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Maintenance rights and lease premium, net (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of finite-lived intangible assets
Maintenance rights and lease premium, net consisted of the following as of June 30, 2025 and December 31, 2024:
June 30, 2025December 31, 2024
Maintenance rights$1,505,434 $1,669,742 
Lease premium, net396,508 460,251 
$1,901,942 $2,129,993 
Schedule of movements in maintenance rights intangible
Movements in maintenance rights during the six months ended June 30, 2025 and 2024 were as follows:
Six Months Ended June 30,
20252024
Maintenance rights at beginning of period
$1,669,742 $2,099,513 
EOL and MR contract maintenance rights expense
(36,035)(51,841)
MR contract maintenance rights write-off due to maintenance liability release
(11,066)(34,988)
EOL contract maintenance rights write-off due to cash receipt
(25,372)(97,289)
EOL and MR contract maintenance rights write-off due to sale of aircraft(91,835)(45,016)
Maintenance rights at end of period
$1,505,434 $1,870,379 
Schedule of lease premium assets
The following tables present details of lease premium assets and related accumulated amortization as of June 30, 2025 and December 31, 2024:
June 30, 2025
Gross carrying amountAccumulated
amortization
Net carrying amount
Lease premium$801,716 $(405,208)$396,508 
December 31, 2024
Gross carrying amountAccumulated
amortization
Net carrying amount
Lease premium$907,995 $(447,744)$460,251