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This excerpt taken from the AYR 10-Q filed Nov 17, 2008. Principles
of Consolidation
The consolidated financial statements include the accounts of
Aircastle and all of its subsidiaries. Aircastle consolidates
three Variable Interest Entities (“VIE”) in accordance
with FASB Interpretation No. 46, Consolidation of
Variable Interest Entities (”FIN 46”) of
which Aircastle is the primary beneficiary. All intercompany
transactions and balances have been eliminated in consolidation.
This excerpt taken from the AYR 10-Q filed Aug 8, 2008. Principles
of Consolidation
The consolidated financial statements include the accounts of
Aircastle and all of its subsidiaries. Aircastle consolidates
three Variable Interest Entities in accordance with FASB
Interpretation No. 46, Consolidation of Variable
Interest Entities (“FIN 46”) of which
Aircastle is the primary beneficiary. All intercompany
transactions and balances have been eliminated in consolidation.
This excerpt taken from the AYR 8-K filed Sep 26, 2007. Principles of Consolidation The consolidated financial statements include the accounts of Aircastle and all of its subsidiaries. Aircastle consolidates a Variable Interest Entity (“VIE”) in accordance with the Financial Accounting Standards Board (“FASB”) Interpretation No. 46, Consolidation of Variable Interest Entities (“FIN 46”) of which Aircastle is the primary beneficiary. All intercompany transactions and balances have been eliminated in consolidation. | EXCERPTS ON THIS PAGE:
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