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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Statement of Cash Flows [Abstract]    
Net income (loss) $ 932,147 $ (1,660,119)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,226,121 1,215,158
Net (recoveries) charges related to Ukraine Conflict (15,072) 2,938,487
Asset impairment 36,433 14,228
Amortization of debt issuance costs, debt discount, debt premium and lease premium 130,723 161,633
Maintenance rights write-off [1] 214,821 179,667
Maintenance liability release to income (145,006) (131,427)
Net gain on sale of assets (265,449) (38,485)
Deferred tax expense (benefit) 145,085 (225,819)
Share-based compensation 48,669 54,381
Collections of finance leases 233,812 140,140
(Gain) loss on investments at fair value (3,986) 12,351
Loss on debt extinguishment 3,851 2,041
Other (16,089) (94,400)
Changes in operating assets and liabilities:    
Trade receivables 65,486 44,327
Other assets (56,712) 48,132
Accounts payable, accrued expenses and other liabilities 21,762 (151,845)
Net cash provided by operating activities 2,556,596 2,508,450
Purchase of flight equipment (2,290,042) (1,328,669)
Proceeds from sale or disposal of assets 944,798 796,373
Prepayments on flight equipment (789,408) (415,070)
Other (116,636) 84,683
Net cash used in investing activities (2,251,288) (862,683)
Issuance of debt 2,327,579 84,996
Repayment of debt (2,590,220) (2,413,244)
Debt issuance and extinguishment costs paid, net of debt premium received (35,627) (9,135)
Maintenance payments received 378,292 353,522
Maintenance payments returned (109,522) (172,570)
Security deposits received 193,524 148,781
Security deposits returned (114,150) (140,441)
Dividend paid to non-controlling interest holders (6,055) (580)
Repurchase of shares and tax withholdings on share-based compensation (790,013) (8,140)
Net cash used in financing activities (746,192) (2,156,811)
Net decrease in cash, cash equivalents and restricted cash (440,884) (511,044)
Effect of exchange rate changes 1,101 (1,260)
Cash, cash equivalents and restricted cash at beginning of period 1,756,770 1,914,753
Cash, cash equivalents and restricted cash at end of period 1,316,987 1,402,449
Supplemental cash flow information:    
Interest paid, net of amounts capitalized 821,700 760,509
Income taxes paid, net $ 6,657 $ 1,203
[1] Maintenance rights write-off consisted of the following:
End-of-Lease (“EOL”) and Maintenance Reserve (“MR”) contract maintenance rights expense$140,686 $166,512 
MR contract maintenance rights write-off offset by maintenance liability release16,594 242,142 
EOL contract maintenance rights write-off offset by EOL compensation received57,541 65,506 
EOL and MR contract maintenance rights write-off related to the Ukraine Conflict
— (294,493)
Maintenance rights write-off$214,821 $179,667