secwatch.observer — SEC 8-K summary
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Issuer:     Aircastle LTD (AYR)
CIK:        0001362988
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0001628280-24-042652
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aircastle Q2 net income $29M, total revenues $217M; fleet utilization >99%
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- Net income of $29M; Adjusted EBITDA of $199M for three months ended August 31, 2024.
- Lease rental and direct financing revenue up 8% year-over-year; sold 10 aircraft for $304M with $35M gains.
- Acquired 4 aircraft for $120M; issued $500M 5.75% unsecured senior notes due 2031.
- Fleet utilization 99.2%; owned 244 aircraft with $7.1B net book value; unencumbered assets $6.0B.
- Total liquidity $3.1B as of Oct 1, 2024; net debt-to-equity 1.9x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362988/000162828024042652/0001628280-24-042652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362988/000162828024042652/ayr-20241010.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-042652

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