Attached files
file | filename |
---|---|
8-K - FORM 8-K - Aircastle LTD | d332169d8k.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
AIRCASTLE PROVIDES UPDATE ON CEO MEDICAL LEAVE OF ABSENCE
Stamford, CT. February 6, 2017 Aircastle Limited (NYSE: AYR) (Aircastle) today provided an update on the status of Chief Executive Officer Ron Wainshals medical leave of absence.
We are all looking forward to Rons recovery and to his expected return, said Peter V. Ueberroth, Aircastles Chairman of the Board, speaking on behalf of the Board of Directors. Mr. Ueberroth continued, As Ron focuses on his road to recovery, he is not yet ready to resume his CEO responsibilities. As such, Mike Inglese, Aircastles CFO and Acting CEO, will continue to serve as Acting CEO until Rons return, which we expect to be during the second quarter.
Added Mr. Ueberroth, In the meantime, our senior management teams steadfast focus is on the best interests of our shareholders. The Board is working closely with Mike and the full senior management team to continue delivering on our commitments to customers and employees.
About Aircastle Limited
Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of September 30, 2016, Aircastle owned and managed on behalf of its joint ventures 186 aircraft leased to 65 customers located in 35 countries.
Contacts:
Aircastle Advisor LLC |
The IGB Group | |
Frank Constantinople, SVP Investor Relations |
Leon Berman | |
Tel: +1-203-504-1063 |
Tel: +1-212-477-8438 | |
fconstantinople@aircastle.com |
lberman@igbir.com |
For more information on Aircastle, please visit www.aircastle.com.
SOURCE: Aircastle Limited