AAI » Topics » Note 10-Subsequent Events

This excerpt taken from the AAI 10-Q filed Apr 23, 2008.

Note 10—Subsequent Events

On April 3, 2008, we acquired a B737 aircraft and financed the acquisition with secured debt.

On April 16, 2008, we completed the sale of a newly acquired aircraft to a carrier outside the United States.

On April 22, 2008, we announced our intention to offer $65 million aggregate principal amount of convertible senior notes and to offer 14.3 million shares of common stock in registered public offerings.

 

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
This excerpt taken from the AAI 10-Q filed Nov 5, 2007.

Subsequent Events

On October 31, 2007, effective November 1, 2007, the Board of Directors elected Robert Fornaro to succeed Joe Leonard as Chief Executive Officer of the Company. Mr. Leonard continues as Chairman of the Board and director of the Company.

 

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ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

There have been no material changes in market risk from the information provided in Part II, Item 7A “Quantitative and Qualitative Disclosures About Market Risk” in our Annual Report on Form 10-K/A for the fiscal year ended December 31, 2006, other than those discussed below.

EXCERPTS ON THIS PAGE:

10-Q
Apr 23, 2008
10-Q
Nov 5, 2007
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