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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2023
Feb. 28, 2023
ASSETS    
Cash and cash equivalents $ 726,428 $ 231,861
Accounts receivable 11,729 12,855
Flight equipment held for lease, net 6,501,828 6,567,606
Net investment in leases, net 248,734 67,694
Unconsolidated equity method investment 41,367 40,505
Other assets 318,851 346,330
Total assets 7,848,937 7,266,851
LIABILITIES    
Borrowings from secured financings, net 913,864 752,298
Borrowings from unsecured financings, net 3,991,875 3,842,454
Accounts payable, accrued expenses and other liabilities 211,810 206,473
Lease rentals received in advance 53,486 66,816
Security deposits 62,067 61,734
Maintenance payments 526,589 465,618
Total liabilities 5,759,691 5,395,393
Commitments and Contingencies
SHAREHOLDERS’ EQUITY    
Preference shares, $0.01 par value, 50,000,000 shares authorized, 400 (aggregate liquidation preference of $400,000) shares issued and outstanding at August 31, 2023 and February 28, 2023 0 0
Common shares, $0.01 par value, 250,000,000 shares authorized, 15,564 and 14,048 shares issued and outstanding at August 31, 2023 and February 28, 2023, respectively 0 0
Additional paid-in capital 2,078,774 1,878,774
Retained earnings (accumulated deficit) 10,472 (7,316)
Total shareholders’ equity 2,089,246 1,871,458
Total liabilities and shareholders’ equity $ 7,848,937 $ 7,266,851