Aircastle
Encyclopedia
Aircastle Limited is a company engaged in Commercial Aircraft Sales and Leasing
.
It has its headquarters in Stamford
, Connecticut
, USA, with offices in Dublin and Singapore
. Aircastle was established in early 2005 and now owns about 133 jet airliners, both narrow-body
and wide-body types, which are leased to airlines around the world. The company specialises in operating leasing
of aircraft.
Aircastle is partly owned by Fortress Investment Group
LLC, a New York City
private equity
firm. Beginning on August 8, 2006, Aircastle has been traded on the New York Stock Exchange
under the ticker
symbol AYR.
Commercial Aircraft Sales and Leasing
Commercial Aircraft Sales and Leasing is a common phrase used to describe organizations which typically market used commercial airliners and related equipment to governments and other various customers from manufacturers such as Airbus and Boeing as a primary function...
.
It has its headquarters in Stamford
Stamford, Connecticut
Stamford is a city in Fairfield County, Connecticut, United States. According to the 2010 census, the population of the city is 122,643, making it the fourth largest city in the state and the eighth largest city in New England...
, Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...
, USA, with offices in Dublin and Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
. Aircastle was established in early 2005 and now owns about 133 jet airliners, both narrow-body
Narrow-body aircraft
A narrow-body aircraft is an airliner with a fuselage aircraft cabin width typically of 3 to 4 metres , and airline seat arranged 2 to 6 abreast along a single aisle...
and wide-body types, which are leased to airlines around the world. The company specialises in operating leasing
Operating leasing
An operating lease is a lease whose term is short compared to the useful life of the asset or piece of equipment being leased. An operating lease is commonly used to acquire equipment on a relatively short-term basis...
of aircraft.
Aircastle is partly owned by Fortress Investment Group
Fortress Investment Group
Fortress Investment Group LLC is an investment management firm based in New York, New York. The company went public on February 9, 2007.-History:...
LLC, a New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm. Beginning on August 8, 2006, Aircastle has been traded on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
under the ticker
Ticker
Ticker can mean:* A stock ticker machine and the ticker tape it prints on* Ticker symbol, codes used to uniquely identify publicly traded companies on a stock market...
symbol AYR.