Annual report pursuant to Section 13 and 15(d)

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

v3.22.0.1
AIRCRAFT AND ENGINES HELD FOR LEASE AND LEASE RENTAL (Tables)
12 Months Ended
Dec. 31, 2021
AIRCRAFT AND ENGINES HELD FOR LEASE AND LEASE RENTAL  
Summary of aircraft and engines held for operating leases, net

    

December 31, 2021

    

December 31, 2020

Aircraft and engines held for operating leases

$

197,397

$

228,942

Less accumulated depreciation

 

(124,033)

 

(142,098)

$

73,364

$

86,844

Schedule of total depreciation expense included in cost of leasing in the consolidated statement of operations, excluding amounts for assets leased to AerLine

Year ended December 31, 

    

2021

    

2020

    

2019

Depreciation expense

$

8,869

$

19,976

$

27,064

Schedule of contingent rental fees recognized as revenues related to supplemental rent

Year ended December 31, 

    

2021

    

2020

    

2019

Contingent rental fees

$

8,218

$

11,851

$

21,550

Summary of minimum future annual lease rentals contracted to be received under existing operating leases of flight equipment

Year ending December 31:

    

2022

$

22,575

2023

 

3,228

Total minimum lease payments

$

25,803