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Net Investment in Leases, Net
6 Months Ended
Aug. 31, 2025
Leases [Abstract]  
Net Investment in Leases, Net Net Investment in Leases, Net
At August 31, 2025 and February 28, 2025, our net investment in leases consisted of 14 aircraft. The components were as follows:
August 31, 2025February 28, 2025
Lease receivable$115,341 $121,202 
Unguaranteed residual value of flight equipment145,591 142,849 
Net investment leases260,932 264,051 
Allowance for credit losses(6,528)(6,802)
Net investment in leases, net$254,404 $257,249 
At August 31, 2025, future lease payments to be received under our net investment in leases were as follows:
Year Ending February 28/29,Amount
2026 (Remainder of fiscal year)$13,313 
202726,559 
202826,316 
202925,970 
203015,579 
Thereafter37,656 
Total lease payments to be received145,393 
Present value of lease payments - lease receivable(115,341)
Difference between undiscounted lease payments and lease receivable$30,052