Company: AYR
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001628280-25-019189
Chunk: 42

Company: Aircastle LTD
Filing Date: 2025-04-23
Form: 10-K
Item: Item 16
Chunk 42
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Lease rentals received in advance19,343 14,466 29,601 Net cash and restricted cash provided by operating activities464,021 370,254 437,737 Cash flows from investing activities:Acquisition and improvement of flight equipment(1,588,197)(1,240,183)(994,040)Proceeds from sale or disposition of flight equipment565,921 361,826 426,454 Proceeds from settlement of insurance claims49,500 — — Aircraft purchase deposits and progress payments, net of returned deposits and aircraft sales deposits4,157 5,650 28,393 Other(1,613)(6,408)1,319 Net cash and restricted cash used in investing activities(970,232)(879,115)(537,874)Cash flows from financing activities:Proceeds from issuance of common shares300,000 200,000 — Proceeds from secured and unsecured debt financings1,702,048 2,029,750 493,848 Repayments of secured and unsecured debt financings(1,452,340)(1,917,744)(420,372)Deferred financing costs(9,849)(25,035)(13,242)Debt extinguishment costs285 — (310)Security deposits and maintenance payments received152,521 159,792 142,699 Security deposits and maintenance payments returned(16,379)(18,786)(20,307)Dividends paid(21,000)(21,000)(21,000)Net cash and restricted cash provided by financing activities655,286 406,977 161,316 Net increase (decrease) in cash and restricted cash149,075 (101,884)61,179 Cash and restricted cash at beginning of year129,977 231,861 170,682 Cash and restricted cash at end of year$279,052 $129,977 $231,861 

Aircastle Limited and Subsidiaries

Consolidated Statements of Cash Flows (Continued)

(Dollars in thousands)

 Year Ended February 28/29, 202520242023Supplemental disclosures of cash flow information:Cash paid during the year for interest$233,284 $240,715 $193,283 Cash paid during the year for income taxes$4,170 $5,135 $9,511