v3.25.2
Borrowings from Secured and Unsecured Debt Financings (Tables)
 3 Months Ended
May 31, 2025
Debt Disclosure [Abstract]  
Outstanding amounts of secured and unsecured term debt financings
The outstanding amounts of our secured and unsecured debt financings were as follows:
 
At May 31, 2025
At
February 28, 2025
Debt ObligationOutstanding
Borrowings		Number of AircraftInterest RateFinal Stated
Maturity		Outstanding
Borrowings
Secured Debt Financings:
Secured Term Financings(1)
$116,663 4
2.36% to 4.14%
11/30/31 to 06/27/32$509,104 
Less: Debt issuance costs and discounts(2,055)(6,495)
Total secured debt financings, net of debt issuance costs and discounts114,608 502,609 
Unsecured Debt Financings:
Senior Notes due 2025650,000 5.25%08/11/25650,000 
Senior Notes due 2026650,000 4.25%06/15/26650,000 
2.850% Senior Notes due 2028750,000 2.85%01/26/28750,000 
6.500% Senior Notes due 2028650,000 6.50%07/18/28650,000 
Senior Notes due 2029650,000 5.95%02/15/29650,000 
Senior Notes due 2030500,000 5.25%03/15/30500,000 
Senior Notes due 2031500,000 5.75%10/01/31500,000 
Unsecured Term Loan600,000 5.66%04/28/30— 
Revolving Credit Facilities20,000 
6.46%
01/31/27150,000 
   Less: Debt issuance costs and discounts(50,323)(47,219)
Total unsecured debt financings, net of debt issuance costs and discounts4,919,677 4,452,781 
Total secured and unsecured debt financings, net of debt issuance costs and discounts$5,034,285 $4,955,390 
        
(1)The borrowings under these financings at May 31, 2025, have a weighted average fixed rate of interest of 3.10%.