AeroCentury Corp. · Burlingame, CA United States ·(NYSE Alternext: ACY)
Company Description
Phone: 650-340-1888
Fax: 650-696-3929
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With a high-flyin' inventory, AeroCentury leases used turboprop aircraft and engines to regional airlines and other commercial customers. The company often buys equipment from an airline, then leases it back to the seller, usually for a term of three to five years. AeroCentury also buys assets already under lease. The company only makes a purchase when it has a customer committed to a lease. Typically, lessees are responsible for any maintenance costs. AeroCentury owns about 30 aircraft, mainly de Havilland and Fokker models. The majority of the company's lease revenues come from airlines headquartered outside the US. To read the full description, subscribe now.
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Key AeroCentury Corp. Financials
| Company Type | Public - NYSE Alternext: ACY Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $31.8 |
AeroCentury Corp. Executives
13 executives listed for AeroCentury Corp.'s Burlingame, CA location.
| Title | Name & Bio | Contact |
| Chairman and President | Neal Crispin | Network |
| SVP, CFO, Secretary, and Director | Toni Perazzo | Network |
| SVP | John Myers | Network |
Competition
Competitive Landscape for AeroCentury Corp.
Demand for commercial, military, and private airplanes drives the aircraft parts industry. The profitability of individual companies depends on efficient operations and the ability to secure long-term contracts. Small companies can compete by specializing in high-end, low-volume, or hard-to-find parts, or in production of low-price commodity parts. Large companies have economies of scale in production and purchasing. The industry is labor-intensive: annual revenue per employee is about $200,000 at larger companies, $125,000 at smaller ones. To read the full description, subscribe now.Top AeroCentury Corp. Competitors
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