secwatch.observer — SEC 8-K summary
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Issuer:     Aircastle LTD (AYR)
CIK:        0001362988
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001628280-25-019657
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aircastle Q4 net income $61M vs $29M YoY; full-year net income up 48% to $124M
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- Total Q4 revenues $206M; Adjusted EBITDA $222M; acquired 29 aircraft for $1.0B (68% new tech).
- Full-year net income $124M vs $83M in fiscal 2023; operating cash flow up 25%.
- Russia-related settlement proceeds of $50M recorded in other income during Q4.
- Issued $500M unsecured senior notes at 5.25% (108bps spread); $300M equity tranche received.
- Fleet of 265 owned aircraft ($7.9B NBV); unencumbered NBV $7.1B; weighted utilization 99.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362988/000162828025019657/0001628280-25-019657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362988/000162828025019657/ayr-20250423.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-019657

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