10-K
Annual Report
AIRCASTLE LIMITED
CIK: 1362988
File #: 001-32959
Balance Sheet
45 line items · 2 periods
XBRL
| Item | Feb 28, 2026 | Feb 28, 2025 |
|---|---|---|
ASSETS | ||
Cash and cash equivalents | 179,889,000 | 279,052,000 |
Accounts receivable | 18,239,000 | 9,662,000 |
Flight equipment held for lease, net | 8,267,353,000 | 7,644,867,000 |
Flight Equipment | 8,267,353,000 | 7,644,867,000 |
UNITED STATES | 1,516,062,000 | 1,223,496,000 |
INDIA | 1,161,997,000 | 1,046,978,000 |
Equity Method Investee | 146,500,000 | — |
Net investment in leases, net | 267,085,000 | 257,249,000 |
Unconsolidated equity method investment | 47,540,000 | 45,813,000 |
Other assets | 209,680,000 | 273,521,000 |
Total assets | 8,989,786,000 | 8,510,164,000 |
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
LIABILITIES | ||
Borrowings from secured financings, net | 112,355,000 | 502,609,000 |
Bank Financings - Notes Payable to Banks | 114,177,000 | 509,104,000 |
Secured Debt | 112,355,000 | 502,609,000 |
Borrowings from unsecured financings, net | 5,139,411,000 | 4,452,781,000 |
Senior Notes Due 2025 - Senior Notes | 0 | 650,000,000 |
Senior Notes Due 2026 - Senior Notes | 650,000,000 | 650,000,000 |
Senior Notes Due 2028 - Senior Notes | 750,000,000 | 750,000,000 |
6.500% Senior Notes Due 2028 - Senior Notes | 650,000,000 | 650,000,000 |
5.950% Senior Notes Due 2029 - Senior Notes | 650,000,000 | 650,000,000 |
5.25% Senior Notes Due 2030 - Senior Notes | 500,000,000 | 500,000,000 |
5.00% - 5.000% Senior Notes Due 2030 - Senior Notes | 650,000,000 | 0 |
Senior Notes due 2031 - Senior Notes | 500,000,000 | 500,000,000 |
DBJ Term Loan - Term Loan | 600,000,000 | 0 |
Revolving Credit Facility - Line of Credit | 240,000,000 | 150,000,000 |
Unsecured Debt | 5,139,411,000 | 4,452,781,000 |
Accounts payable, accrued expenses and other liabilities | 381,274,000 | 295,132,000 |
Lease rentals received in advance | 63,514,000 | 68,120,000 |
Security deposits | 65,424,000 | 82,477,000 |
Maintenance payments | 560,157,000 | 583,658,000 |
Total liabilities | 6,322,135,000 | 5,984,777,000 |
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 February 28, 2026 and 2025 | 0 | 0 |
Common shares, $0.01 par value, 250,000,000 shares authorized, 17,840 shares issued and outstanding at February 28, 2026 and 2025 | 0 | 0 |
Additional paid-in capital | 2,378,774,000 | 2,378,774,000 |
Retained earnings | 288,877,000 | 146,613,000 |
Total shareholders’ equity | 2,667,651,000 | 2,525,387,000 |
Common Stock | 0 | 0 |
Preferred Stock | 0 | 0 |
Additional Paid-In Capital | 2,378,774,000 | 2,378,774,000 |
Retained Earnings (Accumulated Deficit) | 288,877,000 | 146,613,000 |
Total liabilities and shareholders’ equity | 8,989,786,000 | 8,510,164,000 |