Welcome to our dedicated page for Aircastle news (Ticker: AYR), a resource for investors and traders seeking the latest updates and insights on Aircastle stock.
Aircastle Limited (NYSE: AYR) maintains a leading position in global aircraft leasing, serving airlines across 44 countries with a portfolio of 248 commercial jets. This dedicated news hub provides stakeholders with essential updates on corporate developments, financial performance, and industry partnerships.
Investors and aviation professionals will find comprehensive coverage of quarterly earnings reports, fleet acquisition strategies, and operational milestones. The curated selection includes press releases detailing new customer agreements, aircraft portfolio enhancements, and capital management initiatives.
Key updates feature financial disclosures, strategic partnerships, and market expansion efforts that shape Aircastle's position in commercial aviation finance. Regular updates ensure timely access to material information affecting the company's valuation and industry standing.
Bookmark this page for streamlined access to Aircastle's official communications and analysis of critical developments in aircraft leasing markets. Check regularly for updates on operational strategies that maintain the company's leadership in aviation asset management.
Aircastle Limited plans to release its fourth quarter and full year financial results for the period ended February 28, 2023, on April 25, 2023, before market opens. Management will host a conference call at 9:00 A.M. Eastern Time on the same day, accessible via phone or a live webcast on their website. As of November 30, 2022, Aircastle owned and managed 250 aircraft leased to 76 customers in 46 countries, highlighting its extensive global operations in acquiring, leasing, and selling commercial aircraft.
Aircastle Limited announced the delivery of its first B737-800SF aircraft, which underwent a passenger-to-freighter conversion completed by Aeronautical Engineers, Inc. at KF Aerospace in Canada. The converted aircraft has been delivered to Compass Cargo Airlines in Goodyear, Arizona. CEO Michael Inglese expressed satisfaction with this milestone and emphasized the conversion's potential to enhance the mid-life aircraft fleet's value. Aircastle, as of November 30, 2022, managed 250 aircraft leased to 76 customers in 46 countries.
Aircastle Limited announced the retirement of Chief Technical Officer Joe Schreiner, effective February 28, 2023. Schreiner has been integral to Aircastle's growth since its founding in 2004, previously serving as Executive Vice President, Technical. CEO Mike Inglese praised his contributions, emphasizing the challenges in replacing his insight and mentorship. Aircastle operates globally, managing 252 aircraft leased to 74 customers across 45 countries as of August 31, 2022.
Aircastle Limited announced the appointment of Roy Chandran as Chief Financial Officer effective September 1, 2022. This follows the resignation of previous CFO Aaron Dahlke on July 28, 2022. Roy, who had served as Interim CFO, brings extensive capital markets experience to the role, having been the Chief Strategy Officer since March 2020 and previously worked at Citi. As of May 31, 2022, Aircastle managed 250 aircraft leased to 74 customers in 44 countries.
On May 17, 2021, Aircastle Limited announced the delivery of the second Embraer E195-E2 aircraft to KLM Cityhopper. This aircraft, equipped with Pratt & Whitney GTF engines, is part of a total of fifteen units scheduled for delivery through 2024. The delivery took place from Embraer's facility in São José dos Campos, Brazil. As of February 28, 2021, Aircastle managed 261 aircraft leased to 75 customers across 43 countries.
