Company: AYR
Filing Date: 2025-07-10
Form Type: 10-Q
Source: 0001628280-25-034715
Chunk: 25

Company: Aircastle LTD
Filing Date: 2025-07-10
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 is annualized.

23

PORTFOLIO DIVERSIFICATION

 Owned Aircraft as ofMay 31, 2025Owned Aircraft as ofMay 31, 2024 Number ofAircraft% of NetBook ValueNumber ofAircraft% of NetBook ValueAircraft TypePassenger:Narrow-body - new technology(1)83 46 %61 37 %Narrow-body - current technology161 45 %165 50 %Wide-body - current technology14 7 %17 10 %Total Passenger258 98 %243 97 %Freighter - current technology6 2 %7 3 %Total264 100 %250 100 %ManufacturerAirbus172 65 %165 66 %Boeing71 28 %66 26 %Embraer21 7 %19 8 %Total264 100 %250 100 %Regional DiversificationAsia and Pacific66 27 %65 27 %Europe88 27 %91 30 %Middle East and Africa14 5 %10 5 %North America64 30 %49 23 %South America31 11 %32 14 %Off-lease1 (2)— %3 1 %Total264 100 %250100 %

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

(2)    We currently have 1 narrow-body freighter aircraft that we are marketing for lease or sale.

24

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

CustomerCountryPercent of Net Book ValueNumber ofAircraftIndiGoIndia10.2%17 UnitedUnited States7.5%12 KLMNetherlands5.1%13 Frontier AirlinesUnited States4.5%7 LATAMChile4.1%11 American AirlinesUnited States4.0%13 Lion Air(1)Indonesia3.3%10 Viva AerobusMexico3.2%7 Aerolineas ArgentinasArgentina2.9%7 easyJetUnited Kingdom2.8%