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Net Investment in Leases, Net
 9 Months Ended
Nov. 30, 2024
Leases [Abstract]  
Net Investment in Leases, Net Net Investment in Leases, Net
At November 30, 2024 and February 29, 2024, our net investment in leases consisted of 14 aircraft and 15 aircraft, respectively. The components of our net investment in leases at November 30, 2024 and February 29, 2024, were as follows:
November 30, 2024February 29, 2024
Lease receivable$125,472 $142,983 
Unguaranteed residual value of flight equipment140,038 147,170 
Net investment leases265,510 290,153 
Allowance for credit losses(6,871)(7,714)
Net investment in leases, net$258,639 $282,439 
At November 30, 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)$5,650 
202616,589 
202725,260 
202826,263 
202925,994 
Thereafter65,143 
Total lease payments to be received164,899 
Present value of lease payments - lease receivable(125,472)
Difference between undiscounted lease payments and lease receivable$39,427