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CONDENSED, CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES AND OTHER INCOME        
Rental of flight equipment $ 1,097,280 $ 1,116,914 $ 3,320,711 $ 3,369,288
Flight equipment marketing and gain on aircraft sales 10,503 3,791 25,176 6,640
Interest and other 34,089 2,448 81,848 41,270
Total revenues and other income 1,141,872 1,123,153 3,427,735 3,417,198
EXPENSES        
Interest 386,769 388,442 1,165,844 1,203,010
Depreciation of flight equipment 482,098 466,334 1,440,502 1,375,745
Aircraft impairment charges on flight equipment held for use 61,237 1,515,343 102,662 1,521,881
Aircraft impairment charges and fair value adjustments on flight equipment sold or to be disposed of 35,932 9,945 88,059 158,332
Loss on early extinguishment of debt     22,934 61,093
Flight equipment rent 4,500 4,500 13,500 13,500
Aircraft costs 49,638 12,038 95,795 38,041
Selling, general and administrative 61,399 46,915 191,604 115,715
Other expenses 32,743 16,590 33,159 48,407
Total expenses 1,114,316 2,460,107 3,154,059 4,535,724
INCOME (LOSS) BEFORE INCOME TAXES 27,556 (1,336,954) 273,676 (1,118,526)
Provision (benefit) for income taxes - Note C 9,964 (457,413) (65,990) (382,149)
NET INCOME (LOSS) $ 17,592 $ (879,541) $ 339,666 $ (736,377)