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Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2024
Feb. 29, 2024
ASSETS    
Cash and cash equivalents $ 432,564 $ 129,977
Accounts receivable 12,778 12,518
Flight equipment held for lease, net 6,798,327 6,940,502
Net investment in leases, net 278,270 282,439
Unconsolidated equity method investment 43,709 42,710
Other assets 267,907 271,807
Total assets 7,833,555 7,679,953
LIABILITIES    
Borrowings from secured financings, net 636,410 875,397
Borrowings from unsecured financings, net 3,823,665 3,823,099
Accounts payable, accrued expenses and other liabilities 212,315 219,588
Lease rentals received in advance 62,894 52,654
Security deposits 71,689 69,544
Maintenance payments 558,568 505,897
Total liabilities 5,365,541 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 August 31, 2024 and February 29, 2024 0 0
Common shares, $0.01 par value, 250,000,000 shares authorized, 17,840 and 15,564 shares issued and outstanding at August 31, 2024 and February 29, 2024, respectively 0 0
Additional paid-in capital 2,378,774 2,078,774
Retained earnings 89,240 55,000
Total shareholders’ equity 2,468,014 2,133,774
Total liabilities and shareholders’ equity $ 7,833,555 $ 7,679,953
Common Stock, Shares, Outstanding 15,564 17,840