secwatch.observer — SEC 8-K summary
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Issuer:     Aircastle LTD (AYR)
CIK:        0001362988
Form:       8-K
Filed at:   2026-10-14T18:38:17+00:00
Accession:  0001628280-26-065855
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1362988/000162828026065855/0001628280-26-065855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1362988/000162828026065855/ayr-20261014.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-065855

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