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Commitments and Contingencies | 12 Months Ended
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Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract] |
Commitments and Contingencies | Commitments and Contingencies Aircraft Acquisition As of December 31, 2022, the Company had commitments to acquire a total of 398 new aircraft for delivery through 2029, with an estimated aggregate commitment of $25.5 billion. The table is subject to change based on Airbus and Boeing delivery delays. As noted below, the Company expects delivery delays for some aircraft in its orderbook. The Company remains in discussions with Boeing and Airbus to determine the extent and duration of delivery delays; however, the Company is not yet able to determine the full impact of these delays.
|  | Estimated Delivery Years |  |
Aircraft Type |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Thereafter |  | Total
Airbus A220-100/300 |  | 14 |  |  | 26 |  |  | 20 |  |  | 12 |  |  | — |  |  | — |  |  | 72 |
Airbus A320/321neo(1) |  | 28 |  |  | 22 |  |  | 18 |  |  | 35 |  |  | 35 |  |  | 40 |  |  | 178 |
Airbus A330-900neo |  | 7 |  |  | 6 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13 |
Airbus A350-900/1000 |  | 4 |  |  | 3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7 |
Airbus A350F |  | — |  |  | — |  |  | — |  |  | 2 |  |  | 2 |  |  | 3 |  |  | 7 |
Boeing 737-7/8/9 MAX |  | 30 |  |  | 37 |  |  | 19 |  |  | 16 |  |  | — |  |  | — |  |  | 102 |
Boeing 787-9/10 |  | 5 |  |  | 4 |  |  | 10 |  |  | — |  |  | — |  |  | — |  |  | 19 |
Total(2) |  | 88 |  |  | 98 |  |  | 67 |  |  | 65 |  |  | 37 |  |  | 43 |  |  | 398 |
(1) The Company's Airbus A320/321neo aircraft orders include 22 long-range variants and 49 extra long-range variants.
(2) The table above reflects Airbus and Boeing aircraft delivery delays based on contractual documentation.
Pursuant to the Company’s purchase agreements with Boeing and Airbus, the Company agrees to contractual delivery dates for each aircraft ordered. These dates can change for a variety of reasons, however for the last several years, manufacturing delays have significantly impacted the planned purchases of the Company’s aircraft on order with Boeing and Airbus. The Company is currently experiencing delivery delays with both Boeing and Airbus aircraft. The aircraft purchase commitments discussed above could also be impacted by cancellations. The Company’s purchase agreements with Boeing and Airbus generally provide each of the Company and the manufacturers with cancellation rights for delivery delays starting at one year after the original contractual delivery date, regardless of cause. In addition, the Company’s lease agreements generally provide each of the Company and the lessee with cancellation rights related to certain aircraft delivery delays that typically parallel the cancellation rights in the Company’s purchase agreements. Commitments for the acquisition of these aircraft, calculated at an estimated aggregate purchase price (including adjustments for anticipated inflation) of approximately $25.5 billion as of December 31, 2022 are as follows:
|  | (in thousands)
Years ending December 31, |  |
2023 |  | $ | 6,224,490 |
2024 |  | 6,273,338 |
2025 |  | 4,104,896 |
2026 |  | 3,892,013 |
2027 |  | 2,479,676 |
Thereafter |  | 2,563,355 |
Total |  | $ | 25,537,768 |
The Company has made non-refundable deposits on flight equipment purchases of $1.3 billion and $1.5 billion as of December 31, 2022 and 2021, respectively, which are subject to manufacturer performance commitments. If the Company is unable to satisfy its purchase commitments, the Company may be forced to forfeit its deposits and may also be exposed to breach of contract claims by its lessees as well as the manufacturers.

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