Company: AYR
Filing Date: 2025-10-09
Form Type: 10-Q
Source: 0001628280-25-044676
Chunk: 61

Company: Aircastle LTD
Filing Date: 2025-10-09
Form: 10-Q
Item: Part I, Item 8
Chunk 61
---
 were as follows:Year Ending February 28/29,Amount2026 (Remainder of fiscal year)$13,313 202726,559 202826,316 202925,970 203015,579 Thereafter37,656 Total lease payments to be received145,393 Present value of lease payments - lease receivable(115,341)Difference between undiscounted lease payments and lease receivable$30,052 

13

Aircastle Limited and SubsidiariesNotes to Unaudited Consolidated Financial Statements(Dollars in thousands, except per share amounts)August 31, 2025

Note 6. Concentration of Risk

The classification of regions in the tables below is based on our customers’ principal place of business.The geographic concentration of the net book value of our fleet (flight equipment held for lease and net investment in leases, or “Net Book Value”) as of August 31, 2025 and February 28, 2025, was as follows: August 31, 2025February 28, 2025RegionNumberofAircraftNet BookValue %NumberofAircraftNet BookValue %Asia and Pacific67 26 %67 28 %Europe85 25 %99 30 %Middle East and Africa14 6 %11 5 %North America73 33 %58 26 %South America31 10 %29 11 %Off-lease— — %1 — %Total270 100 %265 100 %The following table sets forth individual countries representing at least 10% of our Net Book Value as of August 31, 2025 and February 28, 2025: August 31, 2025February 28, 2025CountryNet BookValueNet BookValue %NumberofLesseesNet BookValueNet BookValue %NumberofLesseesUnited States$1,756,318 21%8$1,223,496 16%7India1,051,769 13%31,046,978 14%3The geographic concentration of our lease rental revenue earned from flight equipment held for lease was as follows: Three Months Ended August 31,Six Months Ended August 31,Region2025202420252024Asia and Pacific26 %28 %27 %28 %Europe27