XML 60 R49.htm IDEA: XBRL DOCUMENT v3.20.2
Secured and Unsecured Debt Financings (Details)
$ in Thousands
6 Months Ended
Feb. 29, 2020
Aircraft
Jun. 30, 2020
USD ($)
Aircraft
Dec. 31, 2019
USD ($)
Debt Instrument [Line Items]      
Number of Aircraft Impaired | Aircraft   20  
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from secured financings   $ 974,167 $ 1,129,345
Number of Aircraft Financed | Aircraft   36  
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 4,137,590 3,932,491
Total secured and unsecured debt financings   $ 5,111,757 5,061,836
Line of Credit | Revolving Credit Facility      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts     150,000
ECA Term Financings | Secured Debt      
Outstanding amounts of secured and unsecured term debt financings      
Number of Aircraft Financed | Aircraft   2  
ECA Term Financings | Notes Payable, Other Payables      
Debt Instrument [Line Items]      
Debt, Weighted Average Interest Rate   3.60%  
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from secured financings   $ 45,443 147,644
ECA Term Financings | Minimum | Notes Payable, Other Payables      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   3.488%  
ECA Term Financings | Maximum | Notes Payable, Other Payables      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   3.96%  
Bank Financings | Secured Debt      
Outstanding amounts of secured and unsecured term debt financings      
Number of Aircraft Financed | Aircraft   34  
Bank Financings | Notes Payable, Other Payables      
Debt Instrument [Line Items]      
Debt, Weighted Average Interest Rate   3.21%  
Bank Financings | Notes Payable to Banks      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from secured financings   $ 937,605 993,593
Bank Financings | Minimum | Notes Payable to Banks      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   2.1836%  
Bank Financings | Maximum | Notes Payable to Banks      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   4.55%  
2013 Revolving Credit Facility | Line of Credit | Revolving Credit Facility      
Outstanding amounts of secured and unsecured term debt financings      
Line of Credit Facility, Fair Value of Amount Outstanding   $ 650,000  
Secured Debt      
Outstanding amounts of secured and unsecured term debt financings      
Debt Issuance Cost   (8,881) (11,892)
Senior Notes Due 2020 | Senior Notes      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 0 300,000
Interest rate   7.625%  
Senior Notes due 2021 | Senior Notes      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 500,000 500,000
Interest rate   5.125%  
Senior Notes due 2022 | Senior Notes      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 500,000 500,000
Interest rate   5.50%  
Senior Notes Due 2023 | 5.00 | Senior Notes      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 500,000 500,000
Interest rate   5.00%  
Senior Notes Due 2023 | 4.40% | Senior Notes      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 650,000 650,000
Interest rate   4.40%  
Senior Notes Due 2024 | Senior Notes      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 500,000 500,000
Interest rate   4.125%  
Floating Rate Term Loan | Notes Payable to Banks      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   1.78%  
Floating Rate Term Loan | Floating Rate Term Loan      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 215,000 215,000
Floating Rate Term Loan | Minimum | Notes Payable to Banks      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   1.7797%  
Floating Rate Term Loan | Maximum | Notes Payable to Banks      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   1.7797%  
Revolving Credit Facility | Minimum | Line of Credit      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   1.5564%  
Revolving Credit Facility | Maximum | Line of Credit      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   1.5709%  
Unsecured Debt      
Outstanding amounts of secured and unsecured term debt financings      
Debt Issuance Cost   $ (27,410) (32,509)
Senior Notes Due 2026 [Member] | Senior Notes      
Outstanding amounts of secured and unsecured term debt financings      
Borrowings from unsecured financings, net of debt issuance costs and discounts   $ 650,000 $ 650,000
Senior Notes Due 2026 [Member] | 4.25% [Member] | Senior Notes      
Outstanding amounts of secured and unsecured term debt financings      
Interest rate   4.25%  
South African Airways [Member]      
Debt Instrument [Line Items]      
Number of Aircraft Impaired | Aircraft 4    
Air Knight VIEs | Variable Interest Entity, Primary Beneficiary [Member] | South African Airways [Member] | ECA Term Financings      
Debt Instrument [Line Items]      
Number of Aircraft Impaired | Aircraft 4