Aircastle has announced that its board of directors are evaluating its strategic alternatives, which may include the sale of the company. The firm, which acquires, leases and sells commercial jet aircraft, saw its shares jump about 9% upon the news. Stamford-based Aircastle said it has received preliminary expressions of interest from third parties on a possible deal and is holding talks. “There can be no assurance that this process will result in a transaction or, if a transaction is undertaken, its terms or timing,” the company said in a statement. Japanese trading company Marubeni, which owns approximately 29% of shares

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In