Aircastle announces second quarter 2017 results

Aircastle has reported total revenues of $223.5 million for the second quarter of 2017, up 18%, with total lease rental and finance and sales-type lease revenues were $195.0 million, up 8%. Aircastle announced a loss of $(7.1) million, or $(0.09) per diluted common share, which includes $65.7 million of net aircraft impairment charges related to freighter aircraft sales, and $5.1 million of separation and disability compensation paid to its former Chief Executive. Adjusted net income was $2.4 million, or $0.03 per diluted common share, adjusted EBITDA was $224.1 million for the second quarter, up 23%. During the quarter, Aircastle acquired