Michael Magnusson Related Content

AeroCentury Files Proposed Plan of Reorganization

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

AeroCentury Files Chapter 11 Bankruptcy

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

AeroCentury Reports $13.5MM Net Loss in Q2/20

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

AeroCentury Completes $37MM Aircraft Purchase

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

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