Aircastle: Current Share Price Hard to Swallow [View article]
I'm with you on AYR.. this looks to be a good growth story going down the line. FreeMkts is right - debt shouldn't be an issue as deals are structured well. The price dropped in the general meltdown panic. What investors didn't realize was that Air Castle actually benefited from airliners (like Air Iceland) that returned air craft. AYR got 3 months payment as a fine plus full refurbish cost and turned around and leased that plane the next month. I like this company and own shares. For my complete portfolio view my page at MG: www.MarketGuru.com/gul...
Aircastle: Current Share Price Hard to Swallow [View article]
The price dropped in the general meltdown panic. What investors didn't realize was that Air Castle actually benefited from airliners (like Air Iceland) that returned air craft. AYR got 3 months payment as a fine plus full refurbish cost and turned around and leased that plane the next month.
I like this company and own shares.
For my complete portfolio view my page at MG:
www.MarketGuru.com/gul...
Aircastle's Surprise Dividend Reduction [View article]