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Flight equipment subject to operating lease (Tables)
9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Flight Equipment Subject to Operating Lease
The following table summarizes the activities for the Company’s flight equipment subject to operating lease for the nine months ended September 30, 2023:

(in thousands)
Net book value as of December 31, 2022$24,538,385 
Purchase of aircraft3,429,479 
Depreciation(795,659)
Sale of aircraft(906,992)
Transferred to Held for Sale(669,899)
Net book value as of September 30, 2023$25,595,314 
Accumulated depreciation as of September 30, 2023$(5,365,755)