Aircastle Limited (AYR)
Deutsche Bank 2nd Annual Aircraft Financing & Leasing Conference
September 5, 2012, 11:30 a.m. ET
Ron Wainshal – CEO
Previous Statements by AYR
» Aircastle's CEO Discusses Q2 2012 Results - Earnings Call Transcript
» Aircastle's CEO Discusses Q1 2012 Results - Earnings Call Transcript
» Aircastle's CEO Hosts Limited Analyst Meeting (Transcript)
» Aircastle's CEO Presents at J.P. Morgan Aviation, Transportation & Defense Conference (Transcript)
Thanks, Doug. It’s hard to follow Mike, but I’ll give it a shot. I think a lot of you guys know who we are, but I’ll just kind of cover the basics and try to focus on what makes us different. Our portfolio is about 160 aircraft. It’s a large, diversified customer base. As I’ll take you through this briefly, we’ve done a pretty good job servicing this through some interesting times, and the contracted revenue stream is pretty long-term, it’s almost five years. I think the approach we take is a little different in terms of how we integrate, the extent to which we integrate our capital structure and our investment approach, and we have to do that because we’re a stand-alone leasing company. We don’t have the big [inaudible] standing behind us or a big bank, and that’s been, the financing markets have been one of the most interesting and challenging parts of our business. But with that comes opportunity, particularly for those that have bond market access, and we do, and we also benefit from a good liquidity position. Having said that, we’re taking our time.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV