Ownership Change Triggers Aircastle Q1 Net Loss

Credit: Aircastle
U.S.-based lessor Aircastle has posed a $34.2 million 2020 first quarter (Q1) net loss, driven by $34.8 million in costs related to its acquisition by Japanese investor Marubeni Corp. and Mizuho Leasing, which closed in March. Under plans announced in November 2019, Marubeni increased its standalone...

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