AeroCentury reports net loss of $8.2 million in Q3 2019

AeroCentury has reported an increased third-quarter 2019 net loss of $8.2 million compared to a net loss of $4.5 million for the third quarter of 2018. The $8.2 million in the third quarter is a stark contrast to the minimal loss the group suffered of $78,000 loss in the preceding quarter.   The reason for the huge loss is down to the third quarter 2019 termination of the leases regarding repossession of four aircraft from one of the company’s lessees had a substantial impact on the company’s results, AeroCentury said in a statement. Further to this, AeroCentury said it recognises