secwatch.observer — SEC 8-K summary
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Issuer:     Aircastle LTD (AYR)
CIK:        0001362988
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001628280-25-001573
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aircastle Q3 revenues $194M, net income $18M; Moody's outlook positive
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- Total revenues $194M, net income $18M; adjusted EBITDA $182M for Q3 ended Nov 30, 2024.
- Acquired 8 aircraft for $259M (69% new tech); sold 8 for $145M with $20M gains; fleet utilization >99%.
- Moody's changed Outlook to Positive, citing improved fleet characteristics and strong liquidity.
- Total liquidity $2.8B as of Jan 1, 2025; adjusted net debt-to-equity 1.8x; unencumbered fleet NBV $6.1B.
- Year-to-date cash from ops up 19% vs prior year; CEO notes strong demand and constrained OEM supply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362988/000162828025001573/0001628280-25-001573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362988/000162828025001573/ayr-20250110.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-001573

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