Attached files

file filename
EX-99.1 - OWNED AIRCRAFT PORTFOLIO - Aircastle LTDayrq42015ex991.htm
EX-32.2 - CFO 906 CERTIFICATION - Aircastle LTDayrq4201510-kex322.htm
EX-32.1 - CEO 906 CERTIFICATION - Aircastle LTDayrq4201510-kex321.htm
EX-31.1 - CEO 302 CERTIFICATION - Aircastle LTDayrq4201510-kex311.htm
EX-31.2 - CFO 302 CERTIFICATION - Aircastle LTDayrq4201510-kex312.htm
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - Aircastle LTDayrq4201510-kex231.htm
10-K - 10-K - Aircastle LTDayrq4201510-k.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - Aircastle LTDayrq4201510-kex211.htm


Exhibit 12.1
AIRCASTLE LIMITED
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
 
Fixed Charges:
 
 
 
 
 
 
Interest expense
$
243,576

  
$
238,378

  
$
243,757

 
Portion of rent expense representative of interest
376

  
372

  
404

 
Total fixed charges
$
243,952

  
$
238,750

  
$
244,161

 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
Income from continuing operations before income taxes
$
128,243

  
$
111,637

  
$
38,943

 
Fixed charges from above
243,952

  
238,750

  
244,161

 
Amortization of capitalized interest
800

  
800

  
800

 
Earnings (as defined)
$
372,995

  
$
351,187

  
$
283,904

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
1.53

1.47

1.16

x