Aircastle Announces Fourth Quarter and Full Year 2020 Results
Full Year Net Loss of $(333.2) million; Investment Grade Ratings Affirmed by Fitch, S&P and Moody s
Delivered First Embraer 195 E2 aircraft to KLM Cityhopper on April 19, 2021
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Key Financial Metrics for the Three Months ended February 28, 2021
Total revenues of $197.5 million
Net loss of $(95.8) million
Adjusted EBITDA
Highlights
Investment Grade credit ratings recently affirmed by Fitch at BBB, S&P at BBB- and Moody s at Baa3
During Q4, issued $750 million of seven-year senior, unsecured bonds at a record low coupon of 2.85%
Retired $500 million of 5.125% coupon bonds
For the twelve months ended February 28, 2021, acquired five narrow-body aircraft for $154 million
PNB to infuse P515M into leasing arm
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Delivery of zero-emission refridgerated trailers for leasing by PLM Fleet, LLC
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