AMEX, ACY - Aerocentury Corp
AeroCentury Corp., a Delaware corporation (the Company, as defined below)
acquires used regional aircraft for lease to foreign and domestic regional
carriers. Financial information for AeroCentury Corp. and its wholly-owned
subsidiaries, AeroCentury Investments V LLC (?AeroCentury V LLC?) and
AeroCentury Investments VI LLC (?AeroCentury VI LLC?) (collectively, the
?Company?), is presented on a consolidated basis. All intercompany balances and
transactions have been eliminated in consolidation.
The business of the Company is managed by JetFleet Management Corp. ("JMC"),
pursuant to a management agreement between the Company and JMC (?the Management
Agreement?), which is an integrated aircraft management, marketing and financing
business and a subsidiary of JetFleet Holding Corp. ("JHC"). Certain officers
of the Company are also officers of JHC and JMC and hold significant ownership
positions in both JHC and the Company. ...
Read SEC Filing on NASDAQ.com »