Aircastle Limited (the “Company” or “Aircastle”) announced that it entered into a new $400.5 million term facility secured by 17 aircraft. The facility has a maturity of seven years and includes an accordion feature allowing for $67.5 million in additional future funding. Funding of the facility will take place through several draw-downs, with the first one, for $167.3 million, having taken place yesterday.
The financing was led by BNP Paribas, Credit Agricole Corporate and Investment Bank and The Bank of Tokyo-Mitsubishi UFJ (London Branch) as Joint Lead Arrangers as well as SGBT Asset Based Funding S.A. as Arranger and ING Bank and Columbia State Bank as lenders. BNP Paribas also acts as Agent and Security Trustee.
Mike Inglese, Aircastle’s CFO, stated, “Following our recent successes in sourcing unsecured debt, this secured financing helps diversify Aircastle’s funding sources as we capitalize on accretive investment opportunities in a disciplined fashion. This deal provides us with attractive financing while building on our strong relationships with several leading aviation finance lenders.”
AEE Aircraft Electronic Engineering GmbH and Horizon Aircraft have joined forces to integrate advanced avionics capabilities into the Cavorite X7 hybrid-electric eVTOL programme. Throug...
Information Design One AG, the Frankfurt-based aviation technology company behind the aFuel platform, has achieved a major operational milestone. During the first half of 2026, aFuel processed 50...
International air charter specialist Chapman Freeborn has joined BlackBook Motorsport, the global business network connecting key stakeholders across Formula 1, NASCAR, MotoGP and the wider internatio...
AeronautX, part of the AX Aero Group, has announced the launch of a new business aviation pilot training centre in Amsterdam, scheduled to open in the first quarter of 2027. Created by business a...
