What is "aircastle"

Aircastle is a global company that acquires and leases high-utility commercial jet aircraft to customers throughout the world. High-utility aircraft are generally modern, operationally efficient jets with a large operator base and long useful lives.

It has its headquarters in Stamford, Connecticut, United States, with offices in Dublin and Singapore. Aircastle was incorporated on October 29, 2004 and now owns about 164 jet airliners, both narrow-body and wide-body types, which are leased to over 65 airlines around the world. The company specialises in operating leasing of aircraft.

Since August 8, 2006, Aircastle has been traded on the New York Stock Exchange under the ticker symbol AYR.