Commitments and Contingencies Commitments and Contingencies (Tables)

9 Months Ended

Nov. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Schedule of obligations uner non-cancelable operating leases

Minimum future annual lease rentals contracted to be received under our existing operating leases of flight equipment at November 30, 2020 were as follows:

Year Ending February 28/29,	Amount(1)
Remainder of 2020	$	175,301
2021	660,667
2022	572,525
2023	500,271
2024	373,021
Thereafter	508,869
Total	$	2,790,654

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(1)Reflects impact of lessee lease rental deferrals.

As of November 30, 2020, 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
Remainder of 2020	$	483
2021	1,923
2022	1,783
2023	1,716
2024	1,747
Thereafter	5,840
Total	$	13,492

Long-term Purchase Commitment

Commitments, including $110,946 of remaining progress payments, contractual price escalations and other adjustments for these aircraft, at November 30, 2020, net of amounts already paid, are as follows:

Year Ending February 28/29,	Amount
Remainder of 2020	$	9,015
2021	181,455
2022	448,408
2023	157,274
2024	84,829
Thereafter	127,115
Total	$	1,008,096