X0303 4 2011-02-01 0 0001362988 Aircastle LTD AYR 0001119338 INGLESE MICHAEL C/O AIRCASTLE ADVISOR LLC 300 FIRST STAMFORD PLACE STAMFORD CT 06902 0 1 0 0 CFO Common Shares 2011-02-01 4 F 0 28664 10.62 D 228620 D Common shares repurchased by the Company pursuant to an irrevocable election made by the reporting person under the Amended and Restated Aircastle Limited 2005 Equity and Incentive Plan (the "Plan"), with proceeds of such repurchase being applied to the reporting person's federal, state and FICA tax withholding obligations arising upon the vesting, on February 1, 2011, of 77,787 common shares granted under the Plan. The repurchase price of $10.62 paid by the Company was the closing price on January 31, 2011, the last trading day preceeding the date the sale was reported, as provided in the Plan. /s/ Michael J.Inglese 2011-02-02