XML 32 R21.htm IDEA: XBRL DOCUMENT v3.23.1
Flight Equipment Held for Sale
3 Months Ended
Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Flight Equipment Held for Sale Flight Equipment Held for SaleAs of March 31, 2023, the Company had six aircraft, with a carrying value of $222.5 million, which were held for sale and included in Flight equipment subject to operating leases on the Consolidated Balance Sheets. During the three months ended March 31, 2023, the Company completed the sale of two aircraft from its held for sale portfolio. The Company expects the sale of all six aircraft to be completed within the next two quarters. The Company ceases recognition of depreciation expense once an aircraft is classified as held for sale. As of December 31, 2022, the Company had four aircraft, with a carrying value of $153.5 million, which were held for sale and included in Flight equipment subject to operating leases on the Consolidated Balance Sheets.