51% as compared to the same period last year. The company ended the quarter with $2.5bn in immediate liquidity, comprised of $2.3 billion available under the revolving credit facilities and $0.2 billion in unrestricted cash. ACG took delivery of seven aircraft: five A320neo, one 737 MAX, and one A350. The company also closed