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Commercial Aerospace Capital Corporation Announces the Purchase of Two Boeing 737 Series Aircraft.


CANFIELD, Ohio Canfield is a city located in Mahoning County, Ohio, United States, at the intersection of U.S. Route 224 and State Route 46, about ten miles southwest of Youngstown. As of the 2000 census, the city population was 7,374.  -- In the contact information, the phone number for John Green should read 330-702-0905 (sted 330-718-0567).

The corrected release reads:

COMMERCIAL AEROSPACE CAPITAL CORPORATION ANNOUNCES THE PURCHASE OF TWO BOEING 737 SERIES AIRCRAFT

Commercial Aerospace Capital Corporation, an operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock.  of Alliance Continental Holdings Group, Inc. has announced that it has acquired loan certificates with a par value in excess $21 million dollars secured by two Boeing 737 series aircraft on lease to a foreign air carrier. CACC CACC Center for Animal Care and Control
CACC Canadian Association for Community Care
CACC Central Alabama Community College
CACC Chilterns Association of Camera Clubs (United Kingdom) 
 acquired the aircraft notes through a negotiated private transaction.

John C. Green Managing Director / CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , noted, "CACC is pleased to assist in aiding the liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts.

A type of proceeding pursuant to federal Bankruptcy
 that has allowed the former U.S. operator to exhaust various debt instruments within its bankruptcy restructuring, while CACC has simultaneously provided its foreign airline clientele, newer aircraft that have remained in service, until the time transition from operator to CACC.

"We intend to continue with similarly structured debt & equity transactions, offering liquidity, with the underlying assets being leased to other air carriers domestic and abroad."

The company has already solidified so·lid·i·fy  
v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies

v.tr.
1. To make solid, compact, or hard.

2. To make strong or united.

v.intr.
 negotiations to acquire one remaining 747-400 from the same liquidation proceeding, and three additional 737s for placement outside of the U.S.

Further verification or additional media may be requested by contacting media@commercialaerospacecapitalcorporation.com
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 22, 2005
Words:210
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