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Net Investment in Leases, Net
 6 Months Ended
Aug. 31, 2026
Leases [Abstract]  
Net Investment in Leases, Net Net Investment in Leases, Net
As of August 31, 2026 and February 28, 2026, the Company’s net investment in leases comprised 12 and 14 aircraft, respectively. The decrease was primarily attributable to the classification of 2 aircraft subject to sales-type leases as held for sale as of August 31, 2026.
The components of our net investment in leases as of August 31, 2026 and February 28, 2026 were as follows:
August 31, 2026February 28, 2026
Lease receivable$102,634 $119,712 
Unguaranteed residual value of flight equipment145,369 153,472 
Net investment leases248,003 273,184 
Allowance for credit losses(5,806)(6,099)
Net investment in leases, net$242,197 $267,085 
As of August 31, 2026, future lease payments under net investment in leases were as follows:
Year Ending February 28/29,Amount
2027 (Remainder of fiscal year)$11,618 
202823,327 
202923,010 
203020,329 
203122,797 
Thereafter28,650 
Total lease payments to be received129,731 
Present value of lease payments - lease receivable(102,634)
Difference between undiscounted lease payments and lease receivable$27,097