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Net Investment in Leases, Net
 6 Months Ended
Aug. 31, 2024
Leases [Abstract]  
Net Investment in Leases, Net Net Investment in Leases, Net
At August 31, 2024 and February 29, 2024, our net investment in leases consisted of 15 aircraft. The components of our net investment in leases at August 31, 2024 and February 29, 2024, were as follows:
August 31, 2024February 29, 2024
Lease receivable$133,839 $142,983 
Unguaranteed residual value of flight equipment151,914 147,170 
Net investment leases285,753 290,153 
Allowance for credit losses(7,483)(7,714)
Net investment in leases, net$278,270 $282,439 
At August 31, 2024, future lease payments to be received under our net investment in leases were as follows:
Year Ending February 28/29,Amount
2025 (Remainder of fiscal year)$14,016 
202617,262 
202726,160 
202827,163 
202926,716 
Thereafter65,194 
Total lease payments to be received176,511 
Present value of lease payments - lease receivable(133,839)
Difference between undiscounted lease payments and lease receivable$42,672