Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2026

Commitments and Contingencies Disclosure [Abstract]

Schedule of Contractual Commitments to Acquire Aircraft

The following table shows the Company’s contractual delivery commitment schedule as of March 31, 2026:

	Estimated Delivery Years
Aircraft Type	Last 9 months of 2026	2027	2028	2029	2030	Thereafter	Total
Airbus A220-100/300	1	8	14	8	—	—	31
Airbus A320/321neo(1)	18	38	34	34	—	—	124
Airbus A330-900neo	1	—	—	—	—	—	1
Boeing 737-8/9 MAX	16	21	2	—	—	5	44
Boeing 787-9/10	5	1	—	—	—	—	6
Total(2)	41	68	50	42	—	5	206
(1) The Company’s Airbus A320/321neo aircraft orders include 13 long-range variants and 48 extra long-range variants.
(2) On April 8, 2026, in connection with the closing of the Merger, SMBC AC acquired the Company’s rights for the outstanding orderbook for undelivered aircraft.

Schedule of Commitments for the Acquisition of the Aircraft, at an Estimated Aggregate Purchase Price

Commitments for the acquisition of these aircraft, calculated at an estimated aggregate commitment (including adjustments for anticipated inflation) of approximately $11.8 billion as of March 31, 2026, are as follows:

Years ending December 31,	(in thousands)
2026 (excluding the three months ended March 31, 2026)	$	2,733,318
2027	3,889,430
2028	2,664,185
2029	2,130,588
2030	47,000
Thereafter	300,841
Total	$	11,765,362