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Aircastle Announces First Quarter 2021 Results

Aircastle Announces First Quarter 2021 Results
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Will it be a hot summer for U S airlines?

Share The vaccination campaign in the U.S. has made huge progress and now almost 220 million Americans have been vaccinated and CDC has just announced that vaccinated people can go mask free outdoor. Now the U.S. airline executives believe the worst of the pandemic is behind us. But is it really? To hear U.S. airline executives tell it, the summer ahead could be a bonanza, as travellers cooped up at home during the pandemic take to the airways in huge numbers. They say travellers will flock to beaches and outdoor leisure destinations at a level, if not quite 2019, approaching that from before the pandemic. Are they right? More of the U.S. population is vaccinated, and more states are reopening. But meanwhile, worrying Covid-19 outbreaks are being reported around the country.

Aircastle Announces Fourth Quarter and Full Year 2020 Results

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 News provided by Share this article 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

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