UNDERWRITING AGREEMENT AIRCASTLE LIMITED Common Shares Underwriting AgreementUnderwriting Agreement • October 4th, 2007 • Aircastle LTD • Services-equipment rental & leasing, nec • New York
Aircastle Limited, a Bermuda exempted company (the “Company”), proposes to issue and sell to the several Underwriters listed in Schedule 1 hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), an aggregate of 10,000,000 common shares, par value U.S. $0.01 per share, of the Company and certain shareholders of the Company named in Schedule 2 hereto (the “Selling Shareholders”) propose to sell to the several Underwriters an aggregate of 10,000,000 common shares, par value U.S. $0.01 per share, of the Company (collectively, the “Underwritten Shares”). In addition, the Company proposes to issue and sell, at the option of the Underwriters, up to an additional 1,000,000 common shares of the Company, and the Selling Shareholders propose to sell, at the option of the Underwriters, up to an additional 1,000,000 common shares of the Company (collectively, the “Option Shares”). The Underwritten Shares and the Option Shares are herein referred to as the “S
