Aircastle Reports $283 Million Revenue and $69 Million Q2 Net Income

Aircastle (AYR) reported total revenue of $283.0 million and net income of $69.3 million for the three months ended August 31, 2026. Total revenue increased from $227.5 million in the prior-year period, while net income rose from $57.2 million.

The aircraft lessor acquired five aircraft for $269 million and sold 11 aircraft and other flight equipment for $243 million in proceeds during the quarter.

• Total lease revenue was $243.1 million, compared with $203.5 million a year earlier.
• Gain on sale or disposition of flight equipment was $38.2 million, compared with $23.9 million in the prior-year quarter.
• Adjusted EBITDA was $247.5 million, compared with $262.4 million a year earlier.
• Aircastle owned 263 aircraft and other flight equipment with an $8.3 billion net book value as of August 31, 2026.
• Total liquidity was $2.8 billion as of October 1, 2026, including $2.0 billion of undrawn facilities.
• The company redeemed all 400 outstanding Series A Preference Shares and reported that 98% of total debt was unsecured as of August 31.