- The Company posted net income of $1,648,100, or $1.04 per diluted share for the year ended December 31, 2010, compared to net income of $5,657,400, or $3.62, per diluted share, for the year ended December 31, 2009.
- The Company's income-earning assets have increased more than 640% since January 1998 from $17 million to over $127 million.
- As of December 31, 2010, the Company owned 43 aircraft, comprised of 7 different types, and 3 aircraft engines on lease to customers in 15 countries worldwide.
Investor Considerations
- A leading independent lessor of regional aircraft which has been in business through predecessors since 1989.
- One of the only specialized leasing companies serving a growing market segment.
- Seasoned management team with extensive experience in the regional aircraft industry.
- Established global reputation as an operating lessor with the ability to meet demand for aircraft and financing by smaller regional carriers.