Aircastle Limited (the "Company" or "Aircastle") (NYSE: AYR) announced today that it delivered to South African Airways ("SAA") the first of six new Airbus Model A330-200 aircraft scheduled for delivery this year. The aircraft will be equipped with latest-generation Rolls-Royce Trent 772B engines. Debt financing for this purchase was arranged and provided by Sumitomo Mitsui Banking Corporation and supported by a guarantee from Compagnie Francaise d'Assurance pour le Commerce Exterieur (COFACE), the French export credit agency. This debt bears interest at a rate of 3.78% per annum and will be repaid over twelve years.Ron Wainshal, Chief Executive Officer of Aircastle, said: "We are building a significant relationship with South African Airways and are proud to support its fleet modernization program with these six new A330-200s. These aircraft will provide the airline with significant improvements in fuel efficiency and operating costs and its passengers with a comfortable, state-of-the-art cabin."