Rent expense, primarily for the corporate office and sales and marketing facilities, was $0.5 million and $0.6 million for the three months ended May 31, 2024 and 2023, respectively.

As of May 31, 2024, Aircastle is obligated under non-cancelable operating leases relating principally to office facilities in Stamford, Connecticut; Dublin, Ireland; and Singapore for future minimum lease payments as follows:


Year Ending February 28/29,	Amount
2025 (Remainder of fiscal year)	$	2,206
2026	2,781
2027	2,720
2028	2,751
2029	1,958
Thereafter	15,601
Total	$	28,017

At May 31, 2024, we had commitments to purchase 15 aircraft for $502.5 million.

At May 31, 2024, commitments, including $34.4 million of remaining progress payments, contractual price escalations and other adjustments for these aircraft, net of amounts already paid, were as follows:


Year Ending February 28/29,	Amount
2025 (Remainder of fiscal year)	$	199,505
2026	205,100
2027	97,877
2028	—
2029	—
Thereafter	—

Total	$	502,482