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Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 28, 2025
Feb. 29, 2024
ASSETS    
Cash and cash equivalents $ 279,052 $ 129,977
Accounts receivable 9,662 12,518
Flight equipment held for lease, net 7,644,867 6,940,502
Net investment in leases, net 257,249 282,439
Unconsolidated equity method investment 45,813 42,710
Other assets 273,521 271,807
Total assets 8,510,164 7,679,953
LIABILITIES    
Borrowings from secured financings, net 502,609 875,397
Borrowings from unsecured financings, net 4,452,781 3,823,099
Accounts payable, accrued expenses and other liabilities 295,132 219,588
Lease rentals received in advance 68,120 52,654
Security deposits 82,477 69,544
Maintenance payments 583,658 505,897
Total liabilities 5,984,777 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 February 28, 2025 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 February 28, 2025 and February 29, 2024, respectively 0 0
Additional paid-in capital 2,378,774 2,078,774
Retained earnings 146,613 55,000
Total shareholders’ equity 2,525,387 2,133,774
Total liabilities and shareholders’ equity $ 8,510,164 $ 7,679,953