10-Q
Quarterly Report
AIRCASTLE LIMITED
NONE
CIK: 1362988
File #: 001-32959
Balance Sheet
40 line items · 2 periods
XBRL
| Item | Aug 31, 2024 | Feb 29, 2024 |
|---|---|---|
ASSETS | ||
Cash and cash equivalents | 432,564,000 | 129,977,000 |
Accounts receivable | 12,778,000 | 12,518,000 |
Flight equipment held for lease, net | 6,798,327,000 | 6,940,502,000 |
Flight Equipment | 6,798,327,000 | 6,940,502,000 |
Net investment in leases, net | 278,270,000 | 282,439,000 |
Unconsolidated equity method investment | 43,709,000 | 42,710,000 |
Other assets | 267,907,000 | 271,807,000 |
Total assets | 7,833,555,000 | 7,679,953,000 |
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
LIABILITIES | ||
Borrowings from secured financings, net | 636,410,000 | 875,397,000 |
Term Financings - Notes Payable to Banks | 643,200,000 | 883,451,000 |
Borrowings from unsecured financings, net | 3,823,665,000 | 3,823,099,000 |
4.125 - Senior Notes due 2024(2) - Senior Notes | 0 | 500,000,000 |
5.25% - Senior Notes due 2025 - Senior Notes | 650,000,000 | 650,000,000 |
4.25% - Senior Notes due 2026 - Senior Notes | 650,000,000 | 650,000,000 |
2.85% - 2.850% Senior Notes due 2028 - Senior Notes | 750,000,000 | 750,000,000 |
6.50% - 6.500% Senior Notes due 2028 - Senior Notes | 650,000,000 | 650,000,000 |
5.95% - Senior Notes due 2029 - Senior Notes | 650,000,000 | 650,000,000 |
5.75% - Senior Notes due 2031 - Senior Notes | 500,000,000 | 0 |
Revolving Credit Facility - Line of Credit | 20,000,000 | 20,000,000 |
Accounts payable, accrued expenses and other liabilities | 212,315,000 | 219,588,000 |
Lease rentals received in advance | 62,894,000 | 52,654,000 |
Security deposits | 71,689,000 | 69,544,000 |
Maintenance payments | 558,568,000 | 505,897,000 |
Total liabilities | 5,365,541,000 | 5,546,179,000 |
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, 2024 and February 29, 2024 | 0 | 0 |
Common shares, $0.01 par value, 250,000,000 shares authorized, 17,840 and 15,564 shares issued and outstanding at August 31, 2024 and February 29, 2024, respectively | 0 | 0 |
Additional paid-in capital | 2,378,774,000 | 2,078,774,000 |
Retained earnings | 89,240,000 | 55,000,000 |
Total shareholders’ equity | 2,468,014,000 | 2,133,774,000 |
Common Shares | 0 | 0 |
Preferred Stock | 0 | 0 |
Additional Paid-In Capital | 2,378,774,000 | 2,078,774,000 |
Retained Earnings | 89,240,000 | 55,000,000 |
Total liabilities and shareholders’ equity | 7,833,555,000 | 7,679,953,000 |
Common Stock, Shares, Outstanding | 15,564 | 17,840 |
Common Shares | 17,840 | 15,564 |