Aircastle Limited · Stamford, CT United States ·(NYSE: AYR)
Company Description
Phone: 203-504-1020
Fax: 203-504-1021
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Not to be confused with the inflatable palaces that parents rent for kids' birthday parties, Aircastle Limited is an aircraft leasing concern. The company owns a lineup of utility jet aircraft that it adds to, leases, and sells to passenger and cargo markets. Aircastle touts a portfolio of 130-plus aircraft, which are leased to about 60 different businesses. Lessees of Aircastle's aircraft maintain the planes, as well as pay operating and insurance expenses. The company's leases are managed from offices in Ireland, Singapore, and the US. Aircastle also invests in industry-related assets, such as financing vehicles secured by commercial aircraft. Its three largest customers are US Airways , Martinair , and Emirates . To read the full description, subscribe now.
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Key Aircastle Limited Financials
| Company Type | Public - NYSE: AYR Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $582.6 |
| 2008 Employees | 76 |
Aircastle Limited Executives
16 executives listed for Aircastle Limited's Stamford, CT location.
| Title | Name & Bio | Contact |
| Chairman | Wesley Edens | Network |
| Deputy Chairman | Joseph Adams | Network |
| CEO | Ron Wainshal | Network |
Competition
Competitive Landscape for Aircastle Limited
Demand is driven by the US military budget and the overall economic climate, which affects airline traffic and demand for new commercial aircraft. The profitability of individual companies depends on technical expertise and the ability to accurately price long-term contracts. Large companies enjoy economies of scale in design, manufacturing, and purchasing. Small companies can compete effectively by concentrating on selected components and parts manufacturing for particular prime contractors. Increasingly, small companies are developing system integration capabilities as large firms outsource more aspects of contracts. Production of aircraft and major aircraft components is highly automated: average revenue per employee is nearly $300,000. To read the full description, subscribe now.Top Aircastle Limited Competitors
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