Earnings summaries and quarterly performance for Aircastle.
Research analysts covering Aircastle.
Recent press releases and 8-K filings for AYR.
Aircastle Limited Announces Third Quarter 2025 Results
AYR
Earnings
New Projects/Investments
- Aircastle Limited announced its third quarter 2025 results (ended November 30, 2025) on January 13, 2026.
- For the three months ended November 30, 2025, the company reported total revenues of $236 million and net income of $31 million.
- Lease rental revenue increased 22% compared to the third quarter of 2024, and Adjusted EBITDA was $221 million.
- During the quarter, Aircastle acquired 9 aircraft for $355 million, bringing fiscal year-to-date aircraft acquisitions to $1.3 billion.
- The company's total liquidity stood at $2.6 billion as of October 1, 2025, and Moody's upgraded its rating to Baa2.
Jan 13, 2026, 6:43 PM
Aircastle Reports Q3 2025 Financial Results and Operational Highlights
AYR
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Aircastle Limited reported net income of $31 million on total revenues of $236 million for the third quarter of 2025, with lease rental revenue increasing 22% compared to the third quarter of 2024.
- In Q3 2025, the company acquired nine aircraft for $355 million, contributing to year-to-date acquisitions of 32 aircraft for $1.3 billion. Year-to-date, Aircastle also sold 20 aircraft, generating $369 million in proceeds and $60 million in gains.
- The fleet's net book value now consists of over 52% new technology aircraft, with a weighted average age of 8.6 years and a remaining lease term of 5.5 years.
- As of January 1st, Aircastle had $2.6 billion in total liquidity and received a ratings upgrade from Moody's to Ba2 during the third quarter.
- Management noted that aircraft demand is forecasted to outstrip supply, with an order backlog exceeding 17,000 aircraft, and anticipates slight improvements in airline revenues and record load factors for 2026.
Jan 13, 2026, 2:00 PM
Aircastle Reports Q3 2025 Financial Results and Operational Highlights
AYR
Earnings
Debt Issuance
New Projects/Investments
- Aircastle reported total revenue of $236 million and net income of $31 million for the three months ended November 30, 2025, with Adjusted EBITDA reaching $221 million for the same period.
- The company maintained a strong financial position, boasting $2.6 billion in available liquidity as of January 1, 2026, and a conservative debt profile with 98% of total debt unsecured and 99% of its fleet unencumbered as of November 30, 2025.
- Aircastle received credit rating upgrades in 2025, with S&P Global to BBB in August and Moody's to Baa2 in October.
- The company continued to expand its fleet, adding $355 million in aircraft NBV in Q3 2025 and $1.3 billion in aircraft additions year-to-date 2025, achieving 99% fleet utilization.
Jan 13, 2026, 2:00 PM
Aircastle Reports Q3 2025 Financial Results and Fleet Growth
AYR
Earnings
New Projects/Investments
Guidance Update
- Aircastle Limited reported net income of $31 million on total revenues of $236 million for the third quarter of 2025, with lease rental revenues increasing 22% compared to Q3 2024.
- The company acquired nine aircraft for $355 million in Q3 2025, bringing year-to-date acquisitions to 32 aircraft for approximately $1.3 billion, while also selling 20 aircraft year-to-date for $369 million in proceeds and $60 million in gains.
- Aircastle's fleet has a weighted average age of 8.6 years, with 52% of its net book value now comprising new technology aircraft.
- The company received a ratings upgrade from Moody's to Ba2 in the third quarter and reported total liquidity of $2.6 billion as of January 1, 2026.
- Management noted a significant supply shortfall in new aircraft, with an order backlog of 17,000 aircraft (equal to 60% of the active fleet), and expects to profitably grow in 2026.
Jan 13, 2026, 2:00 PM
Aircastle Limited provides Q3 2025 financial update
AYR
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Aircastle Limited reported net income of $31 million on total revenues of $236 million for the third quarter of 2025, with lease rental revenue increasing 22% compared to Q3 2024.
- The company acquired nine aircraft for $355 million in Q3 2025, bringing year-to-date acquisitions to 32 aircraft for approximately $1.3 billion, and sold 20 aircraft year-to-date for $369 million in proceeds.
- Aircastle's fleet now has 52% of its net book value in new technology aircraft, with a weighted average age of 8.6 years.
- As of January 1st, the company had total liquidity of $2.6 billion and received a ratings upgrade from Moody's to Baa2.
- The aviation market continues to see demand outstrip the availability of aircraft, with a backlog of over 17,000 aircraft, and airlines are forecasted for slight improvements in revenues and net margins in 2026.
