Aircraft Portfolio (Tables)

3 Months Ended

Aug. 31, 2012

Aircraft Portfolio

Schedule of summarized income statement information of the limited liability companies

	Three Months Ended
	August 31,
	2012		2011
Sales	$	8.8	$	9.5
Income before provision for income taxes	2.9		0.6

Schedule of summarized balance sheet information of the limited liability companies

	August 31,		May 31,
	2012		2012
Balance sheet information:
Assets	$	164.8	$	169.6
Debt	71.2		75.6
Members’ capital	87.7		88.8

Components of investment in wholly-owned aircraft, after consideration of financing

	August 31,		May 31,
	2012		2012
Gross carrying value	$	23.9	$	25.2
Debt	—		(8.4		)
Net AAR investment	$	23.9	$	16.8

Information relating to aircraft type, year of manufacture, lessee, lease expiration date and expected disposition upon lease expiration

Aircraft owned with joint venture partners

		Year		Lease Expiration	Post-Lease
Quantity	Aircraft Type	Manufactured	Lessee	Date (FY)	Disposition
2	767-300	1991	United Airlines	2016 and 2017	Re-lease
16	737-400	Various (1)	Malaysia Airlines	Various (2)	Sale/Re-lease
18

Wholly-owned aircraft

		Year		Lease Expiration	Post-Lease
Quantity	Aircraft Type	Manufactured	Lessee	Date (FY)	Disposition
1	737-300	1997	Small Planet Airlines	2015	Re-lease
1	A320	1997	Donbassaero Airlines	2017	Re-lease
2

(1)   Five aircraft in 1992; eight aircraft in 1993; two aircraft in 1994; and one aircraft in 1997

(2)   Twelve aircraft in 2013 and four aircraft in 2014.  The joint venture partners entered into LOIs for the sale of 13 aircraft and an additional aircraft is under contract.