Aircastle Related Content

Embraer Delivers 10% More Jets in Q3/22 Compared with Q3/21

Embraer delivered 33 jets in Q3/22, of which 10 were commercial and 23 were executive jets (15 light and eight mid-size). The volume of deliveries was 10% higher compared to the 30 jets the company delivered in the same period in 2021. read more

BMO Increases Aircastle’s Revolving Credit Facility to $1B

Aircastle increased its unsecured revolving credit facility to $1 billion from $900 million with a $100 million commitment from BMO Harris. The facility expires in April 2025 and provides working capital for general corporate purposes and aircraft acquisition.  read more

Aircastle Closes $100MM Unsecured Revolver with Mizuho Marubeni Leasing

Aircastle closed a $100 million senior unsecured revolving credit facility with Mizuho Marubeni Leasing America, a wholly-owned subsidiary of Mizuho Marubeni Leasing based in the United States. The facility expires in November 2023. read more

Aircastle Reports 12% Drop in Lease Rental, Direct Financing and Sales-Type Lease Revenue

Aircastle reported a 14.3% increase in total revenues to $255.5 million in Q2/20, but noted that total lease rental and direct financing and sales-type lease revenues fell 12% to $176.9 million. read more

Aircastle Appoints Connelly Chief Accounting Officer

Aircastle promoted and appointed Jim Connelly to chief accounting officer. Connelly has been Aircastle's controller since January 2013. He joined Aircastle in May 2007 as assistant controller, operational accounting. read more

Aircastle Increases Revolving Credit Facility to $800MM, Extends to 2022

Aircastle increased the size of its unsecured revolving credit facility to $800 million from $675 million and extended its maturity by more than two years to June 2022.  read more

Former GE Capital Veteran Joins Aircastle as Chief Accounting Officer

Aircastle appointed Jay Maronilla chief accounting officer. read more

Aircastle Reports Lease Revenue Increase of 8% in Q2/17

Aircastle reported an 18% increase in total revenues in Q2/17 and an 8% increase in total lease rental and finance and sales-type lease revenues. read more

Aircastle Announces CEO Transition, Changes to Board

Aircastle named Michael J. Inglese CEO and appointed him to board of directors as Ron Wainshal will step aside to focus on his health. read more

Aircastle Reports FY Earnings Up on Lower Impairment Charges

Aircraft lessor Aircastle reported full year 2016 adjusted net income was $168.5 million, an increase of $26.3 million. The improvement was primarily driven by a $91.3 million reduction in non-cash aircraft impairment charges. read more

Aircastle Adds Former GECAS, Avolon Personnel to Airline Coverage Team

Sin Jin Lim and Tom Gathercole will be joining Aircastle's airline coverage team in January 2017 and will be based in Singapore and Dublin, respectively. read more

Aircastle Delivers Airbus A330-200 to Aerolíneas Argentinas

Aircastle it delivered one Airbus A330-200 aircraft on long-term lease to Aerolíneas Argentinas, the first of two deliveries which will support the airline’s fleet modernization.  read more

Aircastle Completes $120MM Term Loan Led by Development Bank of Japan

Aircastle completed a $120 million senior unsecured term loan with a group of seven Japanese financial institutions led by Development Bank of Japan. read more

Aircastle Increases and Extends Revolving Credit Facility

Aircastle increased the size of its unsecured revolving credit facility to $675 million from $600 million and extended its maturity by one year to May 2020.  read more

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