Lease Rental Revenues

6 Months Ended

Aug. 31, 2024

Leases [Abstract]

Lease Rental Revenues

Note 4. Lease Rental Revenues

Minimum future lease rentals contracted to be received under our existing operating leases of flight equipment at August 31, 2024 were as follows:

Year Ending February 28/29,	Amount(1)
2025 (Remainder of fiscal year)	$	326,347
2026	606,769
2027	531,015
2028	426,904
2029	345,978
Thereafter	875,474
Total	$	3,112,487

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(1)Reflects impact of lessee lease rental deferrals.

At August 31, 2024 and February 29, 2024, the amounts of lease incentive liabilities recorded in maintenance payments on our consolidated balance sheets were $33.3 million and $26.6 million, respectively.