Toni Perazzo
Chief Financial Officer
(650) 340-1888
FOR IMMEDIATE RELEASE
AEROCENTURY CORP. ANNOUNCES
RE-LEASE OF AIRCRAFT
(BURLINGAME, CA), January 27, 2005
-- AeroCentury Corp., (ASE:ACY), an independent aircraft leasing
company, today announced the re-lease of two of its Dash-8-300
aircraft.
The Company recently leased the
Dash-8-300 aircraft, serial numbers 325 and 404, to LIAT (1974) Ltd.
for terms of 36 months with extension options.
LIAT is a regional airline based
in Antigua. LIAT, founded in 1956, operates a fleet of 12 Dash 8
aircraft, serving 20 destinations in the Eastern Caribbean.
AeroCentury is an aircraft
operating lessor and finance company specializing in leasing
regional aircraft and engines utilizing triple net leases. The
Company’s aircraft and engines are on lease to regional airlines and
commercial users worldwide.