Aircastle appointed David Odlum as chief risk officer. Odlum is expected to join the company on Dec. 1, 2024. He will be responsible for directing all the company’s risk management activities and will serve as an integral member of the leadership team. read more
SEP 11, 2024 - 6:40 am
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
NOV 8, 2022 - 7:35 am
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
SEP 13, 2022 - 7:34 am
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
DEC 7, 2021 - 6:13 am
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
AUG 4, 2020 - 6:59 am
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
AUG 23, 2018 - 6:54 am
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
JUN 28, 2018 - 2:11 pm
Aircastle appointed Jay Maronilla chief accounting officer. read more
AUG 29, 2017 - 6:59 am
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
AUG 9, 2017 - 6:25 am
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
JUN 13, 2017 - 6:44 am
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
FEB 15, 2017 - 7:03 am
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
DEC 21, 2016 - 7:00 am
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
SEP 15, 2016 - 6:28 am
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
APR 12, 2016 - 7:02 am
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
MAR 30, 2016 - 5:49 am