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AeroCentury Corp. Bankruptcy Case

AeroCentury Corp.

Sale Process

Case No. 21-10636·Delaware·Petition date Mar 29, 2021

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OverviewProfessionals

Key professionals

Investment Banker

B. Riley Securities, Inc.

Accounting / Auditor

BDO USA, P.C.

Bankruptcy Counsel

Morrison & Foerster LLP

Bankruptcy Counsel

Young Conaway Stargatt & Taylor, LLP

Judge: John T. Dorsey
Petition assets: $100M–$500M
Petition liabilities: $100M–$500M
Industry: Transportation
Debtors: 3

AeroCentury Corp. is a Burlingame, California-based aircraft leasing company founded in 1997 and listed on the New York Stock Exchange. The company specializes in acquiring and leasing mid-life regional jet and turboprop aircraft to a diverse customer base across the United States, Canada, Croatia, Norway, and Kenya. Its portfolio includes operating and financing leases for regional carriers, managed through its subsidiary JetFleet Management Corp. The company focuses on triple net lease arrangements, maintaining a fleet of thirteen aircraft as of early 2021.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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