Aircastle Limited ("Aircastle" or the "Company") (NYSE: AYR) announced today that it increased the size of its unsecured revolving credit facility to $800 million from $675 million and extended its maturity by more than two years to June 2022. The facility will provide working capital for general corporate purposes, including aircraft acquisition.

The facility participants consist of seven leading global financial institutions, with Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank, N.A. and Royal Bank of Canada, as joint lead arrangers; Citibank, N.A., as agent; and Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank, N.A., Royal Bank of Canada, Credit Agricole Corporate & Investment Bank, MUFG Bank, Ltd., and BNP Paribas, as lenders.

Michael Inglese, Aircastle's CEO, stated, "We appreciate the continued support of our premier global bank group partners, whose confidence in Aircastle's business is clearly reflected in this enhanced commitment. In line with the recent positive developments from multiple leading credit rating agencies, this increased and extended revolver further ensures that Aircastle is well-positioned to achieve long-term, profitable growth and value for shareholders."