Last $17.81 USD
Change Today -0.06 / -0.34%
Volume 197.5K
AYR On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

aircastle ltd (AYR) Snapshot

Open
$17.88
Previous Close
$17.87
Day High
$17.97
Day Low
$17.74
52 Week High
02/25/14 - $21.35
52 Week Low
05/20/14 - $16.14
Market Cap
1.4B
Average Volume 10 Days
214.1K
EPS TTM
$1.20
Shares Outstanding
81.0M
EX-Date
08/27/14
P/E TM
14.8x
Dividend
$0.80
Dividend Yield
4.49%
Current Stock Chart for AIRCASTLE LTD (AYR)

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aircastle ltd (AYR) Details

Aircastle Limited acquires, leases, and sells commercial jet aircraft to airlines worldwide. The company also makes investments in various aviation assets, including debt investments secured by commercial jet aircraft. As of December 31, 2013, its aircraft portfolio comprised 162 aircraft that were leased to 64 customers located in 37 countries. Aircastle Limited was founded in 2004 and is based in Stamford, Connecticut.

96 Employees
Last Reported Date: 02/26/14
Founded in 2004

aircastle ltd (AYR) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $1.2M
Chief Financial Officer
Total Annual Compensation: $1.0M
Chief Commercial Officer
Total Annual Compensation: $876.8K
Chief Accounting Officer
Total Annual Compensation: $434.0K
Executive Vice President of Technical
Total Annual Compensation: $489.9K
Compensation as of Fiscal Year 2013.

aircastle ltd (AYR) Key Developments

Aircastle LTD Presents at 7th Annual Global Transportation & Aerospace/Defense Conference, Sep-04-2014 11:20 AM

Aircastle LTD Presents at 7th Annual Global Transportation & Aerospace/Defense Conference, Sep-04-2014 11:20 AM. Venue: The Boston Harbor Hotel, Boston, Massachusetts, United States. Speakers: Michael J. Inglese, Chief Financial Officer.

Aircastle Limited Declares Third Quarter 2014 Cash Dividend, Payable on September 12, 2014; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Impairment for the Second Quarter Ended June 30, 2014

Aircastle Limited’s Board of Directors declared a third quarter 2014 cash dividend on its common shares of USD 0.20 per share, payable on September 12, 2014 to shareholders of record on August 29, 2014. The company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of USD 226.146 million compared to USD 170.378 million a year ago. Income from continuing operations before income taxes was USD 9.173 million compared to USD 36.586 million a year ago. Net income was USD 3.136 million compared to USD 32.854 million a year ago. Basic and diluted earnings per common share was USD 0.04 compared to USD 0.48 a year ago. EBITDA was USD 145.558 million compared to USD 184.030 million a year ago. Adjusted EBITDA was USD 211.662 million compared to USD 183.426 million a year ago. Adjusted net income was USD 47,692 million compared to USD 46.040 million a year ago. Adjusted net income allocable to common shares was USD 47.313 million or USD 0.59 per basic and diluted share compared to USD 45.615 million or USD 0.67 per basic and diluted share a year ago. The second quarter results included lease rental and finance lease revenues of USD 187.1 million versus USD 162.0 million in the second quarter of 2013. Total revenues for the second quarter increased USD 55.8 million, or 33% above the previous year, reflecting higher operating and finance lease revenue of USD 25.1 million, and higher maintenance revenues of USD 23.0 million and lower amortization of net lease discounts and incentives in the quarter, both of which were driven by several end of lease sales. Operating and finance lease revenues were USD 187.1 million, up USD 25.1 million, or 15% year over year, due primarily to the impact of aircraft acquisitions of USD 51.2 million, partially offset by lower revenues due to aircraft dispositions of USD 20.3 million and from the effect of lease extensions, transitions and terminations totaling USD 5.6 million. The increase in adjusted EBITDA was primarily driven by higher lease rental and finance lease revenue of USD 25.1 million and higher maintenance revenue of USD 23.0 million, partially offset by lower net gain on the sale of flight equipment of USD 20.4 million. The decrease in net income was primarily due to bond redemption expenses of USD 36.6 million associated with refinancing USD 450 million of 9.75% senior unsecured notes due in 2018. Cash flow from operations was USD 214 million. For the six months, the company reported total revenues of USD 402.749 million compared to USD 346.567 million a year ago. Income from continuing operations before income taxes was USD 15.383 million compared to USD 63.234 million a year ago. Net income was USD 8.913 million compared to USD 55.918 million a year ago. Basic and diluted earnings per common share was USD 0.11 compared to USD 0.82 a year ago. Net cash provided by operating activities was USD 214.005 million compared to USD 193.439 million a year ago. Acquisition and improvement of flight equipment and lease incentives was USD 834.467 million compared to USD 31.067 million a year ago. EBITDA was USD 296.999 million compared to USD 346.811 million a year ago. Adjusted EBITDA was USD 381.675 million compared to USD 352.002 million a year ago. Adjusted net income was USD 60.952 million compared to USD 73.452 million a year ago. Adjusted net income allocable to common shares was USD 60.521 million or USD 0.75 per basic and diluted share compared to USD 72.906 million or USD 1.07 per basic and diluted share a year ago. ROE for the last 12 months is approximately 11.3%. The company reported impairment of aircraft of USD 28,306,000 for the second quarter ended June 30, 2013.

Aircastle Announces Resignation of David Walton as Chief Operating Officer, General Counsel and Secretary

Aircastle Limited announced the resignation of David Walton. Mr. Walton served as Chief Operating Officer, General Counsel and Secretary of Aircastle Limited. Mr. Walton will remain in his current roles until a smooth transition is complete.

 

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AYR

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Price/Earnings NM Not Meaningful
Price/Sales 1.9x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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