Aircastle Q2 Net Income Hits $69M on $38M Aircraft Sale Gains
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Stamford – October 14, 2026 -- Aircastle reported net income of $69 million on total revenues of $283 million for the three months ended August 31, 2026, with $38 million in gains on aircraft sales contributing to the result.
Adjusted EBITDA reached $247 million. CEO Mike Inglese said strong travel demand and constrained aircraft supply continue to support lease rates and asset values.
Aircastle acquires five aircraft for $269 million while selling 11 for $243 million
The lessor acquired five aircraft during the quarter, including three Airbus A321neo and one Boeing 737MAX8. Year-to-date aircraft acquisitions total $386 million.
It sold 11 aircraft and other flight equipment for proceeds of $243 million. New technology aircraft made up 54% of the fleet's net book value as of August 31, 2026.