Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2025	Feb. 28, 2025
ASSETS
Cash and cash equivalents	$ 147,343	$ 279,052
Accounts receivable	12,111	9,662
Flight equipment held for lease, net	8,215,532	7,644,867
Net investment in leases, net	254,404	257,249
Unconsolidated equity method investment	46,668	45,813
Other assets	208,903	273,521
Total assets	8,884,961	8,510,164
LIABILITIES
Borrowings from secured financings, net	113,863	502,609
Borrowings from unsecured financings, net	5,133,849	4,452,781
Accounts payable, accrued expenses and other liabilities	343,538	295,132
Lease rentals received in advance	65,620	68,120
Security deposits	69,277	82,477
Maintenance payments	568,191	583,658
Total liabilities	6,294,338	5,984,777
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, 2025 and February 28, 2025	0	0
Common shares, $0.01 par value, 250,000,000 shares authorized, 17,840 shares issued and outstanding at August 31, 2025 and February 28, 2025	0	0
Additional paid-in capital	2,378,774	2,378,774
Retained earnings	211,849	146,613
Total shareholders’ equity	2,590,623	2,525,387
Total liabilities and shareholders’ equity	$ 8,884,961	$ 8,510,164