secwatch.observer — SEC 8-K summary
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Issuer:     Aircastle LTD (AYR)
CIK:        0001362988
Form:       8-K
Filed at:   2025-10-09T23:59:59+00:00
Accession:  0001628280-25-044678
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aircastle Q2 2025: Revenue $228M, Net Income $57M; Acquires 11 aircraft for $503M
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- Total revenues $228M, net income $57M; lease rental revenue up 17% YoY.
- Acquired 11 new-technology aircraft for $503M; sold 4 older aircraft for net proceeds $73M with $24M gains.
- S&P upgraded to BBB, Moody's to Baa2; issued $650M unsecured notes at 5.000%.
- Adjusted EBITDA $262M; adjusted net debt-to-equity 2.2x; total liquidity $2.5B.
- Fleet utilization 99.7%; owned 270 aircraft with net book value $8.5B as of Aug 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362988/000162828025044678/0001628280-25-044678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362988/000162828025044678/ayr-20251009.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-044678

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