OverviewSuggest Edit

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. 
TypePublic
Founded2005
HQStamford, CT, US
Websiteaircastle.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)111(+2%)
Revenue (FY, 2019)$917.9 M(+4%)
Share Price (Mar 2020)$32
Cybersecurity ratingAMore

Key People/Management at Aircastle

Aaron Dahlke

Aaron Dahlke

Chief Financial Officer
Michael J. Inglese

Michael J. Inglese

Chief Executive Officer, Director
Christopher Beers

Christopher Beers

Chief Legal Officer
Guy Bacigalupi

Guy Bacigalupi

Chief Risk Officer
Douglas C. Winter

Douglas C. Winter

Chief Commercial Officer
James C. Connelly

James C. Connelly

Chief Accounting Officer
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Aircastle Office Locations

Aircastle has offices in Stamford, Dublin and Singapore
Stamford, CT, US (HQ)
201 Tresser Blvd
Dublin, IE
8 Fitzwilliam Pl
Show all (3)

Aircastle Financials and Metrics

Aircastle Revenue

Aircastle's revenue was reported to be $917.94 m in FY, 2019
USD

Revenue (Q2, 2020)

255.5m

Net income (Q2, 2020)

(191.0m)

Market capitalization (30-Mar-2020)

2.4b

Closing stock price (30-Mar-2020)

32.0

Cash (30-Jun-2020)

319.0m

EV

7.2b
Aircastle's current market capitalization is $2.4 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

605.2m686.6m708.6m818.6m819.2m773.0m796.6m890.4m917.9m

Revenue growth, %

16%0%(6%)

Cost of goods sold

13.3m14.7m

Gross profit

591.9m671.9m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

148.8m141.5m164.9m172.2m172.9m176.2m170.4m170.1m176.6m226.1m177.6m194.3m204.6m212.1m183.7m190.0m194.7m204.3m223.5m191.4m202.7m204.3m190.8m213.9m223.4m236.9m282.5m255.5m

Cost of goods sold

3.4m4.0m2.8m5.2m3.9m3.4m6.1m

Gross profit

145.5m137.5m162.1m166.9m168.9m172.8m164.2m

Gross profit Margin, %

98%97%98%97%98%98%96%
USDQ2, 2011

Financial Leverage

3.5 x
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Aircastle Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Aircastle Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Aircastle Online and Social Media Presence

Embed Graph

Aircastle News and Updates

Aircastle Reports Financial Results for the Three-Month Period Ended November 30, 2020

STAMFORD, Conn., Jan. 14, 2021 /PRNewswire/ -- Key Financial Metrics for the Three Months ended November 30, 2020 Total revenues of $180.9 million Net income of $2.7 million Adjusted EBITDA(1) of $167.5 million Gain on sale of flight equipment of $13.0 million Recent Highlights For the...

Aircastle Announces Fourth Quarter and Full Year 2019 Results; Acquisition on Track

STAMFORD, Conn., Feb. 13, 2020 /PRNewswire/ -- Key Financial Metrics Total revenues of $243.7 million for the fourth quarter of 2019 and $917.9 million for the year Net income of $47.3 million, or $0.62 per diluted common share, for the fourth quarter and $156.6 million, or $2.06 per...

SHAREHOLDER ALERT: WeissLaw LLP Investigates Aircastle Limited

NEW YORK, Nov. 8, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Aircastle Limited ("AYR" or the "Company") (NYSE: AYR) in connection with the proposed acquisition of the Company by Marubeni...

CORRECTED-Aircraft lessor Aircastle to be acquired in a $2.4 bln deal

Aircastle Ltd said on Wednesday affiliates of Japan-based Marubeni Corp and Mizuho Leasing Company had offered to buy the aircraft lessor in a deal valued at $2.4 billion.

Aircastle stock jumps premarket after company says it may sell itself

Aircastle Ltd. shares jumped about 9% in premarket trade Thursday, after the company, which acquires, leases and sells commercial jet aircraft, said it's reviewing its strategic options, including a potential sale of the company. Stamford, Ct.-based Aircastle said it has received preliminary expres…

Aircastle Announces Review of Strategic Alternatives

STAMFORD, Conn., Oct. 24, 2019 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) ("Aircastle" or the "Company") announced today that its Board of Directors is evaluating strategic alternatives, which may include a sale of the Company. Aircastle has received preliminary non-binding expressions...
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Aircastle Blogs

Aircastle to Announce First Quarter 2020 Results on May 13, 2020

STAMFORD, Conn., May 6, 2020 /PRNewswire/ -- Aircastle Limited ("Aircastle") announced today that it plans to release its first quarter financial results for the period ended March 31, 2020 on May 13, 2020 before the market opens. In connection with the earnings release, management will host an

Aircastle Posts 2019 Passive Foreign Investment Company ("PFIC") Annual Information Statements to Website

STAMFORD, Conn. , March 30, 2020 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) announced today that it has posted its 2019 PFIC Annual Information Statement to its website. Aircastle is considered a PFIC for U.S. Federal income tax purposes through 2019 and expects to be treated as a PFIC for the

Aircastle Limited Completes Merger with Affiliates of Marubeni and Mizuho Leasing

Aircastle Limited Completes Merger with Affiliates of Marubeni and Mizuho Leasing Content Import Fri, 03/27/2020 - 11:32 Aircastle Limited Completes Merger with Affiliates of Marubeni and Mizuho Leasing March 27, 2020 at 11:31 AM EDT This release is a backfill…

Aircastle Limited Announces Receipt of Final Regulatory Approval in Connection with Pending Merger

STAMFORD, Conn. , March 24, 2020 /PRNewswire/ --  Aircastle Limited (NYSE: AYR) (" Aircastle ") announced today the receipt of the final regulatory approval that is a condition to closing Aircastle's previously announced merger with an entity controlled by affiliates of Marubeni Corporation

Aircastle Limited Announces Shareholder Approval of Merger Agreement with Affiliates of Marubeni and Mizuho Leasing

STAMFORD, Conn. , March 6, 2020 /PRNewswire/ --  Aircastle Limited (NYSE: AYR) (" Aircastle ") announced today that its shareholders have voted to approve the previously announced Agreement and Plan of Merger, dated as of November 5, 2019 (the "Merger Agreement"), by and among Aircastle , MM Air

Aircastle to Announce Fourth Quarter and Full Year 2019 Earnings on February 13, 2020

Aircastle to Announce Fourth Quarter and Full Year 2019 Earnings on February 13, 2020 Content Import Thu, 01/30/2020 - 16:16 Aircastle to Announce Fourth Quarter and Full Year 2019 Earnings on February 13, 2020 January 30, 2020 at 4:15 PM EST This release is a…
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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 Aaron Dahlke, Michael J. Inglese and Christopher Beers.

  • How many employees does Aircastle have?

    Aircastle has 111 employees.

  • What is Aircastle revenue?

    Latest Aircastle annual revenue is $917.9 m.

  • What is Aircastle revenue per employee?

    Latest Aircastle revenue per employee is $8.3 m.

  • Who are Aircastle competitors?

    Competitors of Aircastle include United Rentals, Upgrade Pack and American Shipping Company.

  • Where is Aircastle headquarters?

    Aircastle headquarters is located at 201 Tresser Blvd, Stamford.

  • Where are Aircastle offices?

    Aircastle has offices in Stamford, Dublin and Singapore.

  • How many offices does Aircastle have?

    Aircastle has 3 offices.