AEROCENTURY

ACY AMEX
8.12
-0.51
-5.95%
Closed 16:00 07/18 EDT
Open
8.04
Prev Close
8.63
High
8.80
Low
8.04
Volume
12.88K
Avg Vol (3M)
5.84K
52 Week High
17.15
52 Week Low
7.16
% Turnover
0.83%
Market Cap
12.55M
1D
5D
1M
3M
1Y
5Y

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Company Profile

AeroCentury Corp. acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. The Company's segment is leasing of regional aircraft to foreign and domestic regional airlines. The business of the Company is managed by JetFleet Management Corp. (JMC), an integrated aircraft management, marketing and financing business. JMC is a subsidiary of JetFleet Holding Corp (JHC). The Company has been engaged in the business of investing in used regional aircraft equipment leased to foreign and domestic regional air carriers. The Company owns regional aircraft and engines, which are leased to customers under triple net leases with terms that are less than the useful life of the assets. The Company's aircraft and aircraft engines that were on lease or held for lease includes turboprop aircraft, regional jet aircraft and engines.
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