---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-065855"
form_type: "8-K"
ticker: "AYR"
cik: "0001362988"
company_name: "Aircastle LTD"
filed_at: "2026-10-14T18:38:17+00:00"
generated_at: "2026-10-14T18:39:04.882615+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Aircastle Q2 FY2026: revenue $283M, net income $69M; $38M gains on sale of 11 aircraft

## Summary
- Q2 FY2026 (quarter ended Aug 31, 2026): total revenues of $283M, net income of $69M, adjusted EBITDA of $247M.
- Acquired 5 aircraft for $269M, including 3 Airbus A321neo and 1 Boeing 737MAX8; sold 11 aircraft for $243M proceeds and $38M gains.
- New-technology aircraft were 54% of fleet net book value; CEO Mike Inglese cited $386M of year-to-date aircraft investment.
- Fleet utilization fell to 97.4% from 99.7% YoY; owned aircraft 263 (NBV $8.3B) vs 270 ($8.47B); lessees 67 vs 75.
- Redeemed all 400 Series A Preference Shares; 98% of debt unsecured; adjusted net debt-to-equity 2.4x; liquidity $2.8B as of Oct 1.

## SEC filing metadata
- accession: 0001628280-26-065855
- form_type: 8-K
- ticker: AYR
- cik: 0001362988
- company_name: Aircastle LTD
- filed_at: 2026-10-14T18:38:17+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362988/000162828026065855/0001628280-26-065855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362988/000162828026065855/ayr-20261014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-065855
- JSON: https://secwatch.observer/filing/0001628280-26-065855.json
- Plain text: https://secwatch.observer/filing/0001628280-26-065855.txt

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