earnings
confidence high
sentiment positive
materiality 0.70
Aircastle Q1 revenue $205M, net income $16M; S&P outlook revised to Positive
Aircastle LTD
- Total revenues $205M, net income $16M; Adjusted EBITDA $186M.
- Lease rental revenue up 14% YoY; acquired 9 aircraft for $223M.
- Fleet utilization 99%; S&P revised outlook to Positive.
- Received $300M equity from shareholders in June, completing $500M commitment.
- Total liquidity $2.6B; 212 unencumbered aircraft with NBV $6.0B.