AeroCentury seeks nod to acquire JetFleet Holding
February 28, 2018: Global aircraft leasing company, AeroCentury Corp has received clearance from the California Department of Business Oversight to acquire JetFleet Holding Corp (JHC).
The acquisition is expected to close by early April, which is subject to the approval of JHC's shareholders.
AeroCentury specializes in leasing regional jet and turboprop aircraft, and related engines. Its aircraft and engines are leased to regional airlines and commercial users, globally.