Aircastle

Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of March 31, 2016, Aircastle owned and managed on behalf of its joint ventures 162 aircraft on lease with 54 customers located in 33 countries. Aircastle employs a balanced approach to investment and capitalization, factoring in industry cyclicality and other global and regional market dynamics. We focus on a long-term investment horizon. Our business is managed by a team of aviation professionals with extensive industry experience. Through servicing offices in the US, Ireland and Singapore, we provide our airline customers with an exceptional level of service and our investors with global coverage and local market knowledge.

Company Growth (employees)
Type
Public
HQ
Stamford, US
Founded
2005
Size (employees)
102 (est)
Aircastle was founded in 2005 and is headquartered in Stamford, US

Aircastle Office Locations

Aircastle has offices in Stamford, Dublin and Singapore
Stamford, US (HQ)
300 First Stamford Pl
Dublin, IE
8 Fitzwilliam Pl

Aircastle Data and Metrics

Aircastle Financial Metrics

Aircastle's revenue was reported to be $204.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

204.3 m

Net income (Q1, 2017)

42.4 m

Market capitalization (17-Aug-2017)

1.7 b

Cash (31-Mar-2017)

871.9 m
Aircastle's current market capitalization is $1.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

708.6 m818.6 m819.2 m773 m

Revenue growth, %

16%0%(6%)

General and administrative expense

61.9 m

Operating expense total

713.1 m694.7 m749.9 m659.1 m

EBIT

82.3 m99.4 m187.2 m

EBIT margin, %

12%12%23%

Interest expense

243.6 m255.7 m

Income tax expense

9.2 m13.9 m12.8 m12.3 m

Net Income

29.8 m100.8 m121.7 m151.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

204.6 m212.1 m183.7 m190 m194.7 m204.3 m

General and administrative expense

14.7 m14 m15.5 m15.4 m16 m16.2 m

Operating expense total

14.7 m14 m15.5 m15.4 m16 m16.2 m

Interest expense

61.6 m60.4 m64.2 m62.5 m61.8 m63.1 m

Pre tax profit

44.7 m(12.8 m)

Income tax expense

4.5 m2.7 m3.9 m2.4 m2.5 m1.8 m

Net Income

8.9 m28.1 m43.3 m85.1 m71.1 m36.3 m56.3 m83.7 m42.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

654.6 m169.7 m155.9 m455.6 m

Accounts Receivable

2.8 m3.3 m8.6 m6 m

Total Assets

6.3 b6.2 b6.6 b7.2 b

Accounts Payable

41.1 m

Total Liabilities

5.4 b

Additional Paid-in Capital

1.6 b1.6 b1.6 b1.5 b

Retained Earnings

158.4 m192.8 m241.6 m315.9 m

Total Equity

1.8 b1.8 b

Financial Leverage

3.7 x3.9 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

187.5 m474.3 m330 m242.9 m149 m594.4 m493.2 m656.2 m871.9 m

Accounts Receivable

6 m3.9 m2.4 m5 m3 m7.4 m4.5 m5.3 m7.4 m

Total Assets

6.2 b6.2 b6.5 b6.8 b6.5 b6.7 b6.9 b7.2 b7.7 b

Additional Paid-in Capital

1.6 b1.6 b1.6 b1.6 b1.6 b1.5 b1.5 b1.5 b1.5 b

Retained Earnings

134.9 m137.9 m218.2 m242.2 m210.3 m258.9 m260 m268.6 m337.9 m

Total Equity

1.8 b1.8 b1.8 b1.8 b1.8 b1.9 b

Financial Leverage

3.8 x3.7 x3.8 x3.9 x4 x4.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

29.8 m100.8 m121.7 m151.5 m

Depreciation and Amortization

284.9 m299.4 m318.8 m305.2 m

Accounts Receivable

3.4 m(509 k)(5.4 m)832 k

Cash From Operating Activities

424 m458.8 m526.3 m468.1 m

Cash From Investing Activities

(682.9 m)(861.6 m)(864.7 m)(646.2 m)

Dividends Paid

(52.1 m)(66.4 m)(73 m)(77.1 m)

Cash From Financing Activities

295.3 m(82.1 m)324.6 m477.7 m

Interest Paid

195.2 m224.7 m

Income Taxes Paid

487 k5.1 m12.7 m16.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

8.9 m28.1 m43.3 m85.1 m71.1 m36.3 m56.3 m83.7 m42.4 m

Depreciation and Amortization

149.7 m225.2 m74.8 m152.2 m237.5 m76.6 m151.7 m227.9 m79.2 m

Accounts Receivable

(3.6 m)(1.6 m)948 k(1.7 m)253 k992 k3.3 m1.7 m(1.4 m)

Cash From Operating Activities

214 m366 m132.9 m249.6 m408.5 m121.3 m234.7 m367.4 m131.6 m

Cash From Investing Activities

(592.6 m)(413.3 m)(213.1 m)(664.6 m)(713.5 m)215.1 m(214 m)(378.5 m)

Dividends Paid

(32.4 m)(48.6 m)(17.9 m)(35.7 m)(53.6 m)(18.9 m)(37.8 m)(56.7 m)(20.5 m)

Cash From Financing Activities

(88.5 m)(133 m)240.5 m488.3 m284.4 m102.1 m316.7 m511.5 m

Interest Paid

112.4 m135.9 m23.9 m89.6 m129.7 m39.5 m104.5 m141.7 m37.8 m

Income Taxes Paid

3.6 m4.4 m2.7 m3.9 m9.7 m1.6 m2.8 m12.9 m872 k
USDY, 2017

Revenue/Employee

2 m

Financial Leverage

4.2 x

Aircastle Market Value History

Traffic Overview of Aircastle

Aircastle Company Life and Culture

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