Sarah Clarkin
Effective as of March 1, 2025, Sarah Clarkin will be appointed as the Company’s Chief Legal Officer.
Highest-materiality recent filing
Aircastle reports Q1 net income $34M, revenue $236M; raises $1B in new financings
Total revenues $236M, net income $34M; lease rental revenue up 6% YoY.
Aircastle enters $375M unsecured term loan facility with option to increase to $425M
Five-year term loan of $375M with option to increase to $425M during first six months.
Aircastle issues $650M of 5.000% Senior Notes due 2031 for general corporate purposes
Principal amount $650M, coupon 5.000%, maturity May 15, 2031.
Aircastle Q4 net income $57M, revenue up 22% YoY; FY net income up 57% to $194M
Q4 net income $57M on total revenue $251M; Adjusted EBITDA $230M.
Aircastle FY 2025 net income $194M (+57% YoY); Q4 rev $251M (+22%); 46 aircraft acquired
Net income for FY 2025 (ended Feb 28, 2026) was $194M, up 57% from $124M in FY 2024; Q4 net income $57M on rev $251M (+22%).
Aircastle announces board changes: Chairman Sakakida resigns; Ogasawara appointed Chairman
Takayuki Sakakida resigned as Director and Chairman effective April 16, 2026; also left committee roles.
Aircastle appoints Yasuhiko Hashimoto to board; Keiji Okuno resigns
Keiji Okuno resigned as Board member and from Audit & Investment committees, effective April 1, 2026.
Aircastle Q3 2025 net income $31M, revenues $236M; lease rental revenue up 22% YoY
Total revenues $236M, net income $31M; lease rental revenue increased 22% vs Q3 2024.
Aircastle Q2 2025: Revenue $228M, Net Income $57M; Acquires 11 aircraft for $503M
Total revenues $228M, net income $57M; lease rental revenue up 17% YoY.
Aircastle issues $650M of 5.000% Senior Notes due 2030
$650 million aggregate principal amount of 5.000% senior notes due September 15, 2030.
Aircastle Q1 net income $49M; acquires 12 aircraft for $465M; unsecured debt issuance $600M
Total revenues $260M, net income $49M; rental revenue up 13% YoY; Adj. EBITDA $232M.
Aircastle enters $600M unsecured term loan with MUFG and Sumitomo Mitsui Trust Bank
$600M unsecured term loan, five-year maturity; option to increase to $700M within first year.
Aircastle Q4 net income $61M vs $29M YoY; full-year net income up 48% to $124M
Total Q4 revenues $206M; Adjusted EBITDA $222M; acquired 29 aircraft for $1.0B (68% new tech).
Aircastle prices $500M 5.250% Senior Notes due 2030 at 99.171%, closes Jan 31
$500M aggregate principal of 5.250% Senior Notes due 2030 issued at 99.171% of par.
Aircastle Q3 revenues $194M, net income $18M; Moody's outlook positive
Total revenues $194M, net income $18M; adjusted EBITDA $182M for Q3 ended Nov 30, 2024.
Aircastle CLO Christopher Beers to retire Feb 2025; Sarah Clarkin promoted as successor
CLO Christopher Beers to retire on Feb 28, 2025; he has served in role since 2014.
Aircastle Q2 net income $29M, total revenues $217M; fleet utilization >99%
Net income of $29M; Adjusted EBITDA of $199M for three months ended August 31, 2024.
Aircastle issues $500M 5.750% Senior Notes due 2031 for general corporate purposes
$500M aggregate principal of 5.750% Senior Notes due 2031 issued at 99.640% of par.
Aircastle Q1 revenue $205M, net income $16M; S&P outlook revised to Positive
Total revenues $205M, net income $16M; Adjusted EBITDA $186M.
Aircastle board changes: Taro Kawabe resigns, Takashi Tsunoda appointed
Taro Kawabe resigned from Aircastle's board effective June 7, 2024.
Aircastle announces board resignation and appointment; Naoshi Hirose joins board
Kosuke Takechi resigned from the Aircastle Board effective April 8, 2024.
Aircastle expands revolving credit capacity to $2.1B, extends maturities to 2027-2028
Aggregate revolving credit capacity increased to $2.1B across four facilities with 35 lenders.
Aircastle issues $650M of 5.950% Senior Notes due 2029
$650M principal at 99.391% issue price; 5.950% semi-annual interest.
Aircastle Q2 2023: Revenue $168M, net income $6M; receives $200M equity tranche, issues $650M notes
Total revenues $168M, net income $6M; Adjusted EBITDA $152M.
Aircastle Limited announces board changes: Kurihara resigns as director, Takechi appointed
Takashi Kurihara resigned as director effective October 5, 2023; remains Chairman and on Compensation, Risk & Governance, Audit, and Investment Committees.
