10-K
Annual Report
AIRCASTLE LIMITED
CIK: 1362988
File #: 001-32959
Balance Sheet
44 line items · 2 periods
XBRL
| Item | Feb 28, 2025 | Feb 29, 2024 |
|---|---|---|
ASSETS | ||
Cash and cash equivalents | 279,052,000 | 129,977,000 |
Accounts receivable | 9,662,000 | 12,518,000 |
Flight equipment held for lease, net | 7,644,867,000 | 6,940,502,000 |
Flight Equipment | 7,644,867,000 | 6,940,502,000 |
UNITED STATES | 1,223,496,000 | 806,162,000 |
INDIA | 1,046,978,000 | 750,498,000 |
Equity Method Investee | 244,300,000 | — |
Net investment in leases, net | 257,249,000 | 282,439,000 |
Unconsolidated equity method investment | 45,813,000 | 42,710,000 |
Other assets | 273,521,000 | 271,807,000 |
Total assets | 8,510,164,000 | 7,679,953,000 |
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
LIABILITIES | ||
Borrowings from secured financings, net | 502,609,000 | 875,397,000 |
Bank Financings - Notes Payable to Banks | 509,104,000 | 883,451,000 |
Secured Debt | 502,609,000 | 875,397,000 |
Borrowings from unsecured financings, net | 4,452,781,000 | 3,823,099,000 |
Senior Notes Due 2024 - Senior Notes | 0 | 500,000,000 |
Senior Notes Due 2025 - Senior Notes | 650,000,000 | 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 | 0 |
Senior Notes due 2031 - Senior Notes | 500,000,000 | 0 |
Revolving Credit Facility - Line of Credit | 150,000,000 | 20,000,000 |
Unsecured Debt | 4,452,781,000 | 3,823,099,000 |
Accounts payable, accrued expenses and other liabilities | 295,132,000 | 219,588,000 |
Lease rentals received in advance | 68,120,000 | 52,654,000 |
Security deposits | 82,477,000 | 69,544,000 |
Maintenance payments | 583,658,000 | 505,897,000 |
Total liabilities | 5,984,777,000 | 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 February 28, 2025 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 February 28, 2025 and February 29, 2024, respectively | 0 | 0 |
Additional paid-in capital | 2,378,774,000 | 2,078,774,000 |
Retained earnings | 146,613,000 | 55,000,000 |
Total shareholders’ equity | 2,525,387,000 | 2,133,774,000 |
Common Stock | 0 | 0 |
Preferred Stock | 0 | 0 |
Additional Paid-In Capital | 2,378,774,000 | 2,078,774,000 |
Retained Earnings (Accumulated Deficit) | 146,613,000 | 55,000,000 |
Total liabilities and shareholders’ equity | 8,510,164,000 | 7,679,953,000 |