“We hope that following remaining resolution of your Drake indebtedness from the Chapter 11 sale method, we will get fast acceptance for any reorganization strategy and will be able to instantly emerge from Chapter 11,” explained Michael Magnusson, the corporation’s CEO. “AeroCentury intends to stay a community company specializing in the regional aircraft industry. Which has a clear balance sheet, we is going to be primed for speedy execution of a recapitalization program that allows us to resume and Develop on our asset leasing, finance and management company,” Mr. Magnusson continued. “We imagine such a re-emergent, recapitalized, and re-energized AeroCentury Corp.
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