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Published on 9/28/2021 in the Prospect News Distressed Debt Daily.

AeroCentury reports $17.4 million operating profit for August period

By Sarah Lizee

Olympia, Wash., Sept. 28 – AeroCentury Corp. reported a $17.4 million operating profit for August on $18.32 million of total income, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The company listed $1.29 million in cash as of Aug. 31.

AeroCentury is an aircraft operating lessor and finance company based in Burlingame, Calif. The company filed bankruptcy on March 29, 2021 under Chapter 11 case number 21-10636.


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