AeroCentury reports fourth quarter 2011 and full year results

AeroCentury, an independent aircraft leasing company, reported its operating results for the fourth quarter and the year ended December 31, 2011. For the fourth quarter ended December 31, 2011, the Company reported total revenues of $6.7m compared with total revenues of $5.9m for the same period a year ago.  For the year ended December 31, 2011, the Company reported total revenues of $24.6m compared with revenues of $30.7m for 2010. The Company reported net income of $1.2m for the fourth quarter of 2011, compared to a net loss of $1.0m for the fourth quarter of 2010, and a net loss of $1.5m for the year ended December 31, 2011, compared to net income of $1.6m for 2010.