Company: AYR
Filing Date: 2025-10-09
Form Type: 10-Q
Source: 0001628280-25-044676
Chunk: 76

Company: Aircastle LTD
Filing Date: 2025-10-09
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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7 %14 9 %Total Passenger265 99 %237 97 %Freighter - current technology5 1 %7 3 %Total270 100 %244 100 %ManufacturerAirbus175 64 %160 67 %Boeing74 29 %65 25 %Embraer21 7 %19 8 %Total270 100 %244 100 %Regional DiversificationAsia and Pacific67 26 %63 28 %Europe85 25 %91 31 %Middle East and Africa14 6 %10 5 %North America73 33 %49 23 %South America31 10 %29 12 %Off-lease— — %2 1 %Total270 100 %244100 %

(1)    Includes Airbus A320-200neo and A321-200neo, Boeing 737-MAX8, 737-MAX9, and Embraer E2 aircraft.

26

The top ten customers for our owned aircraft at August 31, 2025, were as follows:

CustomerCountryPercent of Net Book ValueNumber ofAircraftIndiGoIndia10.5%18 UnitedUnited States7.8%13 Frontier AirlinesUnited States5.0%8 KLMNetherlands4.9%13 American AirlinesUnited States4.2%14 LATAMChile3.9%11 Viva AerobusMexico3.4%8 Lion Air(1)Indonesia3.1%10 WestJetCanada3.0%5 Aerolineas ArgentinasArgentina2.7%7 Total top ten customers48.5%107 All other customers51.5%163 Total all customers100.0%270 

(1)  Includes 6 aircraft on lease with 3 affiliated airlines.

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COMPARATIVE RESULTS OF OPERATIONS

Results of Operations for the three months ended August 31, 2025, as compared to the three months ended August 31, 2024:

 Three Months Ended August 31, 20252024 (Dollars in thousands)Revenues:Lease rental revenue$190,116 $162,379 Direct financing and sales-type lease revenue5,191 5,426 Amortization of lease premiums,