Aircastle (Ireland) Designated Activity Company
Aircastle (Ireland) Designated Activity Company (AIDAC) is a wholly-owned operating subsidiary of Aircastle Limited, a global leader in commercial jet aircraft leasing. The company's core business involves the acquisition, leasing, and sale of commercial jet aircraft to airlines worldwide, with a mission to provide sustainable aircraft solutions to its global customer base. While Aircastle Limited's principal executive offices are in Stamford, Connecticut, USA, Aircastle (Ireland) DAC maintains its registered office in Dublin, Ireland.
Aircastle specializes in high-utility, mid-life commercial jet aircraft, including popular models such as Boeing 737s, Airbus A320s, and widebody aircraft like A330s and 777s. Through its services, Aircastle supports airlines globally in managing their fleets and operational needs. The company employs a balanced approach to investment and capitalization, considering industry cyclicality and market dynamics.
Aircastle Limited, and by extension Aircastle (Ireland) DAC, is privately held, owned by Marubeni Corporation (75%) and Mizuho Leasing Company, Limited (25%) since its acquisition in March 2020. Michael J. Inglese serves as the Chief Executive Officer of Aircastle Limited. In October 2026, Aircastle announced a new $400 million unsecured term loan to fund aircraft acquisitions, reflecting its ongoing portfolio expansion. Fitch Ratings affirmed Aircastle Limited and AIDAC's Long-Term Issuer Default Rating at 'BBB+' with a Stable Outlook in May 2026, highlighting Aircastle's strategic importance to its parent companies. Aircastle (Ireland) DAC also announced an intention to merge with other leasing entities in February 2025.
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