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Concentration of Risk (Tables)
12 Months Ended
Dec. 31, 2022
Risks and Uncertainties [Abstract]  
Schedule of Concentration of Risk by Regions The following table sets forth the regional concentration based on each airline's principal place of business of the Company’s flight equipment subject to operating leases based on net book value as of December 31, 2022 and 2021:
Year Ended
December 31, 2022
Year Ended
December 31, 2021
RegionNet Book
Value
% of TotalNet Book
Value
% of Total
(in thousands, except percentages)
Europe$7,985,317 32.5 %$7,439,993 32.5 %
Asia (excluding China)7,144,188 29.1 %5,952,981 26.0 %
China2,792,022 11.4 %2,934,224 12.8 %
The Middle East and Africa2,253,342 9.3 %2,447,919 10.7 %
Central America, South America, and Mexico1,924,216 7.8 %1,566,133 6.8 %
U.S. and Canada1,557,260 6.3 %1,638,450 7.2 %
Pacific, Australia, and New Zealand882,040 3.6 %919,304 4.0 %
Total$24,538,385 100.0 %$22,899,004 100.0 %

At December 31, 2022 and 2021, the Company owned and managed leased aircraft to customers in the following regions based on each airline's principal place of business:

Year Ended
December 31, 2022
Year Ended
December 31, 2021
Region
Number of Customers(1)
% of TotalNumber of Customers(1)% of Total
Europe 49 41.9 %50 42.5 %
Asia (excluding China)23 19.7 %22 18.6 %
The Middle East and Africa 14 12.0 %14 11.9 %
U.S. and Canada 13 11.1 %13 11.0 %
China6.8 %7.6 %
Central America, South America and Mexico6.0 %5.9 %
Pacific, Australia, and New Zealand2.5 %2.5 %
Total 117 100.0 %118 100.0 %
(1) A customer is an airline with its own operating certificate.
Schedule of Rental of Flight Equipment Revenues from Flight Equipment Subject to Operating Leases
The following table sets forth the dollar amount and percentage of the Company’s Rental of flight equipment revenues from its flight equipment subject to operating leases attributable to the indicated regions based on each airline’s principal place of business:
Year Ended
December 31, 2022
Year Ended
December 31, 2021
Year Ended
December 31, 2020
RegionAmount of Rental Revenue% of TotalAmount of Rental Revenue% of TotalAmount of Rental Revenue% of Total
(in thousands, except percentages)
Asia (excluding China)$625,355 28.2 %$558,020 27.9 %$573,722 29.5 %
Europe 611,091 27.6 %564,479 28.2 %525,543 27.0 %
China359,976 16.3 %352,375 17.6 %341,121 17.5 %
The Middle East and Africa 251,243 11.3 %210,977 10.5 %220,017 11.3 %
U.S. and Canada 143,266 6.5 %130,717 6.5 %106,694 5.5 %
Central America, South America and Mexico141,638 6.4 %104,315 5.2 %88,113 4.5 %
Pacific, Australia, and New Zealand81,939 3.7 %82,454 4.1 %91,410 4.7 %
Total$2,214,508 100.0 %$2,003,337 100.0 %$1,946,620 100.0 %