Use access key #2 to skip to page content.
$6.26 0.01 (0.16%)
10/10/2008 4:02 PM

Aircastle Limited (AYR)

CAPS Rating:
****

A global company that acquires and leases high-utility commercial jet aircraft to passenger and cargo airlines throughout the world.

View All Commentary (AYR)

Recs

6

Avatar buygoog (< 20) Submitted: 7/01/08 11:04 AM : Outperform Start Price: $8.31 AYR Score: 6.11

Their fleet alone is worth almost triple the market cap. The company isn't going to liquidate an promises to return piles of cash to shareholders well over what the current market cap suggests.

The cut in the dividend was because the company wanted to preserve capital to take advantage of firesales of planes that would come up in these times of distress. The CEO is a former high up at GECAS which is one of the largest players inthe industry.

Report this Post Replies: 0 | Reply

Featured Broker Partners