STAMFORD, Conn., Feb. 6, 2017 /PRNewswire/ -- Aircastle
Limited (NYSE: AYR) ("Aircastle") today provided an update on the
status of Chief Executive Officer Ron
Wainshal's medical leave of absence.
"We are all looking forward to Ron's recovery and to his
expected return," said Peter V.
Ueberroth, Aircastle's 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, Aircastle's CFO and Acting CEO, will continue to
serve as Acting CEO until Ron's return, which we expect to be
during the second quarter."
Added Mr. Ueberroth, "In the meantime, our senior management
team's 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
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SOURCE Aircastle Limited