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Net Investment in Leases, Net
9 Months Ended
Nov. 30, 2025
Leases [Abstract]  
Net Investment in Leases, Net Net Investment in Leases, Net
At November 30, 2025 and February 28, 2025, our net investment in leases consisted of 13 and 14 aircraft, respectively. The components were as follows:
November 30, 2025February 28, 2025
Lease receivable$108,200 $121,202 
Unguaranteed residual value of flight equipment136,662 142,849 
Net investment leases244,862 264,051 
Allowance for credit losses(6,116)(6,802)
Net investment in leases, net$238,746 $257,249 
At November 30, 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)$8,014 
202724,339 
202824,407 
202923,930 
203017,729 
Thereafter37,264 
Total lease payments to be received135,683 
Present value of lease payments - lease receivable(108,200)
Difference between undiscounted lease payments and lease receivable$27,483