Rent expense, primarily for the corporate office and sales and marketing facilities, was $1.9 million, $2.3 million and $2.1 million for the years ended February 28, 2025, February 29, 2024 and February 28, 2023, respectively.

As of February 28, 2025, Aircastle is obligated under non-cancelable operating leases relating principally to office facilities in the United States, Ireland and Singapore for future minimum lease payments as follows:


Year Ending February 28/29,	Amount
2026	$	2,742
2027	2,680
2028	2,712
2029	1,918
2030	1,109
Thereafter	13,956
Total	$	25,117

At February 28, 2025, we had commitments to acquire 20 aircraft for $771.7 million.

Commitments under signed purchase agreements, including $34.4 million of remaining progress payments, contractual price escalations and other adjustments for these aircraft at February 28, 2025, net of amounts already paid, were as follows:


Year Ending February 28/29,	Amount
2026	$	524,734
2027	83,951
2028	162,991
2029	—
2030	—
Thereafter	—
Total	$	771,676