Monday, July 1, 2024 Aircastle Limited (“Aircastle”) has announced the successful completion of a significant equity commitment from its shareholders, Marubeni Corporation and Mizuho Leasing. This commitment, which totals $500 million, reinforces the company’s strong financial position and strategic growth plans. On July 1, 2024, Aircastle received $300 million from its shareholders.
This amount represents the second tranche of the $500 million equity commitment, with the first tranche of $200 million having been funded in July 2023. Mike Inglese, Aircastle’s CEO, expressed his gratitude and confidence in the continued support from the shareholders. “Our shareholders continue to demonstrate their broad confidence in our long-term investment horizon and unique business model.
The partnership we have built with Marubeni Corporation and Mizuho Leasing enhances our investment grade rating and expands our access to credit markets. With this capital payment, we look forward to continuing our path to growth.” Aircastle Limited is a global leader in acquiring, leasing, and selling commercial jet aircraft to airlines.
As of February 29, 2024, the company owned and managed 252 aircraft leased to 75 customers across 43 countries. This diverse portfolio highlights Aircastle’s extensive reach and influence in the aviation industry. The partnership with Marubeni Corporation and Mizuho Leasing plays a crucial role in Aircastle’s strategic initiatives.
These collaborations no.
