Aircastle posts lower Q4 profit but sees recovery in leasing sector

03/7/2010 | Bloomberg Businessweek

Despite reduced profit in the fourth quarter, Aircastle said the aircraft-leasing market is in recovery. The company pointed to a recent lease of six planes to South African Airways, saying the "transaction not only marked an important milestone for Aircastle, but it also served as further evidence of a recovery in aircraft leasing."

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