Tuesday, February 8, 2011

Aircastle Delivers the First of Six New Airbus A330-200 Aircraft to South African Airways

Aircastle Limited (the "Company" or "Aircastle") (NYSE: AYR) announced today that it delivered to South African Airways ("SAA") the first of six new Airbus Model A330-200 aircraft scheduled for delivery this year. The aircraft will be equipped with latest-generation Rolls-Royce Trent 772B engines.

Debt financing for this purchase was arranged and provided by Sumitomo Mitsui Banking Corporation and supported by a guarantee from Compagnie Francaise d'Assurance pour le Commerce Exterieur (COFACE), the French export credit agency. This debt bears interest at a rate of......

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