aircastle

K2 Aviation has closed the acquisition of two Boeing 737-800 BCF’s with Aircastle

K2 Aviation expands portfolio with two Boeing 737-800 freighters

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 […]

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Aircastle reports first quarter net income of $31.6 million

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

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Aircastle announces $300 million senior secured credit agreement

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.

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