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Aircraft Portfolio (Tables)
9 Months Ended
Feb. 28, 2013
Aircraft Portfolio  
Schedule of summarized income statement information of the limited liability companies

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

February 28/29,

 

February 28/29,

 

 

 

2013

 

2012

 

2013

 

2012

 

Sales

 

$

83.0

 

$

7.6

 

$

113.1

 

$

29.1

 

Income before provision for income taxes

 

6.7

 

0.4

 

12.1

 

1.5

 

 

Schedule of summarized balance sheet information of the limited liability companies

 

 

 

February 28,

 

May 31,

 

 

 

2013

 

2012

 

Balance sheet information:

 

 

 

 

 

Assets

 

$

93.5

 

$

169.6

 

Debt

 

29.4

 

75.6

 

Members’ capital

 

60.5

 

88.8

 

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

 

February 28,

 

May 31,

 

 

 

2013

 

2012

 

Gross carrying value

 

$

22.3

 

$

25.2

 

Debt

 

 

(8.4

)

Net AAR investment

 

$

22.3

 

$

16.8

 

 

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

 

 

 

 

 

Year

 

 

 

Lease Expiration

 

Post-Lease

 

Quantity

 

Aircraft Type

 

Manufactured

 

Lessee

 

Date (FY)

 

Disposition

 

2

 

767-300

 

1991

 

United Airlines

 

2016 and 2017

 

Re-lease

 

2

 

737-400

 

1993 and 1997

 

Malaysia Airlines

 

2013

 

Sale/Re-lease

 

4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Available

 

 

Re-lease

 

2