Aircastle issues $650M of 6.500% Senior Notes due 2028
$650M aggregate principal of 6.500% Senior Notes due 2028; issued at 99.815% of par.
Aircastle enters subscription agreement for pro rata equity raise of up to $500M
Agreement with existing shareholders MM Air Ltd. and Marubeni Aviation Holdings Coöperatief U.A.
Aircastle reports Q4 net income $14M vs year-ago loss; FY acquisitions $914M
Net income of $14M in Q4 vs $216M net loss in Q4 2021; total revenues $189M.
Aircastle appoints Paul O'Callaghan as COO, effective March 1, 2023
Paul O'Callaghan, currently EVP of Portfolio Management since May 2014, promoted to COO.
Aircastle reports Q3 net income $50M, revenues $258M; acquired 7 aircraft for $298M
Total revenues $258M, net income $50M, adjusted EBITDA $240M.
Aircastle Q2 net loss $9M on $174M revenue; sells three wide-bodies for $53M gain
Q2 total revenues $174M; Adjusted EBITDA $159M; Net loss $9M.
Aircastle director Noriyuki Yukawa resigns; Keiji Okuno appointed to Board
Noriyuki Yukawa resigned from Board and Audit/Investment Committees effective Sept 26, 2022.
Aircastle expands unsecured revolver to $1B with $100M new BMO commitment
Revolving credit facility increased to $1 billion from $900 million via $100M commitment from BMO Harris Bank.
Aircastle appoints Roy Chandran as CFO effective September 1, 2022
Roy Chandran named permanent CFO after serving as Interim CFO since July 28, 2022, following Aaron Dahlke's resignation.
Aircastle CFO Aaron Dahlke resigns effective Sept 1; Roy Chandran named interim CFO
Aaron Dahlke resigns as CFO effective Sept 1, 2022, to become CFO at Azusa Pacific University.
Aircastle to cease leasing to Russian airlines due to sanctions; 6% of fleet at risk
EU, US, others imposed sanctions after Russia's Feb 24, 2022 invasion of Ukraine, including aircraft supply bans.
Aircastle Q3 2021: Net loss $62M, lease revenue up 13% QoQ, impairments $69M
Total revenues $191M, net loss $62M (includes $45M non-cash impairment charges).
Aircastle Q2 2021: Revenue $157.7M, net income $9.8M, issues $400M preference shares
Total revenues $157.7M, net income $9.8M; adjusted EBITDA $197.5M for Q2 ended Aug 31, 2021.
Aircastle redeems all $500M 5.50% Senior Notes due 2022, total payment $525.9M
Redeemed $500M aggregate principal of 5.50% Senior Notes due 2022 on July 30, 2021.
Aircastle promotes Dane Silverman to CAO; Jim Connelly to lead ESG; Frank Constantinople to retire
Dane Silverman appointed Chief Accounting Officer, succeeding Jim Connelly.
Aircastle Q1 net loss $9.8M; revenue $165.8M; prices $400M preferred at 5.25%
Net loss of $9.8 million for quarter ended May 31, 2021; total revenues $165.8 million.
Effective as of March 1, 2025, Sarah Clarkin will be appointed as the Company’s Chief Legal Officer.
On October 22, 2024, Aircastle Limited (the “Company”) issued a press release announcing that Christopher L. Beers, the Company’s Chief Legal Officer, intends to retire on February 28, 2025 (the “Retirement Date”).
Effective June 7, 2024, Takashi Tsunoda has become a member of the Board of the Company.
Effective June 7, 2024, Taro Kawabe resigned as a member of the Board of Directors (the “Board”) of Aircastle Limited (the “Company”).
Effective April 8, 2024, Naoshi Hirose has become a member of the Board of the Company.
Effective April 8, 2024, Kosuke Takechi resigned as a member of the Board of Directors (the “Board”) of Aircastle Limited (the “Company”).
Effective October 5, 2023, Kosuke Takechi has become a member of the Board of the Company.
Effective October 5, 2023, Takashi Kurihara resigned as a member of the Board of Directors (the "Board") of Aircastle Limited (the "Company").
On January 15, 2023, Aircastle Limited announced the appointment of Paul O'Callaghan as Chief Operations Officer effective March 1, 2023
Effective September 26, 2022, Keiji Okuno has become a member of the Board as well as the Audit and Investment Committees.
Effective September 26, 2022, Noriyuki Yukawa resigned as a member of the Board of Directors (the "Board") of Aircastle Limited (the "Company").
On August 24, 2022, Aircastle Limited announced the appointment of Roy Chandran as Chief Financial Officer as of September 1, 2022, as described in the press release attached hereto as Exhibit 99.1, which is incorporated by reference.
Max materiality 0.75 · Median 0.55 · Most common event earnings