Aircastle to Acquire Three Airbus A330 Aircraft

(Stamford, Conn., July 29, 2010) -- Aircastle Limited (NYSE: AYR) announced today that it entered into an agreement with SriLankan Airlines Limited, the national carrier of Sri Lanka, for the purchase and leaseback of three Airbus A330-200 aircraft. The purchase and leaseback of the first of the three aircraft was completed Monday, with the remaining two aircraft scheduled for closing in August 2010. Ron Wainshal, Aircastle's Chief Executive Officer, commented, "We're pleased to build on our strong existing relationship with SriLankan Airlines. These A330s are modern and fuel efficient aircraft that play a key role in the airline's growing long-haul operations."
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Source: Aircastle Limited
Date: Jul 30, 2010