Company: AYR
Filing Date: 2025-10-09
Form Type: 10-Q
Source: 0001628280-25-044676
Chunk: 75

Company: Aircastle LTD
Filing Date: 2025-10-09
Form: 10-Q
Item: Part I, Item 8
Chunk 75
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 deem attractive.

See “Liquidity and Capital Resources” below.

24

AIRCASTLE AIRCRAFT INFORMATION

The following table sets forth certain information with respect to our owned aircraft and aircraft managed by us on behalf of our joint venture as of August 31, 2025 and 2024:

As of August 31,20252024Owned Aircraft(Dollars in millions)Net Book Value of Flight Equipment$8,470 $7,077 Net Book Value of Unencumbered Flight Equipment$8,351 $6,043 Number of Aircraft270 244 Number of Unencumbered Aircraft266 214 Number of Lessees75 77 Number of Countries46 46 Weighted Average Age (years)(1)8.6 9.7 Weighted Average Remaining Lease Term (years)(1)5.7 5.3 Weighted Average Fleet Utilization during the Second Quarter(2)99.7 %99.2 %Weighted Average Fleet Utilization during the six months ended August 31, 2025, and 2024(2)99.6 %99.1 %Portfolio Yield for the Second Quarter(3)9.4 %9.4 %Portfolio Yield for the six months ended August 31, 2025, and 2024(3)9.6 %9.4 %Managed Aircraft on behalf of Joint VentureNet Book Value of Flight Equipment$238 $265 Number of Aircraft8 9 

(1)Weighted by Net Book Value.

(2)Aircraft on-lease days as a percentage of total days in period weighted by Net Book Value.

(3)Lease rental revenue, interest income and cash collections on our net investment in leases for the period as a percentage of the average Net Book Value for the period; quarterly information is annualized.

25

PORTFOLIO DIVERSIFICATION

 Owned Aircraft as ofAugust 31, 2025Owned Aircraft as ofAugust 31, 2024 Number ofAircraft% of NetBook ValueNumber ofAircraft% of NetBook ValueAircraft TypePassenger:Narrow-body - new technology(1)91 50 %61 37 %Narrow-body - current technology160 42 %162 51 %Wide-body - current technology14