Aircastle expects to part-out half of the 16 aircraft with lease expirations scheduled this year. The planned retirements include at least one mid-aged Airbus A319 and many Boeing 767-300ERs. High engine values are the driving factor behind the decision to sell the parts instead of re-leasing or selling the jets, Aircastle executives said May 2 during the company’s first-quarter earnings conference call. “We have a team now to position us to benefit from the strength in engine ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Aircastle Plans Eight Part-Outs".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.