Rent expense, primarily for the corporate office and sales and marketing facilities, was $0.5 million and $0.6 million, and $1.5 million and $1.8 million for the three and nine months ended November 30, 2024 and 2023, respectively.

As of November 30, 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)	$	731
2026	2,754
2027	2,691
2028	2,723
2029	1,929
Thereafter	15,214
Total	$	26,042

At November 30, 2024, we had commitments to purchase 32 aircraft for $1.4 billion.

At November 30, 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)	$	592,534
2026	586,456
2027	202,295
2028	30,691
2029	—
Thereafter	—

Total	$	1,411,976