Icelandair has agreed to lease six Airbus A320neo aircraft from Aircastle, further advancing its fleet renewal programme. The Pratt & Whitney-powered aircraft, built between 2018 and 2020, are scheduled to enter service before summer 2028. The agreement follows the airline’s recently announced lease of four A320neos from AviLease, due to join the fleet in spring […]
Icelandair expands A320neo fleet with Aircastle deal Read More »
K2 Aviation has completed the acquisition of two Boeing 737-800 Boeing converted freighters (BCFs) from Aircastle, marking the entry into the dedicated freighter aircraft sector. The aircraft are currently leased to ASL Airlines and operated by ASL Airlines Belgium and ASL Airlines France. The transaction also establishes a new customer relationship for K2 Aviation, further
K2 Aviation expands portfolio with two Boeing 737-800 freighters Read More »
Aircastle has announced the appointment of David Odlum as Chief Risk Officer, effective December 1. Odlum will oversee all risk management activities within the company and will be a key member of the leadership team. Based at Aircastle’s Dublin office, he will report directly to CEO Michael Inglese. Odlum joins Aircastle from SMBC Aviation Capital,
Aircastle appoints David Odlum as Chief Risk Officer Read More »
Aircastle Limited reported first quarter total revenues of $135.0 million and net income of $31.6 million. Income from continuing operations for the first quarter was also $31.6 million and included expenses of approximately $3.3 million comprised of $3.0 million of charges related to the termination and ineffective portion of certain interest rate hedge agreements and
Aircastle reports first quarter net income of $31.6 million Read More »
Aircastle Limited announced that a subsidiary company entered into a senior secured credit agreement with JPMorgan Chase Bank, N.A. and Calyon New York Branch. This new credit facility provides for loans in an aggregate amount of up to $300 million to finance certain specified aircraft owned or to be acquired by affiliates of Aircastle.
Aircastle announces $300 million senior secured credit agreement Read More »
