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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2023
Feb. 28, 2023
ASSETS    
Cash and cash equivalents $ 105,832 $ 231,861
Accounts receivable 13,012 12,855
Flight equipment held for lease, net 6,588,340 6,567,606
Net investment in leases, net 248,842 67,694
Unconsolidated equity method investment 42,292 40,505
Other assets 300,204 346,330
Total assets 7,298,522 7,266,851
LIABILITIES    
Borrowings from secured financings, net 894,913 752,298
Borrowings from unsecured financings, net 3,455,505 3,842,454
Accounts payable, accrued expenses and other liabilities 219,547 206,473
Lease rentals received in advance 56,710 66,816
Security deposits 64,606 61,734
Maintenance payments 492,350 465,618
Total liabilities 5,183,631 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 November 30, 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 November 30, 2023 and February 28, 2023, respectively 0 0
Additional paid-in capital 2,078,774 1,878,774
Retained earnings (accumulated deficit) 36,117 (7,316)
Total shareholders’ equity 2,114,891 1,871,458
Total liabilities and shareholders’ equity $ 7,298,522 $ 7,266,851