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Concentration of Risk (Tables) | 12 Months Ended
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Dec. 31, 2024
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, 2024 and 2023:
|  | December 31, 2024 |  | December 31, 2023
Region |  | Net Book Value |  | % of Total |  | Net Book Value |  | % of Total
|  | (in thousands, except percentages)
Europe |  | $ | 11,653,668 |  |  | 41.4 | % |  | $ | 9,881,024 |  |  | 37.7 | %
Asia Pacific |  | 10,077,621 |  |  | 35.8 | % |  | 10,456,435 |  |  | 39.8 | %
Central America, South America, and Mexico |  | 2,685,098 |  |  | 9.5 | % |  | 2,361,089 |  |  | 9.0 | %
The Middle East and Africa |  | 1,971,448 |  |  | 7.0 | % |  | 2,062,420 |  |  | 7.9 | %
U.S. and Canada |  | 1,782,631 |  |  | 6.3 | % |  | 1,470,240 |  |  | 5.6 | %
Total |  | $ | 28,170,466 |  |  | 100.0 | % |  | $ | 26,231,208 |  |  | 100.0 | %
At December 31, 2024 and 2023, the Company owned and managed leased aircraft to customers in the following regions based on each airline's principal place of business:
|  | December 31, 2024 |  | December 31, 2023
Region |  | Number of Customers(1) |  | % of Total |  | Number of Customers(1) |  | % of Total
Europe |  | 51 |  |  | 44.0 | % |  | 50 |  |  | 42.0 | %
Asia Pacific |  | 32 |  |  | 27.6 | % |  | 34 |  |  | 28.6 | %
The Middle East and Africa |  | 14 |  |  | 12.1 | % |  | 15 |  |  | 12.6 | %
U.S. and Canada |  | 11 |  |  | 9.5 | % |  | 12 |  |  | 10.1 | %
Central America, South America and Mexico |  | 8 |  |  | 6.8 | % |  | 8 |  |  | 6.7 | %
Total |  | 116 |  |  | 100.0 | % |  | 119 |  |  | 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, 2024 |  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022
Region |  | Amount of Rental Revenue |  | % of Total |  | Amount of Rental Revenue |  | % of Total |  | Amount of Rental Revenue |  | % of Total
|  | (in thousands, except percentages)
Asia Pacific |  | $ | 1,004,202 |  |  | 40.4 | % |  | $ | 1,156,837 |  |  | 46.7 | % |  | $ | 1,067,270 |  |  | 48.2 | %
Europe |  | 944,637 |  |  | 38.0 | % |  | 769,407 |  |  | 31.1 | % |  | 611,091 |  |  | 27.6 | %
The Middle East and Africa |  | 206,846 |  |  | 8.3 | % |  | 262,554 |  |  | 10.6 | % |  | 251,243 |  |  | 11.3 | %
Central America, South America and Mexico |  | 189,919 |  |  | 7.6 | % |  | 156,275 |  |  | 6.3 | % |  | 141,638 |  |  | 6.4 | %
U.S. and Canada |  | 142,351 |  |  | 5.7 | % |  | 132,534 |  |  | 5.3 | % |  | 143,266 |  |  | 6.5 | %
Total |  | $ | 2,487,955 |  |  | 100.0 | % |  | $ | 2,477,607 |  |  | 100.0 | % |  | $ | 2,214,508 |  |  | 100.0 | %

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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- Definition Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-21 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-20 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-18 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-20 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 16 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-16 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 21 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482861/275-10-50-21 + Details
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