secwatch.observer — SEC 8-K summary
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Issuer:     Aircastle LTD (AYR)
CIK:        0001362988
Form:       8-K
Filed at:   2026-07-09T19:40:39+00:00
Accession:  0001628280-26-047770
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aircastle reports Q1 net income $34M, revenue $236M; raises $1B in new financings
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- Total revenues $236M, net income $34M; lease rental revenue up 6% YoY.
- Adjusted EBITDA $208M; acquired 4 aircraft for $117M, sold 5 for $114M with $11M gains.
- Raised $1B: $650M unsecured notes at 5.000% and $375M unsecured term loan (expandable to $425M).
- Fleet utilization 97.9% (down from 99.5% YoY); 270 unencumbered aircraft with NBV $8.3B.
- Total liquidity $2.6B; 98% of debt unsecured; adjusted net debt-to-equity 2.2x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362988/000162828026047770/0001628280-26-047770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362988/000162828026047770/ayr-20260709.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-047770

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