---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-001935"
form_type: "8-K"
ticker: "AYR"
cik: "0001362988"
company_name: "Aircastle LTD"
filed_at: "2026-01-13T23:59:59+00:00"
generated_at: "2026-05-16T10:38:25.372971+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Aircastle Q3 2025 net income $31M, revenues $236M; lease rental revenue up 22% YoY

## Summary
- Total revenues $236M, net income $31M; lease rental revenue increased 22% vs Q3 2024.
- Adjusted EBITDA $221M; acquired 9 aircraft for $355M in Q3, year-to-date acquisitions $1.3B.
- Moody's upgraded credit rating to Baa2; adjusted net debt-to-equity 2.2x, total liquidity $2.6B.
- Owned fleet grew to 273 aircraft (244 a year ago); unencumbered aircraft 269 with net book value $8.5B.
- New technology aircraft comprised 52% of fleet net book value; fleet utilization 99.2%.

## SEC filing metadata
- accession: 0001628280-26-001935
- form_type: 8-K
- ticker: AYR
- cik: 0001362988
- company_name: Aircastle LTD
- filed_at: 2026-01-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362988/000162828026001935/0001628280-26-001935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362988/000162828026001935/ayr-20260113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-001935
- JSON: https://secwatch.observer/filing/0001628280-26-001935.json
- Plain text: https://secwatch.observer/filing/0001628280-26-001935.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.