Aircastle shares surge to new high


Shares in independent aircraft leasing company Aircastle surged 4.3% in trading yesterday to hit a 28-month high. The company's stock has gained 22% for the year to date, trading strongly since the end of Jan-2011.

  • Aircastle's shares reached a 28-month high, surging 4.3% in trading.
  • Aircastle's stock has gained 22% year-to-date and has been trading strongly since the end of January 2011.
  • FLY Leasing and Aerocentury experienced more modest gains, with increases of 1.2% and 1.1% respectively.
  • Aircastle is an independent aircraft leasing company.
  • The surge in Aircastle's shares indicates positive investor sentiment towards the company.
  • The performance of Aircastle's stock suggests a positive outlook for the aircraft leasing industry.

Other listed leasing companies were more subdued, with FLY Leasing (+1.2%) and Aerocentury (+1.1%) the only other major movers.

Selected Lessors daily share price movements (% change): 18-Feb-2011

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More