Aircastle (AYR)

PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

 

Certain items in this Annual Report on Form 10-K (this “report”), and other information we provide from time to time, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not necessarily limited to, statements relating to our ability to acquire, sell and lease aircraft, raise capital, pay dividends, and increase revenues, earnings and EBITDA and the global aviation industry and aircraft leasing sector. Words such as “anticipate(s),” “expect(s),” “intend(s),” “plan(s),” “target(s),” “project(s),” “predict(s),” “believe(s),” “may,” “will,” “would,” “could,” “should,” “seek(s),” “estimate(s)” and similar expressions are intended to identify such forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to a number of factors that could lead to actual results materially different from those described in the forward-looking statements; Aircastle Limited can give no assurance that its expectations will be attained. Accordingly, you should not place undue reliance on any forward-looking statements contained in this report. Factors that could have a material adverse effect on our operations and future prospects or that could cause actual results to differ materially from Aircastle Limited’s expectations include, but are not limited to, prolonged capital markets disruption and volatility, which may adversely affect our continued ability to obtain additional capital to finance our working capital needs, our pre-delivery payment obligations and other aircraft acquisition commitments and our ability to extend or replace our existing financings; our exposure to increased bank and counterparty risk caused by credit and capital markets disruptions; our ability to acquire aircraft at attractive prices and to raise or borrow capital at attractive rates to fund future aircraft acquisitions; our ability to find new ways to raise capital, including managing investment funds or other entities; our continued ability to obtain favorable tax treatment in Bermuda, Ireland and other jurisdictions; our ability to pay dividends; our ability to lease aircraft at favorable rates; an adverse change in the value of our aircraft; the possibility that conditions to closing of certain transactions will not be satisfied; general economic conditions and economic conditions in the markets in which we operate; competitive pressures within the industry and/or markets in which we operate; a continuing economic slow-down, high or volatile fuel prices, lack of access to capital and other factors affecting the creditworthiness of our airline customers and their ability to continue to perform their obligations under our leases; interest rate fluctuations; termination payments on our interest rate hedges; our ability to obtain certain required licenses and approvals; the impact of future terrorist attacks or wars on the airline industry; our concentration of customers, including geographical concentration; and other risks detailed from time to time in Aircastle Limited’s filings with the Securities and Exchange Commission ( the “SEC”), including as described in Item 1A. “Risk Factors” and elsewhere in this report. In addition, new risks and uncertainties emerge from time to time, and it is not possible for Aircastle to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this report. Aircastle Limited expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

 

PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

 

Certain items in this Annual Report on
Form 10-K
(this “report”), and other information we provide from
time to time, may constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995 including, but not necessarily limited to, statements
relating to our ability to acquire, sell and lease aircraft,
raise capital, pay dividends, and increase revenues, earnings
and EBITDA and the global aviation industry and aircraft leasing
sector. Words such as “anticipate(s),”
“expect(s),” “intend(s),”
“plan(s),” “target(s),”
“project(s),” “predict(s),”
“believe(s),” “may,” “will,”
“would,” “could,” “should,”
“seek(s),” “estimate(s)” and similar
expressions are intended to identify such forward-looking
statements. These statements are based on management’s
current expectations and beliefs and are subject to a number of
factors that could lead to actual results materially different
from those described in the forward-looking statements;
Aircastle Limited can give no assurance that its expectations
will be attained. Accordingly, you should not place undue
reliance on any forward-looking statements contained in this
report. Factors that could have a material adverse effect on our
operations and future prospects or that could cause actual
results to differ materially from Aircastle Limited’s
expectations include, but are not limited to, prolonged capital
markets disruption and volatility, which may adversely affect
our continued ability to obtain additional capital to finance
our working capital needs, our pre-delivery payment obligations
and other aircraft acquisition commitments and our ability to
extend or replace our existing financings; our exposure to
increased bank and counterparty risk caused by credit and
capital markets disruptions; our ability to acquire aircraft at
attractive prices and to raise or borrow capital at attractive
rates to fund future aircraft acquisitions; our ability to find
new ways to raise capital, including managing investment funds
or other entities; our continued ability to obtain favorable tax
treatment in Bermuda, Ireland and other jurisdictions; our
ability to pay dividends; our ability to lease aircraft at
favorable rates; an adverse change in the value of our aircraft;
the possibility that conditions to closing of certain
transactions will not be satisfied; general economic conditions
and economic conditions in the markets in which we operate;
competitive pressures within the industry
and/or
markets in which we operate; a continuing economic slow-down,
high or volatile fuel prices, lack of access to capital and
other factors affecting the creditworthiness of our airline
customers and their ability to continue to perform their
obligations under our leases; interest rate fluctuations;
termination payments on our interest rate hedges; our ability to
obtain certain required licenses and approvals; the impact of
future terrorist attacks or wars on the airline industry; our
concentration of customers, including geographical
concentration; and other risks detailed from time to time in
Aircastle Limited’s filings with the Securities and
Exchange Commission ( the “SEC”), including as
described in Item 1A. “Risk Factors” and
elsewhere in this report. In addition, new risks and
uncertainties emerge from time to time, and it is not possible
for Aircastle to predict or assess the impact of every factor
that may cause its actual results to differ from those contained
in any forward-looking statements. Such forward-looking
statements speak only as of the date of this report. Aircastle
Limited expressly disclaims any obligation to release publicly
any updates or revisions to any forward-looking statements
contained herein to reflect any change in its expectations with
regard thereto or change in events, conditions or circumstances
on which any statement is based.