Aircastle (AYR)

 

Satisfying our present commitments to acquire aircraft will require additional capital. Financing may not be available to us or may not be available to us on favorable terms. If we are unable to raise additional funds or obtain capital on terms acceptable to us, we may not be able to satisfy funding requirements for our aircraft acquisition commitments under the Airbus A330 Agreement. These risks may be increased by the terms of the Airbus A330 Agreement, which requires significant progress payment commitments during the manufacturing process and which extends our future aircraft acquisition commitments into 2012. These risks may also be increased by the volatility and disruption in the capital and credit markets as noted in the risk factors described above. Further, if additional capital is raised through the issuance of additional equity securities, the interests of our then current common shareholders would be diluted. Newly issued equity securities may have rights, preferences or privileges senior to those of our common shares.

 

 

Satisfying our present commitments to acquire aircraft will
require additional capital. Financing may not be available to us
or may not be available to us on favorable terms. If we are
unable to raise additional funds or obtain capital on terms
acceptable to us, we may not be able to satisfy funding
requirements for our aircraft acquisition commitments under the
Airbus A330 Agreement. These risks may be increased by the terms
of the Airbus A330 Agreement, which requires significant
progress payment commitments during the manufacturing process
and which extends our future aircraft acquisition commitments
into 2012. These risks may also be increased by the volatility
and disruption in the capital and credit markets as noted in the
risk factors described above. Further, if additional capital is
raised through the issuance of additional equity securities, the
interests of our then current common shareholders would be
diluted. Newly issued equity securities may have rights,
preferences or privileges senior to those of our common shares.

 

 

Satisfying our commitments to acquire additional aircraft will require additional capital, particularly if we were to make additional commitments. Financing may not be available to us or may be available to us only on terms that are not favorable. Furthermore, Amended Credit Facility No. 2 and the Revolving Credit Facility mature in December 2008. If we are unable to raise additional funds or obtain capital on terms acceptable to us, we may not be able to satisfy funding requirements for our aircraft acquisition commitments under the Airbus A330 Agreement. These risks may be increased by the terms of the Airbus A330 Agreement, which requires significant progress payment commitments during the manufacturing process and which extends our future aircraft acquisition commitments into 2012. These risks may also be increased by the volatility and disruption in the capital and credit markets as noted in the risk factors described above. Further, if additional capital is raised through the issuance of additional equity securities, the interests of our then current common shareholders would be diluted. Newly issued equity securities may have rights, preferences or privileges senior to those of our common shares.