---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034298"
form_type: "8-K"
ticker: "AYR"
cik: "0001362988"
company_name: "Aircastle LTD"
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T00:36:12.067058+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aircastle Q2 2023: Revenue $168M, net income $6M; receives $200M equity tranche, issues $650M notes

## Summary
- Total revenues $168M, net income $6M; Adjusted EBITDA $152M.
- Received $200M of $500M equity commitment; remaining $300M expected Q1 2024.
- Issued $650M 6.50% unsecured senior notes; expanded credit facilities by $130M to $1.9B.
- Acquired 1 Embraer E2, sold 6 older aircraft for $4M gain; fleet utilization 98.3%.
- Total liquidity $2.8B; net debt-to-equity 2.3x; 239 owned aircraft.

## SEC filing metadata
- accession: 0001628280-23-034298
- form_type: 8-K
- ticker: AYR
- cik: 0001362988
- company_name: Aircastle LTD
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1362988/000162828023034298/0001628280-23-034298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362988/000162828023034298/ayr-20231011.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034298
- JSON: https://secwatch.observer/filing/0001628280-23-034298.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034298.txt

## Key facts
- Earnings Releases
  Aircastle LTD reported second quarter ended August 31, 2023 results: revenue $168 million, net income $6 million.
  - Period: second quarter ended August 31, 2023
  - Revenue: $168 million
  - Net income: $6 million
  - Result: reported results
  source text: Tel: +1-203-504-1871 jconnelly@aircastle.com Aircastle Announces Second Quarter 2023 Results Highlights for the Three Months Ended August 31, 2023 • Total revenues of $168 million and net income of $6 million • Adjusted EBITDA(1) of $152 million • Acquired 1 Embraer E2 aircraft; total number of new technology aircraft increased 61% compared to second
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362988/000162828023034298/0001628280-23-034298-index.htm

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