Aircastle Limited (NYSE: AYR) (the "Company" or "Aircastle") announced today the promotion and appointment of Jim Connelly as Chief Accounting Officer. Mr. Connelly has been Aircastle's Controller since January 2013. He joined Aircastle in May 2007 as Assistant Controller, Operational Accounting. Prior to joining Aircastle, Mr. Connelly was with Lehman Brothers as Controller beginning in January 2001. He received a B.S. in Accounting from Syracuse University.

Aaron Dahlke, Aircastle's CFO, commented, "We are pleased to promote and appoint Jim as our Chief Accounting Officer to complement our deep and talented leadership team. With more than 24 years of relevant experience in accounting and finance, Jim brings considerable skills and expertise to lead our accounting team and to support Aircastle's continued growth as the leading investor in the secondary market for commercial aircraft."