Aircastle confirms $100m share repurchase; appoints new board members

Aircastle has announced that the company’s board of directors has increased the authorisation to repurchase up to $100 million of the company’s common shares. These would be from the $76 million that was remaining under the existing authorisation. Since 2011, the company has repurchased 18.5 million shares at an average cost of $14.57 per share. Under the program, Aircastle may purchase its common shares from time to time in the open market or in privately negotiated transactions. The amount and timing of the purchases will depend on a number of factors, including the price and availability of the company’s common