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Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2026
Feb. 28, 2026
ASSETS    
Cash and cash equivalents $ 440,922 $ 179,889
Accounts receivable 21,495 18,239
Flight equipment held for lease, net 8,146,241 8,267,353
Net investment in leases, net 265,915 267,085
Unconsolidated equity method investment 31,638 47,540
Other assets 260,524 209,680
Total assets 9,166,735 8,989,786
LIABILITIES    
Borrowings from secured financings, net 111,592 112,355
Borrowings from unsecured financings, net 5,288,395 5,139,411
Accounts payable, accrued expenses and other liabilities 445,606 381,274
Lease rentals received in advance 56,593 63,514
Security deposits 68,363 65,424
Maintenance payments 581,440 560,157
Total liabilities 6,551,989 6,322,135
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, 2026 and February 28, 2026 0 0
Common shares, $0.01 par value, 250,000,000 shares authorized, 17,840 shares issued and outstanding at May 31, 2026 and February 28, 2026 0 0
Additional paid-in capital 2,378,774 2,378,774
Retained earnings 235,972 288,877
Total shareholders’ equity 2,614,746 2,667,651
Total liabilities and shareholders’ equity $ 9,166,735 $ 8,989,786