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Commitments and Contingencies (Tables) | 9 Months Ended
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Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Contractual Commitments to Acquire Aircraft | The following table shows the Company’s contractual delivery commitment schedule as of September 30, 2024:
|  | Estimated Delivery Years |  |
Aircraft Type |  | Last 3 months of 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028 |  | Thereafter |  | Total
Airbus A220-100/300 |  | 8 |  |  | 14 |  |  | 6 |  |  | 12 |  |  | 12 |  |  | 2 |  |  | 54 |
Airbus A320/321neo(1) |  | 3 |  |  | 7 |  |  | 23 |  |  | 57 |  |  | 40 |  |  | 4 |  |  | 134 |
Airbus A330-900neo |  | 2 |  |  | — |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 3 |
Airbus A350F |  | — |  | — |  |  | — |  |  | 4 |  |  | 2 |  |  | 1 |  |  | 7 |
Boeing 737-8/9 MAX |  | 11 |  | 27 |  | 20 |  |  | 12 |  |  | 2 |  |  | — |  |  | 72 |
Boeing 787-9/10 |  | 6 |  | 7 |  | 4 |  |  | — |  |  | — |  |  | — |  |  | 17 |
Total(2) |  | 30 |  | 55 |  | 54 |  |  | 85 |  |  | 56 |  |  | 7 |  |  | 287 |
(1) The Company’s Airbus A320/321neo aircraft orders include seven long-range variants and 49 extra long-range variants.
(2) The table above reflects aircraft deliveries based on contractual documentation and production adjustments as communicated by Airbus and Boeing through November 7, 2024. The Company’s contractual delivery commitment schedule is subject to a number of factors outside its control, including ongoing delays by Airbus and Boeing for certain aircraft, including as a result of the Boeing labor strike, and the Company cannot guarantee delivery of any particular aircraft at any specific time notwithstanding its contractual delivery commitment schedule.
Schedule of Commitments for the Acquisition of the Aircraft, at an Estimated Aggregate Purchase Price | Commitments for the acquisition of these aircraft, calculated at an estimated aggregate purchase price (including adjustments for anticipated inflation) of approximately $18.2 billion as of September 30, 2024, are as follows (in thousands):
Years ending December 31, |
2024 (excluding the nine months ended September 30, 2024) | $ | 2,341,110 |
2025 | 3,687,740 |
2026 | 3,527,040 |
2027 | 5,227,217 |
2028 | 3,002,390 |
Thereafter | 416,433 |
Total | $ | 18,201,930 |

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- Definition Tabular disclosure of key provisions of an arrangement under which the entity has agreed to purchase goods or services over a period of time greater than one year or the normal operating cycle, if longer, including the item for which expenditures will be made, minimum quantities, milestones, time period and committed amount. + References No definition available. + Details
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