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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2024
Feb. 29, 2024
ASSETS    
Cash and cash equivalents $ 164,604 $ 129,977
Accounts receivable 9,380 12,518
Flight equipment held for lease, net 7,047,120 6,940,502
Net investment in leases, net 279,901 282,439
Unconsolidated equity method investment 43,229 42,710
Other assets 278,458 271,807
Total assets 7,822,692 7,679,953
LIABILITIES    
Borrowings from secured financings, net 855,908 875,397
Borrowings from unsecured financings, net 3,876,765 3,823,099
Accounts payable, accrued expenses and other liabilities 271,701 219,588
Lease rentals received in advance 63,137 52,654
Security deposits 71,488 69,544
Maintenance payments 533,838 505,897
Total liabilities 5,672,837 5,546,179
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 May 31, 2024 and February 29, 2024 0 0
Common shares, $0.01 par value, 250,000,000 shares authorized, 15,564 shares issued and outstanding at May 31, 2024 and February 29, 2024 0 0
Additional paid-in capital 2,078,774 2,078,774
Retained earnings 71,081 55,000
Total shareholders’ equity 2,149,855 2,133,774
Total liabilities and shareholders’ equity $ 7,822,692 $ 7,679,953