Finance, Taxes, Insurance
Residco Adds To Leasing Pool with Brown Asset Buy
Leasing company Residco is making a move into the light aircraft leasing business and plans to serve flight schools and university flight programs.

Rail and aircraft leasing company Residco has purchased all assets of Brown Aviation Lease and plans to expand its leasing portfolio for flight schools and aviation universities. The assets included 31 aircraft, primarily Cessna 172s, that are already under lease, as well as five airplanes on order and scheduled for delivery this year.