AIRCASTLE had $5.8m net income on $9192m revenues in 3Q20 vs $43.3m on $237m in 3Q19, and ended quarter with $2.1b in liquidity. It has 262 aircraft (226 unencumbered), but has deals in place to sell 21 narrowbodies as they come off lease.
AIRCASTLE is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.