Aircastle enters agreement to place 11 Embraer E195-E2 aircraft with KLM

Aircastle Limited (NYSE: AYR) has announced it has entered into long-term lease agreem, the company said.

Aircastle said the technologically advanced, fuel efficient jets are a nice addition to Aircastle´s geographically diversified investment in predominantly single-aisle, in-demand, modern aircraft.

Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of September 30, 2019, Aircastle owned and managed on behalf of its joint ventures 277 aircraft leased to 87 customers located in 48 countries.