Aircastle acquires, leases and sells commercial jet aircraft to airlines throughout the world. The Company employs a balanced approach to investment and capitalization, factoring in industry cyclicality and other global and regional market dynamics. 

Employee Rating

2.8More
TypePublic
HQStamford, US
Founded2005
Size (employees)111 (est)
Websiteaircastle.com
Aircastle was founded in 2005 and is headquartered in Stamford, US
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Key People/Management at Aircastle

Michael Inglese

Michael Inglese

CEO

Aircastle Office Locations

Aircastle has offices in Stamford, Singapore and Dublin
Stamford, US (HQ)
201 Tresser Boulevard Suite 400
Dublin, IE
8 Fitzwilliam Pl
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Aircastle Financials and Metrics

Aircastle Revenue

Aircastle's revenue was reported to be $796.62 m in FY, 2017
USD

Revenue (Q3, 2018)

190.8m

Net income (Q3, 2018)

36.3m

Market capitalization (17-Jan-2019)

1.5b

Closing stock price (17-Jan-2019)

20.2

Cash (30-Sep-2018)

593.9m
Aircastle's current market capitalization is $1.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

708.6m818.6m819.2m773.0m796.6m

Revenue growth, %

16%0%(6%)

General and administrative expense

56.2m61.9m73.6m

Operating expense total

749.9m659.1m703.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

204.6m212.1m183.7m190.0m194.7m204.3m223.5m191.4m202.7m204.3m190.8m

General and administrative expense

14.7m14.0m15.5m15.4m16.0m16.2m22.2m17.1m17.8m18.6m18.3m

Operating expense total

181.2m240.7m157.8m171.9m166.3m161.8m244.4m150.4m150.9m153.7m155.7m

Depreciation and amortization

77.4m85.3m76.6m75.1m76.2m79.2m78.3m70.0m75.0m76.2m78.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

654.6m169.7m155.9m455.6m211.9m

Accounts Receivable

2.8m3.3m8.6m6.0m12.8m

Inventories

Total Assets

6.3b6.2b6.6b7.2b7.2b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

238.2m614.1m187.5m474.3m330.0m242.9m149.0m594.4m493.2m656.2m871.9m481.0m662.6m210.8m142.4m593.9m

Accounts Receivable

5.1m4.4m6.0m3.9m2.4m5.0m3.0m7.4m4.5m5.3m7.4m3.8m5.7m7.8m19.4m27.4m

Total Assets

5.8b6.8b6.2b6.2b6.5b6.8b6.5b6.7b6.9b7.2b7.7b7.0b6.9b7.2b7.2b7.7b

Total Liabilities

4.2b5.1b4.6b4.5b4.8b5.0b4.7b4.9b5.2b5.4b5.9b5.2b5.0b5.2b5.2b5.8b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

29.8m100.8m121.7m151.5m147.9m

Depreciation and Amortization

284.9m299.4m318.8m305.2m298.7m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(18.6m)5.8m8.9m28.1m43.3m85.1m71.1m36.3m56.3m83.7m42.4m35.3m92.8m57.5m107.8m144.1m

Depreciation and Amortization

212.4m73.9m149.7m225.2m74.8m152.2m237.5m76.6m151.7m227.9m79.2m157.4m227.4m75.0m151.2m229.2m

Cash From Operating Activities

319.3m103.0m214.0m366.0m132.9m249.6m408.5m121.3m234.7m367.4m131.6m247.4m393.5m

Cash From Investing Activities

(523.6m)(629.0m)(592.6m)(413.3m)(213.1m)(664.6m)(713.5m)215.1m(214.0m)(378.5m)
USDY, 2018

Financial Leverage

3.9 x
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Aircastle News and Updates

Aircastle to Announce Third Quarter 2018 Earnings on November 1, 2018

STAMFORD, Conn., Oct. 18, 2018 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) ("Aircastle") announced today that it plans to release its third quarter financial results for the period ended September 30, 2018 on November 1, 2018 before the market opens. In connection with the earnings...

Aircastle Announces Pricing of $650 Million Aggregate Principal Amount of Senior Notes

STAMFORD, Conn., Sept. 20, 2018 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) ("Aircastle") announced today the pricing of its 4.400% senior notes due 2023 (the "notes") at an issue price of 99.831%. The size of the offering of the notes has been upsized from $500 million to $650 million...

Aircastle Announces Proposed Offering of $500 Million Aggregate Principal Amount of Senior Notes

STAMFORD, Conn., Sept. 20, 2018 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) ("Aircastle") announced today that it plans to offer an aggregate of $500 million principal amount of its senior notes due 2023 (the "notes"). Aircastle plans to use the net proceeds of the offering for general...

Aircastle Announces Retirement of Chief Commercial Officer in 2020

STAMFORD, Conn., Sept. 17, 2018 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) (the "Company" or "Aircastle") announced today that Michael Kriedberg, the Company's Chief Commercial Officer, intends to retire on January 1, 2020. Mr. Kriedberg will remain with Aircastle as Chief Commercial...

Aircastle Appoints Jim Connelly as Chief Accounting Officer

STAMFORD, Conn., Aug. 21, 2018 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) (the "Company" or "Aircastle") announced today the promotion and appointment of Jim Connelly as Chief Accounting Officer. Mr. Connelly has been Aircastle's Controller since January 2013. He joined Aircastle in...
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Aircastle Company Life and Culture

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Aircastle Frequently Asked Questions

  • When was Aircastle founded?

    Aircastle was founded in 2005.

  • Who are Aircastle key executives?

    Aircastle's key executives are Michael Inglese.

  • How many employees does Aircastle have?

    Aircastle has 111 employees.

  • What is Aircastle revenue?

    Latest Aircastle annual revenue is $796.6 m.

  • What is Aircastle revenue per employee?

    Latest Aircastle revenue per employee is $7.2 m.

  • Who are Aircastle competitors?

    Competitors of Aircastle include United Rentals, Air Lease Corporation and Baltia Air Lines.

  • Where is Aircastle headquarters?

    Aircastle headquarters is located at 201 Tresser Boulevard Suite 400, Stamford.

  • Where are Aircastle offices?

    Aircastle has offices in Stamford, Singapore and Dublin.

  • How many offices does Aircastle have?

    Aircastle has 3 offices.