AIRCASTLE

AIRCASTLE posted net loss of $9.8m in 2Q21 (vs $26.5m loss in 2Q20) on 34% lower revenues; it owns 250 aircraft. It says through July 9 it has agreed to rent deferral arrangements with 22 airlines (29% of its customer base) totaling about $112m.

Subscription Required

 

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.