Aircastle announces Q3 2017 results

Aircastle Limited (NYSE: AYR) reported third quarter 2017 net income of USD 57.4 million, or USD 0.73 per diluted common share, and adjusted net income of USD 64.4 million, or USD 0.82 per diluted common share, the company said.

The third quarter results included total revenues of USD 191.4 million, a decrease of 1.7%, versus USD 194.7 million in the third quarter of 2016.

Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of September 30, 2017, Aircastle owned and managed on behalf of its joint ventures 205 aircraft leased to 71 customers located in 38 countries.