Company: AYR
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001628280-25-019189
Chunk: 93

Company: Aircastle LTD
Filing Date: 2025-04-23
Form: 10-K
Item: Item 1A
Chunk 93
---
 or other difficulties;

•geopolitical events, including war, prolonged armed conflict and acts of terrorism;

•governmental regulation, tariffs and other restrictions, such as sanctions, on trade or the leasing of aircraft;

•climate change initiatives, technological change, aircraft noise and emissions regulations, aircraft age limits and other factors leading to reduced demand for, early retirement or obsolescence of aircraft models;

•outbreaks of communicable diseases and natural disasters;

•reintroduction into service of aircraft previously grounded or in storage; and

•airport and air traffic control infrastructure constraints.

These and other factors may produce movements in aircraft values and lease rates, which would impact our cost of acquiring aircraft, or which may result in lease defaults or prevent aircraft from being re-leased or sold on favorable terms.

Other factors that could cause a decline in aircraft value and lease rates.

In addition to factors linked to the aviation industry generally, other factors that may affect the value and lease rates of our aircraft include:

•the age of the aircraft;

•the particular maintenance and operating history of the airframe and engines;

•the number of operators using that type of aircraft;

•whether the aircraft is subject to a lease and, if so, whether the lease terms are favorable to the lessor;

•the demand for and availability of such aircraft;

•applicable airworthiness directives or manufacturer’s service bulletins that have not yet been performed;

•grounding orders or other regulatory action that could prevent or limit utilization of our aircraft;

•regulatory and legal requirements that must be satisfied before the aircraft can be purchased, sold or re-leased; and

•compatibility of our aircraft configurations or specifications with those desired by operators and financiers.

Any decrease in the values of and lease rates for commercial aircraft which may result from the above factors or other unanticipated factors may have a material adverse effect on our financial results.

Climate change may have a long-term impact on our business.

There are inherent climate-related risks wherever our business is conducted. Changes in market dynamics, stakeholder and financier expectations, and local, national and international climate change policies, all have the potential to disrupt our business and operations. Various countries, including the United States and countries in the European Union (“E.U.”), have announced sustainability initiatives that, among other things, aim to reduce carbon emissions, explore sustainable aviation fuels and establish sustainability measures and targets. Developing climate and environmental regulations may impact the types of aircraft we target for investment and the demand for certain aircraft and engine types, and could result