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Flight equipment subject to operating lease (Tables)
3 Months Ended
Mar. 31, 2025
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 three months ended March 31, 2025:

(in thousands)
Net book value as of December 31, 2024$28,170,466 
Purchase of flight equipment830,016 
Depreciation(299,019)
Flight equipment subject to operating leases reclassified to flight equipment held for sale(60,572)
Transfer of flight equipment to investment in sales-type lease(33,778)
Net book value as of March 31, 2025$28,607,113 
Accumulated depreciation as of March 31, 2025$(6,268,070)