Attached files
file | filename |
---|---|
EX-99.1 - OWNED AIRCRAFT PORTFOLIO - Aircastle LTD | ayrq42015ex991.htm |
EX-32.2 - CFO 906 CERTIFICATION - Aircastle LTD | ayrq4201510-kex322.htm |
EX-32.1 - CEO 906 CERTIFICATION - Aircastle LTD | ayrq4201510-kex321.htm |
EX-31.1 - CEO 302 CERTIFICATION - Aircastle LTD | ayrq4201510-kex311.htm |
EX-31.2 - CFO 302 CERTIFICATION - Aircastle LTD | ayrq4201510-kex312.htm |
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - Aircastle LTD | ayrq4201510-kex231.htm |
10-K - 10-K - Aircastle LTD | ayrq4201510-k.htm |
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - Aircastle LTD | ayrq4201510-kex211.htm |
Exhibit 12.1
AIRCASTLE LIMITED
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
Year Ended December 31, | ||||||||||||
2015 | 2014 | 2013 | ||||||||||
Fixed Charges: | ||||||||||||
Interest expense | $ | 243,576 | $ | 238,378 | $ | 243,757 | ||||||
Portion of rent expense representative of interest | 376 | 372 | 404 | |||||||||
Total fixed charges | $ | 243,952 | $ | 238,750 | $ | 244,161 | ||||||
Earnings: | ||||||||||||
Income from continuing operations before income taxes | $ | 128,243 | $ | 111,637 | $ | 38,943 | ||||||
Fixed charges from above | 243,952 | 238,750 | 244,161 | |||||||||
Amortization of capitalized interest | 800 | 800 | 800 | |||||||||
Earnings (as defined) | $ | 372,995 | $ | 351,187 | $ | 283,904 | ||||||
Ratio of earnings to fixed charges | 1.53 | x | 1.47 | x | 1.16 | x |