STAMFORD, Conn., March 26, 2015 /PRNewswire/ -- Aircastle Limited
(NYSE: AYR) announced today that it has posted its 2014 PFIC Annual
Information Statement to its website.
Aircastle is considered a passive foreign investment company (a
"PFIC") for U.S. Federal income tax purposes through 2014 and
expects to be treated as a PFIC for the foreseeable future. U.S.
shareholders are advised to consult with their tax advisors with
respect to the 2014 PFIC Annual Information Statement.
To access Aircastle's 2014 PFIC Annual Information Statement,
select the tab "Tax Information (PFIC)" under the Investors section
of the home page of the Aircastle website at www.aircastle.com.
About Aircastle Limited
Aircastle Limited acquires, leases and sells commercial jet
aircraft to airlines throughout the world. As of December 31, 2014, Aircastle's aircraft portfolio
consisted of 148 aircraft on lease with 54 customers located in 34
countries.
Safe Harbor
Certain items in this press release and other information we
provide from time to time, may constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 including, but not necessarily limited to,
statements relating to our ability to acquire, sell, lease or
finance aircraft, raise capital, pay dividends, and increase
revenues, earnings, EBITDA, Adjusted EBITDA, Adjusted Net Income,
Cash ROE and Net Cash Interest Margin and the global aviation
industry and aircraft leasing sector. Words such as "anticipates,"
"expects," "intends," "plans," "projects," "believes," "may,"
"will," "would," "could," "should," "seeks," "estimates" and
variations on these words and similar expressions are intended to
identify such forward-looking statements. These statements are
based on our historical performance and that of our subsidiaries
and on our current plans, estimates and expectations and are
subject to a number of factors that could lead to actual results
materially different from those described in the forward-looking
statements; Aircastle can give no assurance that its expectations
will be attained. Accordingly, you should not place undue reliance
on any forward-looking statements contained in this report. Factors
that could have a material adverse effect on our operations and
future prospects or that could cause actual results to differ
materially from Aircastle's expectations include, but are not
limited to, capital markets disruption or volatility which could
adversely affect our continued ability to obtain additional capital
to finance new investments or our working capital needs; government
fiscal or tax policies, general economic and business conditions or
other factors affecting demand for aircraft or aircraft values and
lease rates; our continued ability to obtain favorable tax
treatment in Bermuda, Ireland and other jurisdictions; our ability
to pay dividends; high or volatile fuel prices, lack of access to
capital, reduced load factors and/or reduced yields, operational
disruptions caused by political unrest and other factors affecting
the creditworthiness of our airline customers and their ability to
continue to perform their obligations under our leases, and other
risks detailed from time to time in Aircastle's filings with the
Securities and Exchange Commission ("SEC"), including as described
in Item 1A "Risk Factors" in our form 10K for the year ended
December 31, 2014. In addition,
new risks and uncertainties emerge from time to time, and it is not
possible for Aircastle to predict or assess the impact of every
factor that may cause its actual results to differ from those
contained in any forward-looking statements. Such forward-looking
statements speak only as of this date. Aircastle expressly
disclaims any obligation to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in its expectations with regard thereto or
change in events, conditions or circumstances on which any
statement is based.
For more information regarding Aircastle and to be added to our
email distribution list, please visit http://www.aircastle.com.
Contact:
Frank Constantinople – Senior Vice President, Investor
Relations
Tel: +1-203-504-1063
fconstantinople@aircastle.com
The IGB Group
Leon Berman
Tel: +1-212-477-8438
lberman@igbir.com
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SOURCE Aircastle Limited