AIRCRAFT AND ENGINES HELD FOR LEASE AND LEASE, NET - Components (Details) - USD ($) $ in Thousands |
12 Months Ended | ||
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Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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Aircraft and Engines | |||
Aircraft and engines held for lease | $ 96,910 | $ 58,136 | |
Less accumulated depreciation | (29,063) | (31,661) | |
Property held for operating leases, net | 67,847 | 26,475 | |
Impairment of leased assets | 0 | 0 | $ 900 |
Depreciation expense | 8,416 | 4,597 | 6,606 |
Contingent rental fees | $ 11,717 | $ 7,693 | $ 12,776 |
Flight Equipment | |||
Aircraft and Engines | |||
Lease term (in years) | 6 years |
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of property, plant, and equipment excluding underlying asset under operating lease, over the assets' useful lives. No definition available.
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- Definition Expenses incurred related to the lease of aircraft from outside third parties that are used in the entity's business operations. No definition available.
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- Definition The adjustment to reduce the value of existing agreements that specify the lessee's rights to use the leased property. This expense is charged when the estimates of future profits generated by the leased property are reduced. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Term of lessor's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of accumulated depreciation of lessor's underlying asset for which right to use has been conveyed to lessee under operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount, before accumulated depreciation, of lessor's underlying asset for which right to use has been conveyed to lessee under operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount, after accumulated depreciation, of lessor's underlying asset for which right to use has been conveyed to lessee under operating lease. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- References No definition available.
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- Details
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