Aircastle Hires New Business Leader for Asia-Pacific

STAMFORD, Conn., Nov. 30, 2012 /PRNewswire/ -- Aircastle Limited (NYSE: AYR) ("Aircastle") announced today that Nigel Harwood joined the Company as Executive Vice President, Asia-Pacific.  Mr. Harwood will be heading Aircastle's new business efforts in the Asia-Pacific region and will be based in Singapore. 

Aircastle's Chief Executive Officer, Ron Wainshal, commented, "Nigel brings to Aircastle extensive regional experience in the aerospace industry and a great deal of energy.  The Asia-Pacific region has been growing rapidly and now represents one third of our portfolio.  We believe there are significant growth opportunities in this area and I am really excited to have Nigel on board to drive these efforts and also to help anchor our expanding presence in Singapore." 

Mr. Harwood has 25 years of civil aerospace experience, nearly all of it in Asia, with notable business development successes at both Rolls-Royce and Airbus.

About Aircastle Limited
Aircastle Limited is a global company that acquires, leases and sells high-utility commercial jet aircraft to airlines throughout the world.  As of September 30, 2012, Aircastle's aircraft portfolio consisted of 157 aircraft on lease with 68 customers located in 36 countries.

For more information on Aircastle, please visit www.aircastle.com.

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SOURCE Aircastle Limited