Lease Rental Revenues and Flight Equipment Held for Lease

3 Months Ended

May 31, 2023

Leases [Abstract]

Lessor, Operating Leases [Text Block]

Note 4. Lease Rental Revenues

Minimum future lease rentals contracted to be received under our existing operating leases of flight equipment at May 31, 2023 were as follows:

Year Ending February 28/29,	Amount(1)
2024 (Remainder of fiscal year)	$	451,869
2025	528,826
2026	414,434
2027	348,453
2028	278,390
Thereafter	833,985
Total	$	2,855,957

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(1)Reflects impact of lessee lease rental deferrals.

At May 31, 2023 and February 28, 2023, the amounts of lease incentive liabilities recorded in maintenance payments on our consolidated balance sheets were $26.0 million and $22.4 million, respectively.