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, 2022
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, 2022

    

December 31, 2021

Aircraft and engines held for operating leases

$

172,486

$

197,397

Less accumulated depreciation

 

(118,907)

 

(124,033)

$

53,579

$

73,364

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 2022

$

6,424

2023

1,026

Total minimum lease payments

$

7,450