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Flight equipment subject to operating lease (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Flight Equipment Subject to Operating Lease
The following table summarizes the activities for the Company’s flight equipment subject to operating lease for the year ended December 31, 2024:

(in thousands)
Net book value as of December 31, 2023$26,231,208 
Purchase of aircraft5,010,146 
Depreciation(1,143,761)
Flight equipment subject to operating leases reclassified to flight equipment held for sale(1,821,084)
Transfer of flight equipment to investment in sales-type lease(106,043)
Net book value as of December 31, 2024$28,170,466 
Accumulated depreciation as of December 31, 2024(5,998,453)