Moody's announces completion of a periodic review of ratings of Aircastle Limited
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aircastle Limited. Global Credit Research- 31 Aug 2020. New York, August 31, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Aircastle Limited and other ratings that are associated with the same analytical unit.Aircastle is a holding company. Through its subsidiaries, the company acquires, leases, and sells commercial jet aircraft. The company owns and manages on behalf of its joint ventures aircraft that were leased to various lessees. The company's aircraft are managed by a team based in the U.S., Ireland and Singapore. The company's aircraft are subject to net leases whereby the lessee is generally responsible for maintaining the aircraft and paying operational, maintenance and insurance costs, although in certain cases, the company is obligated to pay a portion of specified maintenance or modification costs. The company's aircraft types include: A319/A320/A321, A330-200/300, 737-700/800/900ER, 777-200ER/300ER, E195 and freighters.
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