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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of Cash Flows [Abstract]      
Net income (loss) $ 1,009,431 $ (294,923) $ 1,166,777
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 1,737,925 1,645,373 1,676,121
Asset impairment 128,409 1,086,983 70,149
Amortization of debt issuance costs, debt discount, debt premium and lease premium 113,981 64,970 79,645
Amortization of fair value adjustments on debt (16,977) (47,279) (79,098)
Maintenance rights write-off [1] 138,780 133,015 244,748
Maintenance liability release to income (273,146) (344,210) (207,849)
Net gain on sale of assets (89,428) (89,618) (188,835)
Deferred tax (benefit) expense (5,905) (20,882) 162,498
Share-based compensation 96,087 69,187 69,410
Collections of finance leases 124,325 68,128 98,365
Gain (loss) on investment at fair value (2,301) 143,510 0
Loss on debt extinguishment 9,713 118,460 0
Transaction and integration-related expenses 186,474 0 0
Other 61,212 252,350 96,117
Changes in operating assets and liabilities:      
Trade receivables 232,119 (128,188) (8,751)
Other assets 112,790 (400,316) (73,646)
Accounts payable, accrued expenses and other liabilities 130,333 (126,177) 31
Net cash provided by operating activities 3,693,822 2,130,383 3,105,682
Purchase of flight equipment (1,703,395) (778,547) (3,359,092)
Proceeds from sale or disposal of assets 796,613 471,437 1,773,766
Prepayments on flight equipment (86,386) (405,178) (1,369,400)
Acquisition of GECAS, net of cash acquired (22,493,195) 0 0
Other 27,427 0 (17)
Net cash used in investing activities (23,458,936) (712,288) (2,954,743)
Issuance of debt 26,496,660 10,946,333 6,539,310
Repayment of debt (5,973,508) (11,560,015) (6,504,830)
Debt issuance and extinguishment costs paid, net of debt premium received (422,260) (253,806) (36,592)
Maintenance payments received 448,516 345,699 736,423
Maintenance payments returned (209,087) (412,492) (352,032)
Security deposits received 210,781 137,130 232,219
Security deposits returned (290,758) (297,469) (233,222)
Dividend paid to non-controlling interest holders and others (323) (2,935) (6,341)
Repurchase of shares and tax withholdings on share-based compensation (76,220) (127,777) (639,941)
Net cash provided by (used in) financing activities 20,183,801 (1,225,332) (265,006)
Net increase (decrease) in cash, cash equivalents and restricted cash 418,687 192,763 (114,067)
Effect of exchange rate changes 776 2,180 (621)
Cash, cash equivalents and restricted cash at beginning of period 1,495,290 1,300,347 1,415,035
Cash, cash equivalents and restricted cash at end of period 1,914,753 1,495,290 1,300,347
Supplemental cash flow information:      
Interest paid, net of amounts capitalized 1,109,948 1,196,467 1,270,532
Income taxes paid (refunded), net $ 4,928 $ (3,862) $ 2,352
[1] Maintenance rights write-off consisted of the following:
End-of-lease ("EOL") and Maintenance Reserved ("MR") contract maintenance
rights expense
$7,048 $45,655 $76,611 
MR contract maintenance rights write-off offset by maintenance liability release17,260 35,897 19,848 
EOL contract maintenance rights write-off offset by EOL compensation received114,472 51,463 148,289 
Maintenance rights write-off$138,780 $133,015 $244,748