Aircastle Acquires Six B737-700s for $27.5 Million Each

September 4, 2006

The expansion of the Aircastle portfolio, the subject of a recent IPO, continues with the acquisition of six B737-700s currently leased to Sterling of Denmark.

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Mission / Aircraft Values News was created in 1992 to provide independent and informed advice regarding current and future aircraft values, and the factors that affect them, to the air transport community.AVN's core activity is the provision of expert commentary on current and future market values and lease rates. AVN seeks to interpret and analyze current events, enabling readers to more accurately anticipate future market trends. AVN expertise centers on an appreciation that aircraft are a commodity, subject to vagaries of supply and demand. AVN's subscribers comprise decision makers at financial i aft lessors and airlines.