Quarterly ResultJul 9, 2026, 03:51 PM
Aircastle Q1 Net Income $34M; Total Revenue $236M
AI Summary
Aircastle Limited announced its first quarter 2026 financial results, reporting total revenues of $236 million and net income of $34 million. While total revenues and net income decreased year-over-year, lease rental revenue saw a 6% increase. The company also successfully raised $1 billion in new financings, enhancing its liquidity to $2.6 billion, and continued fleet management with the acquisition of 4 aircraft and sale of 5.
Key Highlights
- Reported total revenues of $236 million for the first quarter ended May 31, 2026.
- Achieved net income of $34 million for the quarter.
- Lease rental revenue increased by 6% compared to the first quarter of 2025.
- Adjusted EBITDA stood at $208 million for the quarter.
- Acquired 4 aircraft for $117 million and sold 5 aircraft for $114 million, generating $11 million in gains.
- Raised $1 billion in new financings, including $650 million in unsecured senior notes and a $375 million unsecured term loan.
- Total liquidity reached $2.6 billion as of July 1, 2026.
Price Impact
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