Quarterly report pursuant to Section 13 or 15(d)

LEASE RENTAL REVENUES AND AIRCRAFT AND ENGINES HELD FOR LEASE (Tables)

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LEASE RENTAL REVENUES AND AIRCRAFT AND ENGINES HELD FOR LEASE (Tables)
3 Months Ended
Mar. 31, 2024
LEASE RENTAL REVENUES AND AIRCRAFT AND ENGINES HELD FOR LEASE  
Summary of aircraft and engines held for operating leases, net

Aircraft and engines held for operating leases, net, as of the below dates consisted of the following (in thousands):

    

March 31, 2024

    

December 31, 2023

Aircraft and engines held for lease

$

52,055

$

58,136

Less accumulated depreciation

 

(28,793)

 

(31,661)

$

23,262

$

26,475

Summary of minimum future annual lease rentals contracted to be received under existing operating leases of flight equipment Minimum future annual lease rentals contracted to be received under existing operating leases of Flight Equipment were as follows (in thousands):

Year ending December 31:

    

Remaining nine months of 2024

$

5,363

2025

903

2026

 

599

2027

549

Total minimum lease payments

$

7,414