BURLINGAME, Calif., Dec. 28 /PRNewswire-FirstCall/ -- AeroCentury Corp., (AMEX:ACY), an independent aircraft leasing company, today announced the purchase and leaseback of four Fokker 50 aircraft.
The Company recently purchased the four Fokker 50 aircraft, serial numbers 20177, 20181, 20192 and 20202, and subsequently leased them to VLM Airlines N.V.
"We are quite pleased to expand our relationship with VLM," said Neal Crispin, President of AeroCentury. "VLM has been a valued customer since 1998." VLM Airlines, a regional business airline based in Antwerp, Belgium, started operations in May 1993. In 2004 VLM reported its seventh consecutive year of profit and carried over 553,000 passengers.
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. DATASOURCE: AeroCentury Corp.
CONTACT: Toni Perazzo, Chief Financial Officer of AeroCentury Corp., +1-650-340-1888 Web site: http://www.aerocentury.com/
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