Aircastle is more than halfway to its target of investing $850 million in aircraft acquisitions this year when letters of intent are included in the total, the leaders of the Stamford, Conn.-based lessor say. The company is counting $279 million for closings or commitments in 2013 and early 2014 in its total, which suggests another $150 million attributable to the letters of intent. Remarks made by CEO Ron Wainshal and other Aircastle executives at an investor conference last week ...
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