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Aircastle (Aircastle) investor relations material
Aircastle Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Ended FY2026 with 282 aircraft, $8.5B fleet NBV, and 76 lessees across 45 countries.
FY2026 revenue rose to $975M from $821M year-over-year; net income increased to $194M from $124M.
Acquired 46 aircraft for $1.7B and sold 33 aircraft for $730M in FY2026; 51% of fleet NBV is new technology.
Extended $500M in revolving credit facilities and collected $71M in insurance settlements.
Q4 FY2026 revenue was $251M, up 22% year-over-year; net income was $57M.
Financial highlights
FY2026 EBITDA reached $889M, up from $771M; Adjusted EBITDA was $945M, up from $790M year-over-year.
Gains on aircraft sales totaled $96M for FY2026.
Insurance settlement proceeds of $71M were collected.
273 unencumbered aircraft with NBV of $8.4B as of Feb 28, 2026.
Weighted average fleet age was 9.0 years; average remaining lease term was 5.4 years.
Outlook and guidance
Aircraft and engine shortages expected to persist, with demand outstripping supply into 2026.
Management plans disciplined fleet investment and efficient capital market access amid global travel demand and uncertainties.
Heightened vigilance due to geopolitical risks and surging fuel costs impacting airlines.
Favorable financing conditions for investment-grade lessors anticipated to continue.
- Q1 2024 saw 14% lease revenue growth, 99% fleet utilization, and a $500M equity boost.Aircastle
Q1 20253 Feb 2026 - Q2 2024 net income was $29M, with high utilization and $3.1B liquidity amid strong demand.Aircastle
Q2 202519 Jan 2026 - Q3 2025 saw strong growth, higher lease revenues, robust liquidity, and a credit rating upgrade.Aircastle
Q3 202613 Jan 2026 - Q3 net income was $18M, with 99%+ utilization, $2.8B liquidity, and a Positive Moody's outlook.Aircastle
Q3 20259 Jan 2026 - Q1 2025 delivered $49.3M net income, $260M revenue, and 99%+ fleet utilization.Aircastle
Q1 20266 Jan 2026 - Net income up 48% to $124M, liquidity at $2.7B, and demand for new tech narrowbodies remains strong.Aircastle
Q4 202525 Dec 2025 - Q2 2025 delivered $57M net income, 17% lease growth, and $2.5B liquidity.Aircastle
Q2 202615 Dec 2025
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