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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Statement of Cash Flows [Abstract]    
Net income $ 1,052,377 $ 932,147
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,269,897 1,226,121
Net recoveries related to Ukraine Conflict (22,749) (15,072)
Asset impairment 30,356 36,433
Amortization of debt issuance costs, debt discount, debt premium and lease premium 116,181 130,723
Maintenance rights write-off [1] 184,118 214,821
Maintenance liability release to income (112,413) (145,006)
Net gain on sale of assets (289,039) (265,449)
Deferred tax expense 148,777 145,085
Share-based compensation 57,668 48,669
Collections of finance leases 203,113 233,812
Loss (gain) on investments at fair value 4,684 (3,986)
Loss on debt extinguishment 7,020 3,851
Other (4,719) (16,089)
Changes in operating assets and liabilities:    
Trade receivables 24,305 65,486
Other assets 165,557 (56,712)
Accounts payable, accrued expenses and other liabilities (50,620) 21,762
Net cash provided by operating activities 2,784,513 2,556,596
Purchase of flight equipment (2,177,406) (2,290,042)
Proceeds from sale or disposal of assets 1,527,481 944,798
Prepayments on flight equipment (1,077,429) (789,408)
Net proceeds from (issuances of) loans receivable 34,136 (95,880)
Other 803 (20,756)
Net cash used in investing activities (1,692,415) (2,251,288)
Issuance of debt 2,796,670 2,327,579
Repayment of debt (3,579,662) (2,590,220)
Debt issuance and extinguishment costs paid, net of debt premium received (37,165) (35,627)
Maintenance payments received 442,130 378,292
Maintenance payments returned (178,364) (109,522)
Security deposits received 122,433 193,524
Security deposits returned (105,500) (114,150)
Dividend paid to non-controlling interest holders 0 (6,055)
Repurchase of shares and tax withholdings on share-based compensation (722,974) (790,013)
Dividends paid on ordinary shares (41,806) 0
Net cash used in financing activities (1,304,238) (746,192)
Net decrease in cash, cash equivalents and restricted cash (212,140) (440,884)
Effect of exchange rate changes (1,091) 1,101
Cash, cash equivalents and restricted cash at beginning of period 1,825,466 1,756,770
Cash, cash equivalents and restricted cash at end of period 1,612,235 1,316,987
Supplemental cash flow information:    
Interest paid, net of amounts capitalized 868,666 821,700
Income taxes paid, net 14,263 6,657
End-of-Lease (“EOL”) and Maintenance Reserve (“MR”) contract maintenance rights expense 51,841 140,686
MR contract maintenance rights write-off offset by maintenance liability release 34,988 16,594
EOL contract maintenance rights write-off offset by EOL compensation received 97,289 57,541
Maintenance rights write-off [1] $ 184,118 $ 214,821
[1] Maintenance rights write-off consisted of the following:
End-of-Lease (“EOL”) and Maintenance Reserve (“MR”) contract maintenance rights expense$51,841 $140,686 
MR contract maintenance rights write-off offset by maintenance liability release34,988 16,594 
EOL contract maintenance rights write-off offset by EOL compensation received97,289 57,541 
Maintenance rights write-off$184,118 $214,821