Financing Receivables and Operating Lease Equipment

3 Months Ended

Mar. 31, 2026

Financing Receivables and Operating Lease Equipment [Abstract]

Financing Receivables and Operating Lease Equipment

Financing Receivables and Operating Lease Equipment

During 2025, our financing receivables were fully collected. Our financing arrangements at March 31, 2026, consist solely of operating leases that range in terms from one to four years and may include options to terminate. Certain operating leases include provisions to allow the lessee to purchase the underlying aircraft at a specified price. At March 31, 2026 and December 31, 2025, Operating lease equipment, net, was $389 and $241, and included accumulated depreciation of $64 and $60.

The majority of our operating lease equipment portfolio is concentrated in the following aircraft models:

	March 31 2026	December 31 2025
737 Aircraft	$191	$45
777 Aircraft	$167	$170

Lease income recorded in Sales of services on the Condensed Consolidated Statements of Operations for the three months ended March 31, 2026 and 2025, included $0 and $5 of interest income from sales-type leases and $12 and $12 from operating lease payments.

All financing interest income and variable lease payments on our financing arrangements for the three months ended March 31, 2026 and 2025, were insignificant.