Jan 13, 2026, 2:00 PM
Aircastle Announces Strong Q2 2025 Results and Credit Rating Upgrades
AYR
Earnings
Debt Issuance
New Projects/Investments
- Aircastle Limited reported Q2 2025 total revenues of $228 million and net income of $57 million, with lease rental revenue increasing 17% compared to Q2 2024.
- The company expanded its fleet by acquiring 11 aircraft for $503 million, and as of August 31, 2025, 50% of its fleet's net book value consisted of new technology aircraft, with 100% of the fleet on lease.
- Aircastle received credit rating upgrades to BBB from S&P on August 14, 2025, and Baa2 from Moody's on October 3, 2025, and successfully issued $650 million in unsecured senior notes at 5.000%.
- Total liquidity reached $2.5 billion as of October 1, 2025.
Oct 9, 2025, 6:45 PM
Aircastle Reports Q2 2026 Financial Results and Fleet Expansion
AYR
Earnings
New Projects/Investments
Debt Issuance
- Aircastle reported net income of $57 million on total revenues of $228 million for the second quarter of fiscal 2025.
- The company acquired 11 aircraft for over $500 million in Q2 2026, contributing to almost $1 billion in aircraft acquisitions halfway through the fiscal year. Approximately 50% of its fleet is new technology as of August 31, 2025.
- Aircastle recognized an additional $56 million in the second quarter from Russia-related insurance settlements, which have all been collected. The company also received rating upgrades from S&P to BBB flat and Moody's to Baa2.
- As of October 1, Aircastle had $2.5 billion in total liquidity and recycled debt by issuing $650 million unsecured senior notes at 5% while repaying $650 million of senior notes at 5.25%.
Oct 9, 2025, 1:00 PM
Aircastle Reports Q2 2026 Financial Results and Fleet Expansion
AYR
Earnings
Debt Issuance
New Projects/Investments
- Aircastle reported net income of $57 million on total revenues of $228 million for the second quarter of fiscal year 2026, with lease rental revenues increasing 17% compared to Q2 2024.
- The company acquired 11 aircraft for over $500 million in Q2 2026, contributing to almost $1 billion in acquisitions halfway through the fiscal year, and approximately 50% of its fleet is now new-technology based on net book value as of August 31, 2025.
- Aircastle received rating upgrades from S&P to BBB Flat in August and Moody's to Baa2 last week, bolstering its investment-grade rating.
- The company recognized $56 million in Russia-related insurance settlements and issued $650 million in unsecured senior notes at 5% while repaying notes at 5.25%.
- Operating costs increased 26% primarily due to impairments related to customer bankruptcies, including Spirit Airlines, which rejected five Aircastle aircraft.
Oct 9, 2025, 1:00 PM
Aircastle Reports Financial Results for the Three Months Ended August 31, 2025 and Recent Credit Rating Upgrades
AYR
Earnings
Debt Issuance
New Projects/Investments
- Aircastle reported net income of $57 million and total revenue of $228 million for the three months ended August 31, 2025.
- The company achieved 100% fleet utilization and added $503 million in aircraft Net Book Value (NBV) in the quarter ended August 31, 2025, with 84% of these additions being new technology aircraft.
- Credit ratings were upgraded by S&P to BBB in August 2025 and by Moody's to Baa2 in October 2025, citing improved fleet, consistent profitability, and strong liquidity.
- Aircastle maintains a strong liquidity position with $2.5 billion available as of October 1, 2025, and a conservative debt profile, characterized by 98% unsecured debt and 99% unencumbered aircraft and flight equipment.
- In July 2025, the company issued $650 million in unsecured senior notes at 5.00%.
Oct 9, 2025, 1:00 PM
Aircastle Reports Q2 2026 Financial Results and Rating Upgrades
AYR
Earnings
Debt Issuance
Legal Proceedings
- Aircastle reported net income of $57 million on total revenues of $228 million for Q2 2026, with lease rental revenues increasing 17% compared to Q2 2024.
- The company acquired 11 aircraft for over $500 million in Q2 2026, bringing total acquisitions to almost $1 billion for the first half of the fiscal year, and approximately 50% of its fleet is now new technology as of August 31, 2025.
- Aircastle recognized an additional $56 million from Russia-related insurance settlements in Q2 2026 and received rating upgrades from S&P to BBB Flat and Moody's to BAA2.
- The company maintains strong liquidity of $2.5 billion as of October 1, 2025, and successfully recycled $650 million in debt at a lower interest rate.
- Operating costs increased 26% in Q2 2026 due to impairments from customer bankruptcies, including Spirit Airlines, which rejected five Aircastle aircraft.
Oct 9, 2025, 1:00 PM
Quarterly earnings call transcripts for Aircastle.
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