Zacks Investment Research downgraded shares of AIRCASTLE LTD (AYR) from OUTPERFORM to NEUTRAL on August 02, 2012, with a target price of $14.00.
AIRCASTLE LTD are a global company that acquires and leases high utility commercial jet aircraft to passenger and cargo airlines throughout the world. High utility aircraft are generally modern, operationally efficient jets with a large operator base and long useful lives. They also make investments in other aviation assets, including debt securities secured by commercial jet aircraft.
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