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Flight Equipment Held for Sale	12 Months Ended
Dec. 31, 2019
Flight Equipment held for sale
Flight Equipment Held for Sale	Note 13. Flight equipment held for sale As of December 31, 2019, we had eight aircraft, with a carrying value of $249.6 million, which were held for sale and included in Other assets on the Consolidated Balance Sheets. These aircraft will be sold through our Thunderbolt platform and we expect the sale of all eight aircraft to be completed in 2020. We cease recognition of depreciation expense once an aircraft is classified as held for sale. As of December 31, 2018, we had six aircraft classified as held for sale, with a carrying value of $241.6 million, which were included in Flight equipment under operating lease on the Consolidated Balance Sheets.

Flight Equipment Held for Sale

12 Months Ended

Dec. 31, 2019

Note 13. Flight equipment held for sale

As of December 31, 2019, we had eight aircraft, with a carrying value of $249.6 million, which were held for sale and included in Other assets on the Consolidated Balance Sheets. These aircraft will be sold through our Thunderbolt platform and we expect the sale of all eight aircraft to be completed in 2020. We cease recognition of depreciation expense once an aircraft is classified as held for sale. As of December 31, 2018, we had six aircraft classified as held for sale, with a carrying value of $241.6 million, which were included in Flight equipment under operating lease on the Consolidated Balance Sheets.