AeroCentury Corp. (AeroCentury) Offers Aircraft Leasing and Financing Services

AeroCentury Corp. (AeroCentury) offers aircraft leasing and financing services. The company owns a fleet of aircraft for leasing purposes. It acquires regional aircraft and aircraft engines, and leases to foreign and domestic regional carriers. It has a management agreement with JetFleet Management Corp. (JMC), under which JMC manages maintenance payments and return conditions in its lease agreements to maintain the salability of its aircraft. The company finances its assets primarily through debt borrowings and excess cash flows. It has lease operations in North America, Africa, Central and South America, Asia, Europe, and Australia. AeroCentury is headquartered in Burlingame, California, the US.