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)
9 Months Ended
Sep. 30, 2023
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 lease, net, as of the below dates consisted of the following (in thousands):

    

September 30, 2023

    

December 31, 2022

Aircraft and engines held for lease

$

64,430

$

83,902

Less accumulated depreciation

 

(34,334)

 

(52,614)

$

30,096

$

31,288

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:

    

Remainder of 2023

$

1,256

2024

1,010

Total minimum lease payments

$

2,266