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Asset impairment
6 Months Ended
Jun. 30, 2024
Asset Impairment Charges [Abstract]  
Asset impairment Asset impairment
Our long-lived assets include flight equipment held for operating lease and definite-lived intangible assets. We test long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amounts of the assets may not be recoverable. We perform event-driven impairment assessments of our flight equipment held for operating lease each quarter.
During the three and six months ended June 30, 2024, we recognized impairment charges of $28 million and $30 million, respectively. During the three and six months ended June 30, 2023, we recognized impairment charges of $2 million and $36 million, respectively. For all periods mentioned, the impairment charges related to lease terminations, lease amendments or sales transactions which were fully or partially offset by maintenance revenue recognized when we retained maintenance-related balances or received EOL compensation