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Flight Equipment Held for Sale
9 Months Ended
Sep. 30, 2019
Flight Equipment held for sale  
Flight Equipment Held for Sale

Note 12.  Flight Equipment Held for Sale

As of September 30, 2019, we had six aircraft, with a carrying value of $208.5 million, which were held for sale and included in Flight equipment subject to operating leases on the Consolidated Balance Sheets. We expect the sale of all six aircraft to be completed in 2019. We cease recognition of depreciation expense once an aircraft is classified as held for sale. As of December 31, 2018, we had six aircraft classified as held for sale, with a carrying value of $241.6 million.