Commitments and Contingencies

3 Months Ended

Mar. 31, 2013

Commitments and Contingencies

Commitments and Contingencies

Note 4. Commitments and Contingencies

Aircraft Acquisition

As of March 31, 2013 and through May 9, 2013, we had commitments to acquire a total of 323 new aircraft for delivery as follows:

Aircraft Type	2013	2014	2015	2016	2017	Thereafter	Total
Airbus A320/321-200	9	13	6	—	—	—	28
Airbus A320/321 NEO	—	—	—	3	12	35	50
Airbus A330-200/300	2	—	—	—	—	—	2
Airbus A350-900/1000(1)	—	—	—	—	—	30	30
Boeing 737-800	12	13	17	18	11	4	75
Boeing 737-8/9 MAX(2)	—	—	—	—	—	100	100
Boeing 777-300ER	—	6	8	1	—	—	15
Boeing 787-9	—	—	—	—	1	11	12
ATR 72-600	6	4	1	—	—	—	11
Total	29	36	32	22	24	180	323

(1) As of May 9, 2013, five of the Airbus A350-900/1000 aircraft were subject to reconfirmation.

(2) As of May 9, 2013, 20 of the Boeing 737-8/9 MAX aircraft were subject to reconfirmation.

Commitments for the acquisition of these aircraft and other equipment at an estimated aggregate purchase price (including adjustments for inflation) of approximately $22.9 billion at March 31, 2013 and through May 9, 2013 are as follows (in thousands):

Years ending December 31,
2013	$	1,387,197
2014	2,225,998
2015	2,010,361
2016	1,312,235
2017	1,559,400
Thereafter	14,449,731
Total	$	22,944,922

We have made non-refundable deposits on the aircraft for which we have commitments to purchase of $776.5 million and $564.7 million as of March 31, 2013 and December 31, 2012, respectively, which are subject to manufacturer performance commitments. If we are unable to satisfy our purchase commitments, we may forfeit our deposits. Further, we would be subject to breach of contract claims by our lessees and manufacturers.