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Flight equipment subject to operating lease (Tables)
9 Months Ended
Sep. 30, 2024
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, 2024:

(in thousands)
Net book value as of December 31, 2023$26,231,208 
Purchase of aircraft3,730,181 
Depreciation(849,374)
Flight equipment subject to operating leases reclassified to flight equipment held for sale(1,143,097)
Flight equipment subject to operating leases reclassified to investment in sales-type lease(74,017)
Net book value as of September 30, 2024$27,894,901 
Accumulated depreciation as of September 30, 2024$(5,958,105)