Aircraft lessor AeroCentury reported net income in Q3/21 of $27.5 million compared with a net loss of $4.1 million in Q3/20. The company also recorded $28.7 million in reorganization gains in Q3/21. read more

NOV 22, 2021 - 6:42 am

AeroCentury and its two U.S. subsidiaries filed a proposed combined plan of reorganization and disclosure statement with respect to its proposed plan to exit Chapter 11 bankruptcy protection with the Delaware Bankruptcy Court. read more

JUN 23, 2021 - 6:23 am

AeroCentury and certain of its subsidiaries commenced a voluntary case under Chapter 11 of the United States Bankruptcy Code. AeroCentury also entered into a stalking horse agreement with its sole secured lender, Drake Asset Management. read more

MAR 30, 2021 - 6:29 am

AeroCentury, an independent aircraft leasing company, reported a Q2/20 net loss of $13.5 million compared with a net loss of $0.1 million for Q2/19. read more

AUG 17, 2020 - 7:17 am

AeroCentury recently sold turboprop aircraft to refresh its portfolio by lowering the average age of its portfolio and reducing its exposure to older aircraft. read more

FEB 6, 2020 - 6:20 am

AeroCentury announced the purchase of two Bombardier Dash 8-Q400 aircraft on lease to Croatia Airlines from two special purpose companies managed by GOAL German Operating Aircraft Leasing GmbH & Co. KG. read more

MAY 16, 2018 - 6:58 am

JetFleet Holding shareholders approved the acquisition of JHC by aircraft leasing company AeroCentury pursuant to the terms of an agreement and plan of merger. read more

MAR 16, 2018 - 8:07 am

AeroCentury’s revolving credit facility agented by MUFG Union Bank was expanded to $170 million from $150 million. The company also purchased a package of three Embraer 175 aircraft. read more

JUL 27, 2017 - 6:57 am

AeroCentury appointed Karen Rogge to its board of directors.  read more

JUN 8, 2017 - 7:23 am

AeroCentury completed the purchase of two Bombardier CRJ 900 aircraft already on lease with Sloveian airline Adria Airways, a current customer.  The transaction was valued at approximately $37 million. read more

SEP 23, 2016 - 6:38 am

Aircraft lessor AeroCentury appointed Michael G. Magnusson to serve as CEO, effective September 6, 2016. read more

AUG 16, 2016 - 7:43 am

AeroCentury’s board of directors named Evan Wallach Chairman of the board. read more

MAY 6, 2016 - 6:15 am

Independent leasing company AeroCentury has reached a new management agreement with its current management company, JetFleet Management, which continues JMC's management services through August 2025.  read more

AUG 19, 2015 - 6:48 am

AeroCentury announced that equipment leasing veteran David P. Wilson has been re-elected to the board of directors. Wilson retired in 2014 from GECAS where he was a SVP of asset sales and aircraft securitizations. read more

MAY 18, 2015 - 7:18 am

AeroCentury announced the addition of David P. Wilson to its board of directors. Wilson retired from GECAS and formerly served at Citicorp’s equipment finance and leasing division. read more

FEB 10, 2015 - 7:29 am