Airlease Ltd. to Terminate and Make a Final Cash Distribution
September 20 2004 - 1:45PM
PR Newswire (US)
Airlease Ltd. to Terminate and Make a Final Cash Distribution SAN
FRANCISCO, Sept. 20 /PRNewswire-FirstCall/ -- Airlease Ltd., A
California Limited Partnership (OTC:AIRL) (BULLETIN BOARD: AIRL) ,
announced today that the Board of Directors of its General Partner
has approved the termination of the Partnership as of September 30,
2004. As part of terminating the Partnership and completing the
dissolution, winding up and liquidation of Airlease, the Board of
Directors approved a final cash distribution of 8.5 cents per unit.
The distribution will be paid on October 15, 2004, to holders of
record as of the close of business on September 30, 2004. As a
result of the termination of Airlease, trading in the units will
cease after September 30, 2004. DATASOURCE: Airlease Ltd. CONTACT:
Jad Mansour of Airlease Ltd., +1-415-765-1814
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