| Flight equipment held for operating leases, net |
Flight equipment held for operating leases, net Movements in flight equipment held for operating leases during the years ended December 31, 2025 and 2024 were as follows: | | | | | | | | | | | | | Year Ended December 31, | | 2025 | | 2024 | | Net book value at beginning of period | $ | 58,575,672 | | | $ | 57,091,166 | | | Additions | 5,431,413 | | | 6,550,861 | | | Depreciation | (2,613,483) | | | (2,548,219) | | | Disposals and transfers to held for sale | (2,838,130) | | | (2,210,815) | | | Transfers to/from investment in finance leases, net/inventory | (658,314) | | | (284,463) | | | Recoveries related to Ukraine Conflict (Note 25) | — | | | 26,909 | | | Impairments (Note 26) | (100,838) | | | (49,766) | | | Net book value at end of period | $ | 57,796,320 | | | $ | 58,575,672 | | | | | | | Accumulated depreciation and impairment as of December 31, 2025 and 2024, respectively: | $ | (16,122,764) | | | $ | (15,398,485) | |
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