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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities    
Net income/(loss) $ 393,571 $ (242,334)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:    
Depreciation of flight equipment 795,659 713,095
Write-off of Russian fleet 0 802,352
Stock-based compensation expense 23,330 9,799
Deferred taxes 91,410 (78,035)
Amortization of discounts and debt issuance costs 40,414 39,772
Amortization of prepaid lease costs 54,962 34,734
Gain on aircraft sales, trading and other activity (147,174) (85,616)
Changes in operating assets and liabilities:    
Other assets 40,496 (243,109)
Accrued interest and other payables (6,380) (8,354)
Rentals received in advance (3,982) 16,259
Net cash provided by operating activities 1,282,306 958,563
Investing Activities    
Acquisition of flight equipment under operating lease (2,782,507) (2,166,317)
Payments for deposits on flight equipment purchases (249,231) (428,424)
Proceeds from aircraft sales, trading and other activity 1,568,420 42,043
Acquisition of aircraft furnishings, equipment and other assets (205,368) (162,897)
Net cash used in investing activities (1,668,686) (2,715,595)
Financing Activities    
Cash dividends paid on Class A common stock (66,587) (62,738)
Common shares repurchased 0 (150,000)
Cash dividends paid on preferred stock (31,275) (31,275)
Tax withholdings on stock-based compensation (3,354) (8,903)
Net change in unsecured revolving facility 758,000 1,570,000
Proceeds from debt financings 1,783,973 1,497,615
Payments in reduction of debt financings (2,566,518) (1,327,146)
Debt issuance costs (10,590) (5,855)
Security deposits and maintenance reserve receipts 269,171 308,637
Security deposits and maintenance reserve disbursements (10,723) (24,627)
Net cash provided by financing activities 122,097 1,765,708
Net (decrease)/increase in cash (264,283) 8,676
Cash, cash equivalents and restricted cash at beginning of period 780,017 1,108,292
Cash, cash equivalents and restricted cash at end of period 515,734 1,116,968
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest, including capitalized interest of $31,708 and $29,335 at September 30, 2023 and 2022, respectively 532,922 442,461
Cash paid for income taxes 6,250 5,808
Supplemental Disclosure of Noncash Activities    
Buyer furnished equipment, capitalized interest and deposits on flight equipment purchases applied to acquisition of flight equipment and other assets 620,280 596,021
Cash dividends declared on Class A common stock, not yet paid $ 22,205 $ 20,515