About: AeroCentury Corp.

Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: AeroCentury Corp. Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

AeroCentury Corp. is engaged in the business of investing in used regional aircraft equipment leased to foreign and domestic regional air carriers and has been engaged in such business since its formation in 1997. The Company’s principal business objective is to increase stockholder value by acquiring aircraft assets and managing those assets in order to provide a return on investment through lease revenue and, eventually, sale proceeds. The Company strives to achieve its business objective by reinvesting cash flow and obtaining short-term and long-term debt and/or equity financing.

Attributes	Values
rdfs:label	AeroCentury Corp.
rdfs:comment	AeroCentury Corp. is engaged in the business of investing in used regional aircraft equipment leased to foreign and domestic regional air carriers and has been engaged in such business since its formation in 1997. The Company’s principal business objective is to increase stockholder value by acquiring aircraft assets and managing those assets in order to provide a return on investment through lease revenue and, eventually, sale proceeds. The Company strives to achieve its business objective by reinvesting cash flow and obtaining short-term and long-term debt and/or equity financing.
dcterms:subject	Profiles
foaf:homepage	http://www.aerocentury.com/
Phone	650(xsd:integer)
Address	1440(xsd:integer) BURLINGAME , CA 94010
Company Name	AeroCentury Corp.
Ticker	ACY
Industry	Leased Aircraf
dbkwik:investments...iPageUsesTemplate	dbkwik:resource/4S_R4i9i1czxLAynk2OxFQ== dbkwik:resource/Fon7ljHtAkC_sEuEFvt4ug==
Website	dbkwik:resource/a6joPBkXnGLE60YFc8Obxg==
Institution Owners	23(xsd:double)
Dividends	none
abstract	AeroCentury Corp. is engaged in the business of investing in used regional aircraft equipment leased to foreign and domestic regional air carriers and has been engaged in such business since its formation in 1997. The Company’s principal business objective is to increase stockholder value by acquiring aircraft assets and managing those assets in order to provide a return on investment through lease revenue and, eventually, sale proceeds. The Company strives to achieve its business objective by reinvesting cash flow and obtaining short-term and long-term debt and/or equity financing. AeroCentury acquires additional assets in one of three ways. 1. * It may purchase an asset already subject to a lease and assume the rights of the seller, as lessor under the existing lease. 2. * It may purchase an asset, usually from an air carrier, and lease it back to the seller. 3. * It may purchase an asset from a seller and then immediately enter into a new lease for the aircraft with a third party lessee. In this last case, the AeroCentury typically does not purchase an asset unless a potential lessee has been identified and has committed to lease the aircraft. AeroCentury generally targets used regional aircraft and engines with purchase prices between $1 million and $10 million, and lease terms less than five years. In determining assets for acquisition, the Company evaluates, among other things, the type of asset, its current price and projected future value, its versatility or specialized uses, the current and projected future availability of and demand for that asset, and the type and number of future potential lessees. When considering whether to accept transactions with a lessee, the Company examines the creditworthiness of the lessee, its short- and long-term growth prospects, its financial status and backing, the impact of pending governmental regulation or de-regulation of the lessee’s market, all of which are weighed in determining the lease rate that is offered to the lessee. In addition, where applicable, it is the Company’s policy to monitor the lessee’s business and financial performance closely throughout the term of the lease, and if requested, provide assistance drawn from the experience of the Company’s management in many areas of the air carrier industry.

OpenLink Virtuoso version 07.20.3217, on Linux (x86_64-pc-linux-gnu), Standard Edition
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2012 OpenLink Software