Aircastle

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Aircastle Limited
Company type
Subsidiary
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HeadquartersStamford, Connecticut, United States
Number of locations
3
Area served
Worldwide
Key people
Michael Inglese (CEO)
Aaron Dahlke (CFO)
ServicesCommercial Aircraft Leasing and Sales
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Total equityIncrease US$1.9 Billion (FY 2017)[1]
Number of employees
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ParentMarubeni and Mizuho Leasing
WebsiteAircastle.com

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Aircastle Limited is an aircraft leasing company that acquires, leases and sells commercial jet aircraft to airlines around the world. It has its headquarters in Stamford, Connecticut, with offices in Dublin and Singapore. Aircastle was incorporated on October 29, 2004.[2]

As of September 30, 2019, Aircastle owns and managed 277 aircraft leased to 87 lessees located in 48 countries.[3]

From August 2006 to March 2020, Aircastle traded on the New York Stock Exchange under the ticker symbol AYR.[4][5]

On November 6, 2019, Aircastle reached a merger agreement with Marubeni and Mizuho Leasing at a price of Template:US$ per share, for a company valuation of Template:US$ billion; Marubeni was previously Aircastle's largest shareholder.[6] The acquisition was completed on March 27, 2020.[5]

References

  1. ^ a b c d e Page Module:Citation/CS1/styles.css has no content."Aircastle (AYR) 10-K annual SEC report". Archived from the original on December 15, 2018. Retrieved December 12, 2018.
  2. ^ Page Module:Citation/CS1/styles.css has no content."Aircastle Ltd". Bloomberg. Retrieved June 13, 2020.
  3. ^ Page Module:Citation/CS1/styles.css has no content.Schott, Paul (November 12, 2019). "Stamford-based Aircastle to lease planes to KLM". Stamford Advocate. Retrieved June 13, 2020.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Aircastle's Head In The Clouds". Forbes. August 4, 2006. Retrieved June 13, 2020.
  5. ^ a b Page Module:Citation/CS1/styles.css has no content."Aircastle Limited Completes Merger with Affiliates of Marubeni and Mizuho Leasing". Bloomberg. March 27, 2020. Retrieved June 13, 2020.
  6. ^ Page Module:Citation/CS1/styles.css has no content."Marubeni : and Mizuho Leasing to acquire remaining shares of Aircastle Limited". MarketScreener. November 6, 2019. Retrieved June 13, 2020.

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