Company: AYR
Filing Date: 2025-10-09
Form Type: 10-Q
Source: 0001628280-25-044676
Chunk: 4

Company: Aircastle LTD
Filing Date: 2025-10-09
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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30,784)Balance, May 31, 202517,840 $— 400 $— $2,378,774 $165,116 $2,543,890 Net income— — — — — 57,233 57,233 Preference share dividends— — — — — (10,500)(10,500)Balance, August 31, 202517,840 $— 400 $— $2,378,774 $211,849 $2,590,623 Common SharesPreference SharesAdditional Paid-In CapitalRetained EarningsTotal Shareholders’ EquitySharesAmountSharesAmountBalance, February 29, 202415,564 $— 400 $— $2,078,774 $55,000 $2,133,774 Net income— — — — — 16,081 16,081 Balance, May 31, 202415,564 $— 400 $— $2,078,774 $71,081 $2,149,855 Issuance of common shares2,276 — — — 300,000 — 300,000 Net income— — — — — 28,659 28,659 Preference share dividends— — — — — (10,500)(10,500)Balance, August 31, 202417,840 $— 400 $— $2,378,774 $89,240 $2,468,014 

The accompanying notes are an integral part of these unaudited consolidated financial statements.

7

Aircastle Limited and SubsidiariesNotes to Unaudited Consolidated Financial Statements(Dollars in thousands, except per share amounts)August 31, 2025

Note 1. Summary of Significant Accounting Policies

OrganizationAircastle Limited (“Aircastle,” the “Company,” “we,” “us” or “our”) is a Bermuda company that was incorporated on October 29, 2004, under the provisions of Section 14 of the Companies Act of 1981 of Bermuda.  Aircastle’s business is acquiring, leasing, managing and selling commercial jet aircraft.The Company is controlled by affiliates of Marubeni Corporation (“Marubeni”) and Mizuho Le