Aircastle Reports Q2 Fiscal Year 2026 Financial Results
Aircastle Limited reported financial results for the second quarter of fiscal year 2026, ending August 31. The company generated total revenues of $283 million and net income of $69 million during the period. Adjusted EBITDA was recorded at $247 million. Aircaste acquired five aircraft totaling $269 million while selling eleven for proceeds of $243 million, resulting in gains on sales amounting to $38 million. As of August 31, new technology aircraft accounted for 54% of the fleet's net book value. The company also redeemed all outstanding Series A Preference Shares and reported that 98% of its total debt is unsecured as of the same date. With an adjusted net debt-to-equity ratio of 2.4 times, Aircastle maintains a strong liquidity position with $2.8 billion in total liquidity through October 1, 2027. The CEO highlighted continued support for lease rates and asset values due to robust travel demand and limited aircraft supply. The company remains focused on profitability-driven capital deployment strategies as it moves into the second half of its fiscal year.
Topics: adjusted EBITDA aircraft acquisitions liquidity net income revenues