Commitments and Contingencies

9 Months Ended

Sep. 30, 2013

Commitments and Contingencies

Commitments and Contingencies

Note 4. Commitments and Contingencies

Aircraft Acquisition

As of September 30, 2013 we had commitments to acquire a total of 338 new aircraft for delivery as follows:

Aircraft Type	2013	2014	2015	2016	2017	Thereafter	Total
Airbus A320/321-200	4	13	6	—	—	—	23
Airbus A320/321 NEO	—	—	—	3	12	35	50
Airbus A350-900/1000(1)	—	—	—	—	—	30	30
Boeing 737-800	6	13	18	17	11	—	65
Boeing 737-8/9 MAX(2)	—	—	—	—	—	104	104
Boeing 777-300ER	—	5	9	1	—	—	15
Boeing 787-9/10	—	—	—	—	1	44	45
ATR 72-600	1	4	1	—	—	—	6
Total	11	35	34	21	24	213	338

(1) As of September 30, 2013, five of the Airbus A350-1000 aircraft were subject to reconfirmation.

(2) As of September 30, 2013, 20 of the Boeing 737-8 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 $28.1 billion at September 30, 2013 are as follows (in thousands):

Years ending December 31,
2013	$	609,148
2014	2,311,910
2015	2,235,724
2016	1,312,001
2017	1,625,100
Thereafter	20,020,467
Total	$	28,114,350

We have made non-refundable deposits on the aircraft for which we have commitments to purchase of $966.7 million and $564.7 million as of September 30, 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.