secwatch.observer — SEC 8-K summary
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Issuer:     Aircastle LTD (AYR)
CIK:        0001362988
Form:       8-K
Filed at:   2022-01-14T23:59:59+00:00
Accession:  0001362988-22-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aircastle Q3 2021: Net loss $62M, lease revenue up 13% QoQ, impairments $69M
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- Total revenues $191M, net loss $62M (includes $45M non-cash impairment charges).
- Lease rental revenue $156M (+13% vs Q2 2021); cash collections 100% of lease rental.
- Adjusted EBITDA $174M; cash flow from operations up 118% for nine months vs 2020.
- Acquired four aircraft (A320neo, B737-MAX8, two E2) in quarter; 12 YTD.
- As of Jan 7, 2022, total deferrals $87M; 6 customers in insolvency (21 aircraft, 13% NBV).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362988/000136298822000007/0001362988-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362988/000136298822000007/ayr-20220113.htm
  HTML page:      https://secwatch.observer/filing/0001362988-22-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer