Other Assets (Tables)

3 Months Ended

May 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Principal components of other assets

Other assets consisted of the following as of May 31, 2024, and February 29, 2024:

	May 31, 2024		February 29, 2024
Deferred income tax asset	$	48	$	48
Lease incentives and premiums, net of accumulated amortization of $94,852 and $90,408, respectively	47,024		37,459
Flight equipment held for sale	24,438		19,190
Aircraft purchase deposits and Embraer E-2 progress payments	42,353		42,784
Right-of-use asset(1)	15,712		16,053
Deferred rent receivable, net(2)	12,908		15,825
Investments, at fair value(3)	9,730		10,160
Other investments, net(2)(3)	5,079		5,079
Other assets	121,166		125,209
Total other assets	$	278,458	$	271,807

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(1)Net of lease incentives and tenant allowances.

(2)Net of an allowance for credit losses – see Note 15.

(3)See Note 2.