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“We hope that pursuing closing resolution in the Drake indebtedness from the Chapter eleven sale method, we can get fast acceptance for any reorganization plan and should be able to immediately emerge from Chapter eleven,” defined Michael Magnusson, the Company’s CEO. “AeroCentury intends to stay a community business specializing in the regional aircraft sector. Which has a thoroughly clean harmony sheet, we might be primed for speedy execution of a recapitalization strategy that enables us to resume and Create upon our asset leasing, finance and administration business,” Mr. Magnusson continued. “We believe that such a re-emergent, recapitalized, and re-energized AeroCentury Corp.

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