Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2025	Feb. 28, 2025
ASSETS
Cash and cash equivalents	$ 138,649	$ 279,052
Accounts receivable	9,013	9,662
Flight equipment held for lease, net	8,344,273	7,644,867
Net investment in leases, net	238,746	257,249
Unconsolidated equity method investment	47,996	45,813
Other assets	247,954	273,521
Total assets	9,026,631	8,510,164
LIABILITIES
Borrowings from secured financings, net	113,112	502,609
Borrowings from unsecured financings, net	5,212,982	4,452,781
Accounts payable, accrued expenses and other liabilities	362,756	295,132
Lease rentals received in advance	58,231	68,120
Security deposits	67,437	82,477
Maintenance payments	590,798	583,658
Total liabilities	6,405,316	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 November 30, 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 November 30, 2025 and February 28, 2025	0	0
Additional paid-in capital	2,378,774	2,378,774
Retained earnings	242,541	146,613
Total shareholders’ equity	2,621,315	2,525,387
Total liabilities and shareholders’ equity	$ 9,026,631	$ 8,510,164