---
schema_version: "secwatch.filing_event.v1"
accession: "0001362988-21-000029"
form_type: "8-K"
ticker: "AYR"
cik: "0001362988"
company_name: "Aircastle LTD"
filed_at: "2021-07-15T23:59:59+00:00"
generated_at: "2026-06-30T05:03:02.419317+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aircastle Q1 net loss $9.8M; revenue $165.8M; prices $400M preferred at 5.25%

## Summary
- Net loss of $9.8 million for quarter ended May 31, 2021; total revenues $165.8 million.
- Adjusted EBITDA $148.3 million; gain on sale of flight equipment $9.0 million.
- Successfully priced $400 million preferred shares at 5.25% coupon; upsized from $300M due to demand.
- Moody's upgraded outlook to Stable; total liquidity $2.9 billion as of July 1, 2021.
- Deferral arrangements with 22 airlines totaling $112 million; collections 89% of lease revenues.

## SEC filing metadata
- accession: 0001362988-21-000029
- form_type: 8-K
- ticker: AYR
- cik: 0001362988
- company_name: Aircastle LTD
- filed_at: 2021-07-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362988/000136298821000029/0001362988-21-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362988/000136298821000029/ayr-20210715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001362988-21-000029
- JSON: https://secwatch.observer/filing/0001362988-21-000029.json
- Plain text: https://secwatch.observer/filing/0001362988-21-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.